B

bloomberg-industry-group

lightning_bolt Market Research

Company Overview


Bloomberg Industry Group, an affiliate of Bloomberg L.P., provides specialized legal, tax, regulatory, and business information services to professionals in various sectors. The company is committed to empowering professionals in government, law, tax, and accounting by delivering timely and actionable data, news, and analysis.

Corporate Information


  • Founded: Not specified

  • Headquarters: Crystal City, Arlington, Virginia, USA

  • Type: Privately Held

  • Employees: Approximately 1,834 employees


  • Affiliated with: Bloomberg L.P.


Key Locations


  • Primary Headquarters:

  • 1801 S Bell Street, Arlington, VA 22202

  • 1101 K St. NW, Suite 500, Washington, D.C. 20005


Executive Leadership


  • Josh Eastright

  • Position: Chief Executive Officer


  • Background: Appointed CEO in 2018. Previously served as President of the Government Division at Bloomberg Industry Group. Focused on leveraging technology to enhance news coverage and client service.


  • Christina Correira, JD

  • Position: Chief Human Resources Officer


  • Background: Effective HR leader focused on aligning HR strategies with overall business objectives. Active recruiter and involved in employee engagement and philanthropy.


  • Eric Schvimmer

  • Position: Executive Vice President of Technology & Chief Technology Officer


  • Background: Skilled in digital product development and technology strategy. Plays a key role in driving the engineering teams and mentoring the next generation of engineers.


  • Hyun-Seuk Khang

  • Position: Global Head of Sales & Client Services


  • Background: Oversees global sales, service, and support functions, fostering client relationships and driving revenue growth.


  • Lisa Fitzpatrick

  • Position: President, Bloomberg Tax


  • Background: Leads Bloomberg Tax's research and software business, focusing on product development, client experience, and content management.


Products and Services


Bloomberg Industry Group offers an array of products aimed at enhancing decision-making and compliance for professionals in legal, tax, and government fields.

Legal


  • Bloomberg Law: A comprehensive legal research software providing access to legal news, data, and analysis.


Tax


  • Bloomberg Tax: A suite of tools designed for tax professionals, including tax research, planning, and compliance solutions.

  • Notable Products:

  • Bloomberg Tax Provision

  • Income Tax Planner

  • Fixed Assets


Government


  • Bloomberg Government: Specialized products and services tailored to professionals involved in government affairs and contracting.


Recent Activities and Community Engagement


Bloomberg Industry Group actively participates in community and philanthropic events, fostering an inclusive environment for its employees:
  • Women's Equality Day: Hosted speed mentoring events to support career advancement for women.

  • Back-to-School Initiative: Donated 400 backpacks filled with school supplies to local students.

  • Pride Month Celebrations: Organized events and discussions to support and celebrate the LGBTQ+ community.

  • AAPI Heritage Month: Conducted cultural and storytelling events to celebrate Asian American and Pacific Islander heritage.


Competitor Profile



Key Competitors


Bloomberg Industry Group faces substantial competition in the information services and financial data sectors. The principal competitors include:

1. E-xtrategy
  • Overview: A boutique firm specializing in international business, investment, and arbitration.

  • Services: Commercial and operational strategy development, internal capacity building for clients, primarily sovereign and private entities.


2. MandateWire
  • Overview: A service from the Financial Times, MandateWire offers institutional asset management intelligence, sales intelligence, market data, and analysis.

  • History: Established in 2002 and acquired by Financial Times in 2009, it has expanded its global footprint to North America, Asia, and the Middle East.

  • Key Services:

  • Comprehensive data coverage of both public and private sectors.

  • Accurate, timely reports crafted by multi-lingual reporters adhering to the Financial Times standards.

  • Specializes in institutional investment and pension funds.


3. Sapling, Inc.
  • Overview: Pioneers in synchronized clock systems, offering a variety of analog and digital clocks for diverse sectors including education, healthcare, transportation, and government.

  • History: Founded in 1993 and headquartered in Warminster, Pennsylvania.

  • Key Strengths:

  • Customizable clock systems serving various large-scale facilities.

  • Renowned for customer service and technological innovation.

  • Recent Development: Acquired by Kallidus to expand its HR solutions.


4. MarketWatch
  • Overview: A leader in financial news and market data, MarketWatch offers real-time stock market information, analysis, and personal finance advice.

  • Key Affiliations: Includes Dow Jones and The Wall Street Journal.

  • Key Services:

  • Real-time stock market quotes, business news, and financial data.

  • In-depth financial analysis and bold reporting, catering to a broad audience of investors and financial professionals.


5. Sentieo
  • Overview: Now part of AlphaSense, this company provides an AI-powered financial search engine tailored for investors, combining internal and external research data.

  • Key Clients: Serves over 1,100 global clients with a robust financial intelligence platform.

  • Key Offerings:

  • Utilizing AI to streamline financial document searches and market data analysis.

  • Offers insights through an extensive expert transcript library and advanced research management tools.


6. Thomson Reuters
  • Overview: Offers extensive news services and information-based tools for legal, tax, accounting, compliance, and media sectors.

  • Headquarters: Toronto, Ontario

  • Employees: Over 10,001 employees globally.

  • Key Products:

  • Checkpoint Edge

  • Thomson Reuters CLEAR

  • A widespread network of journalists and editors delivering updates on legal, regulatory, and tax developments.

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