Bloomberg L.P. is a privately held financial, software, data, and media company that has significantly influenced the financial industry since its inception.
Bloomberg Terminal is a comprehensive computer system that provides access to Bloomberg's investment data service, including real-time financial data, news feeds, messaging, and trade execution services. It is widely used by portfolio managers, sell-side finance professionals, buy-side analysts, and traders for its extensive data sets and real-time market information.
The availability of the Bloomberg Terminal and its services through a dedicated computer system means users can access a vast data pool without needing to maintain the data infrastructure themselves.
Bloomberg's Server API enables developers to build applications that interact directly with Bloomberg's vast data and analytics services
Bloomberg Query Language (BQL) is a high-level query language that allows users to perform data analysis and extract insights from Bloomberg's financial databases. BQL abstracts away the complexity of the underlying data structures, enabling users to focus on querying and analysing data without the need for intricate database knowledge or management.
To summarise, Bloomberg can be described in terms of a DaaS model that allows users to access and analyse data without the complexities of data management and infrastructure maintenance.