> Bloomberg failed to disclose to its customers that the use of EIT could, in certain circumstances, result in a valuation based on an uncorroborated single dat

> Bloomberg failed to disclose to its customers that the use of EIT could, in certain circumstances, result in a valuation based on an uncorroborated single data input. The clear counter-argument is here is that you override the model-based valuation because you know the model-based valuation is wrong for any one of a number of reasons--bad inputs, model bias, model not capture all relevant factors, etc. All that being said, I'm sure BVAL is sold as "model-driven" and would like to minimize the disclosure of the actual number of times the model is overridden or ignored. As far as I'm concerned, "human in the loop" is a value proposition and buying any expert-based service that is 100% model-driven is not a service I would want to buy.