Traders move up a gear

The introduction of a new Bloomberg risk platform gives traders and investors access to new levels of risk management analysis.

Algo Risk runs off Bloomberg’s order management systems and marks a significant advance on the previously fairly simple risk management tools available over Bloomberg.

Put together in collaboration with technology provider Algorithmics, it enables users to run analysis on their positions using Bloomberg’s desktop hardware and its secure private network. Gail Doolin, in Bloomberg’s business development team, says traders and investors have been increasingly demanding the same analytics as their colleagues in risk management.