Banks and broker-dealers operate in increasingly complex regulatory and operational environments. As settlement timelines shrink and reporting obligations expand, firms need greater automation, transparency and control across the trade lifecycle.
Bloomberg's Middle Office solutions provide a connected post-trade operating environment that brings together trade matching, exception management, reconciliation and regulatory workflows. By applying agentic AI, we help firms move beyond passive monitoring, enabling teams to prioritize and resolve issues faster while maintaining governance and oversight.
Gain real-time operational visibility
Connect trading, operations and regulatory workflows to gain a clearer view of post-trade activity from execution through settlement.
Automate post-trade workflows
Automate trade matching, allocations, exception handling and regulatory reporting workflows to improve operational efficiency.
Resolve exceptions
Identify issues sooner, monitor workflow status and use AI-powered resolution suggestions to improve oversight across the trade lifecycle.
Adapt to evolving market requirements
Configure workflows to support firm-specific processes while keeping pace with changing settlement cycles and regulatory obligations.
Gain greater control across the post-trade lifecycle
Bring front-office context to middle office workflows
Bloomberg blotter functions, TBLT (Trading Blotter) and SBLT (Sales Ticket Blotter) give middle office teams the front-office context behind trades and client activity that drive downstream allocation and settlement workflows.
Investigate and resolve exceptions faster
Connect operational review with trading and sales blotters to identify exceptions earlier, understand their source and coordinate resolution across teams before they impact settlement readiness.
Together with TOMS Sell-Side Middle Office (SSMO), TBLT and SBLT provide the context and visibility needed to reduce manual follow-ups, clarify ownership and resolve trade and allocation issues more efficiently. Workflow-specific views, filters and drilldowns help teams investigate CTM and FIX exceptions, update values and resubmit allocations when needed.
Drive greater efficiency across trade matching and allocations
Bloomberg's Sell Side Middle Office capabilities, including TOMS Sell Side Middle Office (SSMO), provide a real-time operational layer for firm blocks, alleged blocks and allocations. Teams can monitor trade status and manage allocation workflows across CTM, FIX, Bloomberg workflows including VCON, ALEX and Bloomberg Venue Allocations, and third-party providers from a consistent operational view.
Automate allocation workflows
Configure automation across CTM and FIX workflows to reduce manual intervention, including eligible send, confirm, accept, booking, allocation, cancellation and correction processes, while retaining control over exceptions and workflows that require review. Flexible settings support firm-specific operating models, including multiple CTM BICs and counterparty-specific requirements.
Improve settlement readiness
Gain greater transparency from trade capture through matching, allocation booking, settlement preparation and regulatory reporting. Operations, compliance and desk supervisors can quickly understand what happened, what requires action and what is ready for downstream processing.
Streamline regulatory reporting across jurisdictions
TOMS integrates regulatory reporting into the trade workflow, supporting requirements across multiple jurisdictions:
US: Trade reporting to FINRA TRACE and the MSRB
Europe: MiFIR/MiFID II transparency and transaction reporting through Bloomberg’s Reporting Hub and ARM
Switzerland: Trade reporting to the SIX/SWX Reporting Office
Canada: Debt transaction reporting through CIRO’s MTRS 2.0 framework
TOMS captures required trade and counterparty data, enriches transactions with Bloomberg reference data and routes eligible reports to the relevant authority or reporting service. Centralized monitoring helps teams manage acknowledgements, rejects, exceptions and corrections while maintaining regulatory alerts and audit trails.
Bring front-office context to middle office workflows
Bloomberg blotter functions, TBLT (Trading Blotter) and SBLT (Sales Ticket Blotter) give middle office teams the front-office context behind trades and client activity that drive downstream allocation and settlement workflows.
Investigate and resolve exceptions faster
Connect operational review with trading and sales blotters to identify exceptions earlier, understand their source and coordinate resolution across teams before they impact settlement readiness.
Together with TOMS Sell-Side Middle Office (SSMO), TBLT and SBLT provide the context and visibility needed to reduce manual follow-ups, clarify ownership and resolve trade and allocation issues more efficiently. Workflow-specific views, filters and drilldowns help teams investigate CTM and FIX exceptions, update values and resubmit allocations when needed.
Drive greater efficiency across trade matching and allocations
Bloomberg's Sell Side Middle Office capabilities, including TOMS Sell Side Middle Office (SSMO), provide a real-time operational layer for firm blocks, alleged blocks and allocations. Teams can monitor trade status and manage allocation workflows across CTM, FIX, Bloomberg workflows including VCON, ALEX and Bloomberg Venue Allocations, and third-party providers from a consistent operational view.
Automate allocation workflows
Configure automation across CTM and FIX workflows to reduce manual intervention, including eligible send, confirm, accept, booking, allocation, cancellation and correction processes, while retaining control over exceptions and workflows that require review. Flexible settings support firm-specific operating models, including multiple CTM BICs and counterparty-specific requirements.
Improve settlement readiness
Gain greater transparency from trade capture through matching, allocation booking, settlement preparation and regulatory reporting. Operations, compliance and desk supervisors can quickly understand what happened, what requires action and what is ready for downstream processing.
Streamline regulatory reporting across jurisdictions
TOMS integrates regulatory reporting into the trade workflow, supporting requirements across multiple jurisdictions:
US: Trade reporting to FINRA TRACE and the MSRB
Europe: MiFIR/MiFID II transparency and transaction reporting through Bloomberg’s Reporting Hub and ARM
Switzerland: Trade reporting to the SIX/SWX Reporting Office
Canada: Debt transaction reporting through CIRO’s MTRS 2.0 framework
TOMS captures required trade and counterparty data, enriches transactions with Bloomberg reference data and routes eligible reports to the relevant authority or reporting service. Centralized monitoring helps teams manage acknowledgements, rejects, exceptions and corrections while maintaining regulatory alerts and audit trails.
Research & Insights
Contact us to streamline your middle office operations
Book a demo or connect with a Bloomberg middle office specialist to explore how we can support your trade processing, allocations, exception management and regulatory reporting workflows.