For its famous intractability, the Bloomberg Terminal has long inspired devotion, bordering on obsession. Among traders, the ability to chart a path through the software’s dizzying scrolls of numbers and text to isolate far-flung information is the mark of a seasoned professional.
But as a greater mass of data is fed into the Terminal—not only earnings and asset prices, but weather forecasts, shipping logs, factory locations, consumer spending patterns, private loans, and so on—valuable information is being lost. “It has become more and more untenable,” says Shawn Edwards, chief technology officer at Bloomberg. “You miss things, or it takes too long.”
To try
→ Continue reading at WIRED
