Statement of Work for Bloomberg Finance LP

Statement of Work (SOW)

PROJECT TITLE: Bloomberg Finance LP for Research & Information Services and Chief Economist, Country Risk & Economic Analysis.

BACKGROUND:

The mission of the Export-Import Bank of the US (EXIM) Research & Information Services (RIS) unit is to support the work of EXIM officials and employees who serve U.S. exporters and other clientele by providing high-quality and useable information delivered in a timely fashion.

Currently, Bloomberg Finance LP provides Bloomberg access in two ways: 1) two (2) terminals; and
2) two (2) online portal, Bloomberg Anywhere.

Research & Information Services requires ongoing access to the Bloomberg terminal to respond to data and information requests from Bank staff. Bank staff also require ongoing access to the terminal for their own research. Our Chief Economist requires ongoing access to Bloomberg Anywhere for economic analysis and risk quantification. Bloomberg supplies data, news, analytical, and visualization tools that are not available elsewhere or in any equivalent combination from other vendors. The information includes aggregated rating lists from the credit rating agencies, Bloomberg-authored analysis and business intelligence, and aggregated data on currencies, commodities, bonds, prices, macroeconomics, and money market rates. Bloomberg is used extensively by all sectors of the Bank, including but not limited to the CFO’s Office, Asset Management, Project Finance, Policy Analysis, Credit Underwriting, Country Risk & Economic Analysis, Export Finance, and Small Business.

Information and data provided by Bloomberg is fully integrated into EXIM’s work processes. Bloomberg provides crucial data and analysis without which EXIM would not be able to make critical financial decisions in its dealings with sovereigns, banks, and companies. EXIM has had a Bloomberg terminal (or terminals) for two decades and staff are trained in its use and applications.

SCOPE:

EXIM Bank requires a system capable of providing crucial financial data, analysis, visualization tools, news, and economic research reports covering countries, commodities, currencies, banks, corporates, and industries. We require the information provided be consistent, up to date, aggregated from the original source with little turn-around time, and downloadable. The scope includes but is not limited to:

•Ratings (in an at-a-glance succinct visual display)
•Bond data and information for companies and sovereigns, including prices, rates, spreads, and issuance documentation used by EXIM Bank loan officers for risk monitoring