MathWorks, Bloomberg Showcase MATLAB, Professional Service Integration

5/22/2003 - The MathWorks and Bloomberg L.P. announced that the companies will host a seminar on May 21, 2003 at Bloomberg's facility in New York City to demonstrate the integration between MATLAB® and Bloomberg Professional service. Representatives from both companies will discuss how this integration will enable mutual customers to quickly develop their own customized analytics in MATLAB using industry-standard market data provided by Bloomberg. This combination of tools gives customers an advantage over using C/C++, Excel, and Visual Basic by providing faster programming and data-analysis capabilities and 3-D visual representations that help financial professionals measure risk and better assess market positions.

Combining data, analytics, electronic trading, and straight-through processing tools, Bloomberg Professional service enables users to immediately access and make business decisions based on real-time financial data. Known in the financial world for its interactive, extensible software development environment, MATLAB offers high-performance numerical computation, data- analysis, and visualization capabilities as well as application development and deployment tools. An added advantage for Bloomberg Professional service users is the MATLAB interactive 3-D graphical capabilities for rapid creation of plots, images, surfaces, and volumetric representations with the Bloomberg data.

To register for the seminar, please contact Kim Prescott at (212) 893-3640.

In addition to the event at Bloomberg, The MathWorks will host seminars throughout the year, which will highlight the process of importing and exporting data, including Bloomberg Professional service data, to and from MATLAB. The seminars, entitled, "Using MATLAB to Develop and Deploy Financial Models," will begin on June 10th in Houston, Texas. To learn more about these seminars, please visit

About The MathWorks
The MathWorks is the world's leading developer of technical computing software for engineers and scientists in industry, government, and education. With an extensive product set based on MATLAB and Simulink®, The MathWorks provides software and services to solve challenging problems and accelerate innovation in automotive, aerospace, communications, financial services, biotechnology, electronics, instrumentation, process, and other industries.

The MathWorks was founded in 1984 and employs more than 1,000 people worldwide, with headquarters in Natick, Massachusetts. For additional information, visit

MATLAB, Simulink, Stateflow, Handle Graphics, and Real-Time Workshop are registered trademarks, and TargetBox is a trademark of The MathWorks, Inc.

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