Software development
Financial services
Modernizing Bloomberg’s Trusted Financial Products
About the company
Bloomberg empowers business leaders through smart financial news and insights. This prestigious Manhattan-based financial, software, data and media company is known for its unparalleled global reporting and analysis of the business world. Founded in 1981, today it employs almost 20,000 people and earns $10 billion in revenue annually.
The challenge
The $10B financial titan Bloomberg needed to modernize its flagship platform called Advantage to keep up with new growth and data demands.
Advantage – which includes a set of 10 SaaS apps under one roof – is specifically designed to meet complex tax, accounting and financial needs. For this reason, Bloomberg was seeking specialized nearshore talent to amplify its greater dev team.
The mission of this hybrid team was to:
- Boost value for its fintech app to maintain client trust in Bloomberg
- Migrate apps to the cloud to centralize and enrich data solutions
- Elevate user experience for painless client use
- Identify opportunities to incorporate next-gen technologies (such as AI)
- Transform team processes with efficient agile best practices
- Test new features and platforms to meet multi-phase timelines
- Guarantee industry-best financial security
Overall, Bloomberg was keen to capture senior developers who could thrive on its hybrid team and handle the complexities of a large-scale modernization project.
About Advantage
The new Advantage platform aims to streamline tax management with an integrated set of workflow and software applications. It’s specially designed to meet the financial demands of corporations, as well as firms of all sizes. With it, businesses can centralize data, set up process automation and create built-in audit trails. As a result, it’s easy to optimize resources, reduce tax risk and free up staff for higher-value work.
Project owner
Our Solution
Bloomberg was struggling to find seasoned senior developers to successfully ramp up its modernization project. At Uruit by Nearsure, we assembled a five-star group of senior talent who checked all of Bloomberg’s boxes:
- Expertise in new technologies (React and .NET)
- Experience working on a large, complex codebase
- Agile mindset to seamlessly integrate into team of 50+ pros
- Alignment with white-glove business clients, including Fortune 500s
- Ability to rapidly scale up efforts
Alongside its on-site team in Arlington, our experts worked together to modernize and develop Bloomberg’s suite of 10 SaaS applications.
Our process
To get started, our team took on a training project to get familiar with Bloomberg’s technical framework and work dynamic. We built a new app to gain company-specific experience and refine our integrated Scrum processes.
Next, we dived into modernizing and developing 10 different SaaS apps, collaborating on key areas such as cloud migration, UX, testing, code security and more.
Our team
We brought together a skilled senior team with robust hybrid teaming experience and business sense. Every professional was ready to hit the ground running with this multi-app modernization project.
Our focus areas
- Strategy
- UX design
- Development
- Cloud migration
- Security
- Testing
Tech stack
- .NET
- React
- C#
- Python
- + Extensive infrastructure
Our winning results
Our leading professionals at Uruit by Nearsure were proven to be the perfect fit for Bloomberg. Through our combined efforts, our senior team added value to Bloomberg’s 10+ SaaS app portfolio by elevating cloud migration, UX, agile teaming, code security, testing, strategy and more.
As a result of these successful outcomes, Bloomberg was eager for our teams to take on more responsibilities. We not only added more developers to our team, but were entrusted with building other core financial products.
Ultimately, Bloomberg’s confidence in our work demonstrates our core commitment to building deep partnerships that drive results in the long term.
Our key contributions
- Seamlessly migrated solutions to the cloud
- Improved user experience for diverse client profiles
- Led Bloomberg’s agile teaming transformation
- Ensured security met fintech standards (using Onion and CQRS)
- Tested a new platform (focused on OpenAPI integrations)
- Strategized a long-term roadmap based on evolving needs
