Bloomberg L.P.

Bloomberg Vault

Composite Score

8.1 /10

CX Score

8.4 /10

36 Reviews Write a Review

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What is Bloomberg Vault?

Bloomberg Vault is an integrated compliance and surveillance solution designed to help global financial services firms meet their regulatory obligations and business standards. Vault enables firms to capture, control, archive, reconstruct, and analyze their e-communication, trade, and voice data across the entire trading life cycle on a real time or historic basis.

Company Details

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Awards & Recognition

Bloomberg Vault won the following awards in the Data Archiving category

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2024 Data Quadrant Gold Medalist

Latest Award, 2024

8 Top Rated Capabilities

8 Top Rated Features

Latest Award, 2024

2024 Emotional Footprint Champion

2024

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2024

2023 Data Quadrant Gold Medalist

2023

9 Top Rated Capabilities

9 Top Rated Features

2023

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Product Impact
Conflict Resolution

2023

Bloomberg Vault Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Bloomberg Vault.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

85 Likeliness to Recommend

3
Since last award

92 Plan to Renew

1
Since last award

93 Satisfaction of Cost Relative to Value

2
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+90 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Bloomberg Vault?

7% Negative

1% Neutral

92% Positive

Pros

Client Friendly Policies
Helps Innovate
Includes Product Enhancements
Inspires Innovation

Feature Ratings

Average 87

Data Encryption

Data Compression

Long Term Data Retention

Data Format Native Generic

Storage Optimization

Granularity

Multiple Format Support

Data Deletion Control and Space Gain

Restore to Current Format

External Storage Connectivity

Platform Support

Vendor Capability Ratings

Average 83

Ease of Implementation

Ease of IT Administration

Availability and Quality of Training

Breadth of Features

Usability and Intuitiveness

Business Value Created

Product Strategy and Rate of Improvement

Ease of Data Integration

Quality of Features

Ease of Customization

Vendor Support

Bloomberg Vault Reviews

Sai G.

Role: Operations
Industry: Other
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted Nov 2024

Robust, but limited

Likeliness to Recommend

9 /10

What differentiates Bloomberg Vault from other similar products?

It's seamless integration with bloomberg financial data and it's network.

What is your favorite aspect of this product?

It's seamless, real-time data capture across channels is ideal for effortless regulatory compliance

What do you dislike most about this product?

It can be complex to setup and manage especially for teams without dedicated compliance expertise.

What recommendations would you give to someone considering this product?

Ensure you have the expertise for setup and test bloomberg vault features to see if they match compliance needs.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

EDWIN M.

Role: Sales Marketing
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2024

Powerful Compliance , premium price

Likeliness to Recommend

10 /10

What differentiates Bloomberg Vault from other similar products?

Bloomberg Vault distinguishes itself from other similar products through its deep integration into the Bloomberg ecosystem, providing users with access to a comprehensive suite of financial data and analytics tools alongside its data management and compliance solutions. This integration offers unparalleled connectivity, allowing firms to leverage real-time market insights and rich contextual data while managing compliance and archiving needs. Additionally, Bloomberg Vault's robust search capabilities, regulatory-focused features, and strong emphasis on security.

What is your favorite aspect of this product?

One of the standout aspects of Bloomberg Vault is its seamless integration with the broader Bloomberg ecosystem. This connectivity allows users to leverage an extensive array of financial data, analytics, and tools within a single platform, enhancing both workflow efficiency and the quality of insights available for compliance and data management. The ability to access real-time market information and advanced analytics directly alongside compliance and archiving capabilities empowers us to make informed decisions quickly and effectively.

What do you dislike most about this product?

One of the primary criticisms of Bloomberg Vault is its pricing, which can be quite high, potentially making it less accessible for smaller firms or those with limited budgets.

What recommendations would you give to someone considering this product?

Before making a decision, clearly define your organization’s compliance and data management needs. Evaluate whether the features offered align with those needs.

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Jayden J.

Role: Sales Marketing
Industry: Other
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jul 2024

Amazing Product

Likeliness to Recommend

9 /10

What differentiates Bloomberg Vault from other similar products?

Bloomberg Vault excels in compliance and data security, which is crucial for financial institutions but might be overkill for our company.

What is your favorite aspect of this product?

Data Integrity ensures that archived data is preserved accurately and can be retrieved reliably.

What do you dislike most about this product?

The features designed for compliance might add unnecessary complexity for a marketing-focused organization.

What recommendations would you give to someone considering this product?

Look into marketing-focused analytics tools that offer better integration with marketing platforms and provide real-time data processing and campaign performance insights.

Pros

Helps Innovate
Reliable
Enables Productivity
Efficient Service

Bloomberg Vault

What is Bloomberg Vault?

Company Details

Need Assistance?

Awards & Recognition

2024 Data Quadrant Gold Medalist

2024 Emotional Footprint Champion

2023 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2022 Data Quadrant Gold Medalist

2021 Data Quadrant Gold Medalist

2021 Emotional Footprint Champion

Bloomberg Vault Ratings

85 Likeliness to Recommend

3 Since last award

92 Plan to Renew

1 Since last award

93 Satisfaction of Cost Relative to Value

2 Since last award

Emotional Footprint Overview

+90 Net Emotional Footprint

How much do users love Bloomberg Vault?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Data Encryption Protects your data from those who have physical access to storage media (including secure storage provider), and ensures data has only authorized access

Data Compression Allows for more data to be stored on media. Data compression can potentially slow down access times to the data

Long Term Data Retention The software should have fault tolerant abilities in order to recover from minor data corruptions. Depends largely on the media (such as tapes)

Data Format Native Generic Offers multiple options from native proprietary format to industry-standard generic format to restore or import onto any target system

Storage Optimization 'Storage optimization, unlike std. backup & restore, is for long term data storage, organizing it to find & restore information easily

Granularity 'The granular storage of data, such that it can be searched and recovered in an expedient manner.

Multiple Format Support Ability to support multiple media formats, including tape, WORM drives, optical media, etc. Also, proliferation of cloud and support cloud storage.

Data Deletion Control and Space Gain The ability to reclaim valuable hard drive space freed due to the data archiving process based on the software’s successful confirmation & verification

Restore to Current Format Ability to restore to whichever “current” format the organization has in place at the time of archive data restoration

External Storage Connectivity Data archiving usually stores data on external, removable media that is optimized for long-term storage, at an offsite location.

Platform Support Does the data archive system provide the hardware platform support that the organization needs.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Bloomberg Vault Reviews

Sai G.

Robust, but limited

Likeliness to Recommend

Pros

EDWIN M.

Powerful Compliance , premium price

Likeliness to Recommend

Pros

Jayden J.

Amazing Product

Likeliness to Recommend

Pros

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3
Since last award

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2
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Feature Ratings

Data Encryption

Data Compression

Long Term Data Retention

Data Format Native Generic

Storage Optimization

Granularity

Multiple Format Support

Data Deletion Control and Space Gain

Restore to Current Format

External Storage Connectivity

Platform Support

Vendor Capability Ratings

Ease of Implementation

Ease of IT Administration

Availability and Quality of Training

Breadth of Features

Usability and Intuitiveness

Business Value Created

Product Strategy and Rate of Improvement

Ease of Data Integration

Quality of Features

Ease of Customization

Vendor Support