Bloomberg has informed the public that it has just launched its flagship real-time market data feed, B-PIPE, in the cloud.
B-PIPE is a no-compromise solution available on Amazon Web Services (AWS) and it is providing access to the same market data available through the Bloomberg Terminal.
With this newly launched service clients can simultaneously stream data for 35 million instruments across all asset classes, as well as deploy a single application – either on-premises, via hosted, or on the cloud, just by using a common API.
Earlier this year, Bloomberg has also launched a new data service consolidating NEX’s BrokerTec US Treasuries data with USD Spread-Over data from Tradition’s Trad-X platform.
The capital markets are nearing a tipping point for cloud adoption. This is increasingly true for front-office applications where the cloud can provide reliability without the high cost of managing servers or the performance limitations of internet-based connections,” said Tony McManus, Chief Information Officer for Bloomberg’s Enterprise Data department. “With efficient data delivery, a core pillar of our business, making B-PIPE available on the cloud is our first step in meeting customer demand. With easier access to quality market data on the cloud, clients can focus on generating value from data rather than installing and managing dedicated infrastructure.
Bloomberg B-PIPE is currently available on AWS PrivateLink, which simplifies the security of data shared with cloud-based applications by eliminating the exposure of data to the public Internet.