As global markets become ever more interconnected, complex and fast moving, financial firms are finding that high quality data is vital to protect profitability, generate alpha, manage risk and drive efficiencies.
In a revenue-challenged environment, for many firms increasing profitability means cutting costs. Efficient, in-house data acquisition and data management has therefore become vital, but planning and executing successful strategies can be more complicated than it initially appears.
Data is also central to managing the increasingly complex regulatory landscape. As change drives the need for a more holistic view of risk management, there is an exponential need for new datasets to mitigate risk, manage regulatory reporting and calculate valuations.
The expanding universe of alternative asset classes and instruments – from ESG to non-structured datasets such as satellite, weather or even crypto – only adds to the data demands. As does automation, with the trend toward machine learning, algorithmic trading and liquidity outsourcing all gaining traction. As firms look to create efficiencies on investment and trading desks, quality and speed of data is paramount.
In this report we look at how these trends impact firms in the Middle East and Africa. We hope you find the articles informative and encourage you to contact us using the form at the end of the report if you would like to learn how Bloomberg’s solutions can turn data into a competitive edge for your firm.
Benjamin Grolimund, Middle East and Africa Regional Manager, Financial Products Bloomberg L.P.