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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Bloomberg Trading Facility Limited operates the BMTF, a comprehensive multilateral trading facility designed for trading a variety of financial instruments, including cash bonds, repos, credit default swaps (CDS), interest rate swaps (IRS), exchange-traded funds (ETF), equity derivatives, and foreign exchange derivatives (FX). In response to the MiFID II regulations, Bloomberg has enhanced its trading workflows to create an efficient platform that facilitates a smooth adaptation to these new requirements. By leveraging the foundational technology from its established fixed-income, equity, and derivative trading systems—already utilized by over 1,000 institutions worldwide—Bloomberg's MTF grants qualified participants access to both request for quote and request for trade features, thus enhancing liquidity within the Fixed Income asset class. Furthermore, Bloomberg's integrated solutions streamline the trading process, making it beneficial for both buy-side and sell-side clients, ultimately fostering a more dynamic trading ecosystem. As a result, this platform not only meets regulatory standards but also elevates the overall trading experience for its users.

Description

The IRIS workflow addresses the global concern of managing active counterparty credit risk by encompassing various processes from the acquisition of trading data to the re-booking of trades, which includes tasks like curve stripping, consistent pricing, an extensive aggregation module, the computation of hedge requirements, and the analysis of What-if scenarios. It is designed as a parallel distributed application that optimally leverages multi-core systems for efficient performance. Additionally, an HPC solution utilizing GPU and multicore processors is available to enhance the speed of pricing and Greeks computations. A significant design objective is the capability to integrate IRIS engines seamlessly into existing complex systems. Utilizing the .NET development framework facilitates interoperability and compatibility with other programming languages. IRIS also fully supports FpML and various market data providers such as Reuters, Bloomberg, and Markit, which guarantees smooth integration of data streams. Furthermore, the internal data within IRIS is completely accessible, allowing for comprehensive auditing of computation details, which adds an extra layer of transparency and trust in the system's outputs. Overall, the IRIS workflow is a robust solution for modern credit risk management challenges.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Bloomberg Professional Services

Country

United States

Website

www.bloomberg.com/professional/product/multilateral-trading-facility/

Vendor Details

Company Name

Global Market Solutions

Founded

2010

Country

France

Website

www.globms.net/products/iris/

Product Features

Product Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

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Alternatives

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