This week, Gerard Francis, global head of enterprise data at Bloomberg, comes back on the podcast to talk with Tony about lessons learned during Covid, the acceleration of cloud usage, and making data more accessible. The last time he joined the podcast, Gerard spoke about the alternative data space. (https://www.waterstechnology.com/data-management/4275716/wavelength-podcast-episode-161-gerard-francis-of-bloomberg)
2:00 – Tony talks about his story on Trading Technologies' Echo Chamber and its goal of aggregating order flow on the TT platform. (https://www.waterstechnology.com/data-management/7548941/trading-technologies-unveils-new-futures-market-data-feed)
7:00 – Gerard joins the podcast. He and Tony start off talking about the experience of transitioning to a work-from-home situation.
10:00 – Then, they talk about how the Covid situation accelerates the importance of cloud, and the decisions Bloomberg has made to making datasets and services available in the cloud.
14:30 – Gerard explains the thinking behind Bloomberg Enterprise Access Point (BEAP) and making data more easily available to people.
17.30 – What were the pressure points that led to this?
20: 30 – Is there more emphasis on allowing customers to do what they want with data?
23:00 – Gerard talks about Data License+, the barriers of creating it in the past, and how the Polarlake acquisition in 2012 helped. (https://www.waterstechnology.com/data-management/7540596/bloomberg-debuts-data-license-plus-to-aid-data-management-during-covid-19)
26: 30 – What has changed financial institutions’ perception of the cloud?
29:00 – Were any adjustments made to Bloomberg’s licensing models during this environment?
30: 30 – Gerard discusses the different types of data that are valuable now, and how consolidation in the alternative data space is inevitable.
36:00 – They wrap up talking about personal lessons and takeaways from working from home.