The leading knowledge platform for the financial technology industry
The leading 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

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.

Related content


Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...


Brian Sentance Named Head of EMEA at Data Quality Management Platform Provider Datasynthesis

Brian Sentance, former CEO of Xenomorph, is back in the data management business as head of EMEA for Datasynthesis, provider of a cloud-native data quality management platform that synchronises data governance, integration and quality to transform data policy into data operations. Sentance joins the New-York based leadership team of Datasynthesis, CEO Christian Robertson, and chief...


RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.


Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...