About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bloomberg Adds Ex-Tullett Prebon CEO Danese as New Global Head of Data Solutions

Subscribe to our newsletter

As well as drawing a line in the sand with regards to instrument data codes, data vendor Bloomberg has also added a new team member to globally head its data solutions business. Andrea Danese joins from consultancy firm Fusion Advisory Partners, where he was co-founder and managing director for just over a year.

Danese will be based in New York and charged with leading Bloomberg’s data efforts in this tough economic climate. Given the reaction of many attendees at last month’s World Financial Information Conference (WFIC) in Athens, who criticised vendors’ lack of appreciation for firms’ budget consciousness (read lack of sympathetic price cutting), this will certainly prove challenging. However, the vendor’s decision to give away its instrument codes for free may go some way towards sweetening the pill.

Danese was appointed in the role in August and has been settling in ever since. As well as working for Bloomberg, he is continuing in his role as managing partner of real estate and private equity investment and research firm Fifth Avenue Advisors and in his activities as a venture capitalist.

Previously, Danese was CEO of the Tullett Prebon Information Group, a primary provider of market data information to vendor dealers and asset managers in the Americas, Europe and Asia. Prior to joining Tullet Prebon in 2005, he was president and chief operating officer of Creditex, an electronic trading platform for credit default swaps.

Before this, Danese served as director and chief operating officer of global credit derivatives for Deutsche Bank in London. He began his financial services career at JPMorgan as a member of the general counsel’s office, later moving into structured credit products.

Bloomberg hopes his considerable experience in the market, especially in the derivatives sector will lend itself towards his new role. He will certainly be busy in the short term, given the launch of the vendor’s Bloomberg Open Symbology (BSYM), which involves the provision of its proprietary financial instrument codes to the market at no charge to users.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

S&P Global Market Intelligence Wins A-Team Group’s AI In Capital Markets Best AI Solution for Research Summarisation Award

S&P Global Market Intelligence’s flagship data and analytics platform has won A-Team Group’s AI in Capital Markets Award for Best AI Solution for Research Summarisation. Data Management Insight spoke to Daniel Kim, senior director, head of digital engagement, data and research at S&P Global Market Intelligence and discusses the AI capabilities of its S&P Capital...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...