Russia will create a domestic analogue of Bloomberg and Refinitiv terminals


Russia will develop a domestic analogue of Bloomberg and Refinitiv terminals, which stopped working in the country. Mirida has already launched in pilot mode, it will become available to users next year.

Russia will create a domestic analogue of Bloomberg and Refinitiv terminals

Mirida is an abbreviated name for the World of Investment Data, a platform that will become a domestic replacement for Bloomberg and Refinitiv terminals, which stopped working in Russia after the start of a special operation in Ukraine.

The Bloomberg terminal allowed clients to follow the financial market in real time and conduct transactions on a digital platform. Mirida will open access to various financial indicators of investment objects, companies and organizations.

At the first stage of Mirida’s launch, it will broadcast over 300 indicators from 3,000 companies. Then its functionality will be replenished with a section of macroeconomics. At the moment, Mirida is operating in pilot mode.

Mirido develops NVI Solutions, reported in Gazprom-bank, which is a partner of the project. A full-fledged launch of the system is planned for August 2023, they specified there.

Bloomberg turned on access to terminals for Russian clients in April, Refinitiv stopped working in Russia in March.

Cover photo: dc975 / Depositphotos

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Source: RB.RU by rb.ru.

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