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While large banks have the capital and resources to invest in Bloomberg terminals, even large company treasury teams have a hard time justifying the expense. I
by Vaslo 5y ago
While large banks have the capital and resources to invest in Bloomberg terminals, even large company treasury teams have a hard time justifying the expense. In my old company, the treasury department just paid for one terminal and some analyst got stuck pulling anything and everything for the entire company. It was less expensive then buying additional terminals.
Plus the analyst was a fixed cost via his salary anyway, why not just work him more. /s
- h1srf 5y agoAFAIK that's pretty much 100% against the license agreement. Data pulled from the terminal is only supposed to be shared with other BBG subscribers. They have more expensive offerings that allow non-subscriber use of data. I have been through audits where we prove that no non-terminal user is receiving data that we pull.