Tuesday, March 1, 2016
The news that Bloomberg will be buying Barclays' index business, and with it the POINT risk and attribution system, has had an effect not dissimilar to throwing a rock into a small, quiet and sleepy pool. Over the years many fixed income teams have come to depend on POINT for their attribution, risk and as a source for their analytics. There is a lot of nervousness about what happens next. Not to understate the changes and work that may be needed but we think that this might be seen as an opportunity for teams as well as a threat.