Well, it was only a matter to time…Bloomberg couldn’t ignore the Web-effect, that is, individual business users now used to their PCs as a conduit to everything. But don’t read too much into it until it finally happens…
The financial services provider is prepping the launch of a long-awaited data-feed product that would finally sever ties between the company’s content and its terminals. Bloomberg’s “Fat Pipe Feed” would be formally launched in September.
According to the Post, Bloomberg’s entrance into the unbundled data distribution space would mark a serious strategy change for the company. The Fat Pipe product would bring Bloomberg data to desktops, an area currently dominated by Reuters and Thomson.
The Exchange Handbook: Bloomberg has high hopes for its Fat Pipe Feed and has even re-designated the Open Bloomberg Server as its Thin Pipe Feed. A new feed supplier, Relegance, has sealed a distribution agreement with Radianz. Bloomberg is further rumoured to be talking to IBM about bringing to market an “independent” data distribution platform to compete with RMDS…”
Related:
– Bloomberg Overtakes Reuters In Data Sales
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