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: Modernising Data Infrastructures: Challenges and opportunities of managing complex financial data and analytics in hybrid and multi-cloud environments

As they forge ahead with their digital transformation programs, financial institutions are finding that the internal platforms they use to manage complex data sets for trading, investment, risk, and compliance are no longer fit for purpose. The ongoing shift toward cloud hosting is forcing practitioners to manage the transition from deeply entrenched legacy platforms to...

BLOG

A-Team Innovation Briefing Discusses Data Mesh, Transition to Cloud, Use of AI

A-Team Group’s Innovation Briefing series got off to a great start in London last week with an event dedicated to innovation in cloud. The briefing included practitioner interviews, provided insight into how to modernise data infrastructure, and reviewed technologies driving change. The case for data mesh Kicking off the briefing, and raising several delegate questions,...

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...