Bloomberg Wins Market Liquidity Risk Product of the Year Award for the Fifth Consecutive Time

Bloomberg’s Liquidity Assessment Solution, LQA, was named Market Liquidity Risk Product of the Year for the fifth consecutive time in the Risk Market Technology Awards 2024. These awards celebrate excellence in risk market technology with winners decided by a judging panel, consisting of technology users and members of the Risk.net editorial team.

LQA uses a data-driven approach and explainable machine learning models to provide clients with a quantitative evaluation of market liquidity. The LQA team applies machine learning algorithms to analyze 150+ features, such as maturity, number of trades, price volatility, bid/ask spread and more, to calculate the liquidity profile of an individual security. LQA is calibrated daily to quickly capture changing market conditions across multiple asset classes streamlining regulatory compliance, risk management, and investment processes.

“We’re honored to have LQA recognized as one of the most effective tools for assessing liquidity risk,” said Zane Van Dusen, Global Head of Risk & Investment Analytics Products at Bloomberg. “LQA’s broad adoption stems not only from the accuracy and explainability of its models but also its ability to support a constantly growing list of use cases from regulatory reporting to scenario analysis to pre-investment research.”

LQA is part of Bloomberg’s Risk & Investment Data Analytics Suite which also includes quantitative estimates of credit risk with Bloomberg’s Default Risk (DRSK) and Market-Implied Probability of Default (MIPD) solutions, as well as fund data analytics to show the risk exposure of a fund with granular fund-level metrics. This suite has successfully won three awards in 2023 including today’s Risk.net win along with the Chartis RiskTech100 for Credit Data – Corporate Bonds (2nd year in a row), and the WatersTechnology Inside Market Data & Inside Reference Data Awards for Best Data Analytics Provider (2nd year in a row).