Bloomberg’s OMS is uniquely cost-effective because it provides clients with a completely packaged Trading System solution that requires minimal hardware, software, and support. Other OMS providers typically make users pay variable costs of infrastructure, software, and personnel that often become double or triple initial estimates. With Bloomberg’s OMS, firms are no longer forced to recoup hidden costs by undersizing environments and adversely affecting trading performance. With BLOOMBERG ANYWHERE®, firms need not operate at risk with a single system that does not have provisions for outages with high availability or disaster recovery plans. Since 1981, Bloomberg has provided an enterprise-grade ASP solution for Trading Systems. Now, Bloomberg provides an Open Architecture within which firms can directly integrate. By delivering Software as a Service (SaaS), Bloomberg enables clients to fully leverage their systems while avoiding the hidden costs and responsibilities associated with infrastructure build-outs, version upgrades, data sourcing, continual tuning, and system maintenance. INFRASTRUCTURE INCLUDED Bloomberg’s ASP model provides a complete ‘turn-key’ solution for enterprises that includes software as well as infrastructure, maintenance and operational support as standard, whilst other vendors typically expect clients to build, configure and maintain these components on their own. Hardware: Sized, scaled, and dedicated to licensed clients Software: True enterprise-class systems tuned for performance High Availability: Standby systems ready to assume the load without users experiencing any downtime Disaster Recovery: Completely separate Geographic Data Centers with real-time replication between Network Service Bureaus: Fully managed and monitored network connectivity to external destinations, execution platforms, counterparties and settlement systems Monitoring, Optimization and Tuning: Operations teams dedicated to monitoring systems as well as continually tuning the environments for trading performance EASE OF UPGRADES Bloomberg also provides a certified, fully supported process to automatically upgrade clients so that they can stay up-to-date with system enhancements, avoiding the time and cost normally associated with version upgrades. Other OMS vendors must certify their releases with specific hardware/software combinations. This tends to drive hardware, configuration, and implementation costs even higher, since platform requirements change between software releases. Clients find themselves forced to reconfigure and swap out entire infrastructures to upgrade to the latest version of their OMS vendor’s platform. Click here for more information |