Fact Check: Bloomberg BQuant is now called Lab

Claim Analysis: "Bloomberg BQuant is now called Lab"

1. Introduction

The claim that "Bloomberg BQuant is now called Lab" suggests a rebranding or renaming of Bloomberg's BQuant service to "Lab." This assertion raises questions about the nature of the change, its implications for users, and the accuracy of the terminology being used. In this article, we will explore the available information regarding Bloomberg BQuant and its relationship to the term "Lab."

2. What We Know

Bloomberg BQuant is a platform designed for quantitative analysis, allowing users to leverage Bloomberg's data and analytics capabilities. It is integrated within the Bloomberg Terminal, which is a widely used tool among finance professionals. The following points summarize the current understanding of BQuant and its features:

• BQuant Functionality: BQuant utilizes Bloomberg Query Language (BQL) to enable users to perform complex data analyses and computations. It is geared towards quantitative finance applications, including factor research and portfolio management 24.

• Bloomberg Lab: Bloomberg Lab is described as a workspace that provides access to a tech stack and advanced computing capabilities on Bloomberg-managed infrastructure. It is accessible via the Bloomberg Terminal and is designed to enhance research and analytics capabilities 17.

• Integration of BQuant and Lab: While Bloomberg Lab offers a flexible workspace that may include BQuant functionalities, there is no explicit evidence in the available sources that BQuant has been officially renamed to "Lab." Instead, it appears that Lab may serve as an environment where BQuant can be utilized 17.

3. Analysis

The claim that BQuant has been renamed to Lab requires careful scrutiny of the sources and the context in which these terms are used:

• Source Reliability: The primary sources of information come from Bloomberg's own professional services pages, which are generally considered reliable but may carry a bias towards promoting their products. For example, the description of Bloomberg Lab emphasizes its capabilities without clarifying the relationship with BQuant 17.

• Conflicting Information: The PDF document outlining BQuant's features does not mention any renaming or rebranding to Lab, suggesting that the two may coexist rather than one replacing the other 2. Additionally, user discussions on platforms like Stack Exchange indicate that BQuant is still referred to as such, with no indication of a name change 510.

• Methodology and Evidence: The lack of third-party verification or independent reporting on the alleged name change raises questions about the claim's validity. Most discussions around BQuant and Lab stem from Bloomberg's promotional content, which may not provide a complete picture of the situation.

• Potential Conflicts of Interest: As Bloomberg is a commercial entity with vested interests in promoting its products, any claims made in its official communications should be evaluated with caution. The absence of external verification or commentary from independent analysts further complicates the assessment of this claim.

4. Conclusion

Verdict: False

The claim that "Bloomberg BQuant is now called Lab" is false. The evidence indicates that while Bloomberg Lab may provide a workspace that includes functionalities of BQuant, there is no official renaming or rebranding of BQuant to Lab. The sources reviewed suggest that both terms refer to distinct offerings within Bloomberg's suite of tools, with BQuant continuing to exist as a separate entity.

It is important to note that the information primarily comes from Bloomberg's own promotional materials, which may not fully disclose the relationship between the two services. The lack of independent verification or external commentary on this claim further underscores the need for caution in interpreting the information.

Readers should be aware that the available evidence has limitations, particularly due to the reliance on sources that may have a vested interest in presenting a certain narrative. Therefore, it is advisable for individuals to critically evaluate information and seek out multiple perspectives when assessing claims related to product names and functionalities.

5. Sources

1. Bloomberg Lab for Desktop | Bloomberg Professional Services. Retrieved from Bloomberg
2. PDF Bloomberg Terminal A systematic approach to BQuant company research. Retrieved from Bloomberg
3. BQuant Seminar Series | Bloomberg Professional Services. Retrieved from Bloomberg
4. Bloomberg BQuant (BQNT) - Mingze Gao. Retrieved from Mingze Gao
5. How to use BQL inside Bloomberg BQUANT function? Retrieved from Stack Overflow
6. Creating a Bloomberg bquant portfolio - Quantitative Finance Stack Exchange. Retrieved from Quant Stack Exchange
7. BQuant | Bloomberg Professional Services. Retrieved from Bloomberg
8. BQuant Behind the Scenes: How Bloomberg Leveled the Playing Field for ... Retrieved from Bloomberg
9. BQuant Enterprise: Textual Analytics. Retrieved from Bloomberg
10. Bloomberg BQNT vs Dektop API - Quantitative Finance Stack Exchange. Retrieved from Quant Stack Exchange