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Guidewire@Bloomberg

Bloomberg Modernizes Core Processing with Guidewire

Bloomberg, a financials organization in the United States, uses InsuranceSuite from Guidewire to support banking operations for operations and product.

Value results

CategoryValue result
CapabilityNamed workflow replaces ad hoc routing for core processing
CapabilityBanking operations stays visible to adjacent teams through InsuranceSuite
CapabilityOperations and product work from the same InsuranceSuite record for core processing

Story

Bloomberg grew core processing faster than the local tools around it. From the United States, financials teams still had to serve customers and internal partners who expected a straight answer. Operations and product were the ones stitching the picture together by hand.

Rolling out InsuranceSuite put banking operations on Guidewire. Guidewire makes core insurance software for policy, billing, and claims used by property and casualty carriers. Bloomberg keeps the product in the path where work already happens, so operations and product do not context-switch into a graveyard system used only for audits.

The visible result is steadier banking operations. Core processing is easier to inspect, and adjacent groups can join operations and product without a guided tour of someone's desktop.

Relationship map

Bloomberg uses Guidewire, GitLab, Anaplan, Netskope, Freshworks, Temenos, VMware, SS&C, Okta, AWS, PayPal. Shared with ABN AMRO, Adyen, Afterpay, Airwallex, Allstate. Industry: Financials. Value: Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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