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

Guotai Junan Securities Asset Management Selects Bloomberg Data License Plus to Support Digital Transformation

Subscribe to our newsletter

Bloomberg has reached cooperation on financial technology with Guotai Junan Securities Asset Management (GTJA AM) to support the asset manager’s digital transformation. Guotai Junan is based in Shanghai and is the first Chinese financial institution to adopt Bloomberg Data License Plus (DL+), a hosted data management solution that the firm will use to enhance its investment and research capabilities. The companies have also agreed to explore other areas of cooperation, such as deploying Bloomberg data and technology in GTJA AM’s trading and risk management businesses.

In April 2021, GTJA AM obtained a license from the China Securities Regulatory Commission to join the domestic mutual fund industry. Jiang Wei, chairman of GTJA AM, says the firm is committed to creating more value for investors. Working with Bloomberg, he says, will lay a strong foundation for investment and research capabilities as the firm accelerates its fintech strategy. He adds: “We believe the cooperation will also support our wealth management solutions for investors.”

GTJA AM will initially use Bloomberg’s supply chain dataset to expand its investment and research coverage. This is in line with the firm’s strategy to enhance its investment and research capability using more quantitative factors for investment alpha.

Heena Chakravorti, APAC head of enterprise data at Bloomberg, notes the importance of acquiring quality data and getting data management right for buy-side firms. He says: “The release of DL+ was accelerated last year during the pandemic so that users can access their Bloomberg datasets from anywhere, while making the data easier to use across systems, applications and users.”

Bloomberg DL+ will help GTJA AM aggregate, organise, and link relevant data, so that its data analysts can visualise and explore the data through a web-based user interface and extract more value from the data. As a scalable managed service, DL+ allows GTJA AM to benefit from new Bloomberg content sets and ongoing product development driven by the demands of Bloomberg’s global client base.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Nature-Risk Data Proposals Hailed as Pathway to Better Investment Decisions

Proposals to improve the nature-risk data value chain has been welcomed by sustainability data leaders who said they will pave the way for better decision making and reporting by financial institutions and provide more detailed analyses for investors. The proposals offer a slate of principles to improve the quality of state-of-nature data collection and integration...

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

Data Lineage Handbook

Data lineage has become a critical concern for data managers in capital markets as it is key to both regulatory compliance and business opportunity. The regulatory requirement for data lineage kicked in with BCBS 239 in 2016 and has since been extended to many other regulations that oblige firms to provide transparency and a data...