S3 Partners, a leading financial data marketplace and workflow platform that revolutionized the market with its singular short interest data, today announced the addition to the Bloomberg App Portal of S3 Black Map, the latest evolution of S3’s platform that gives users an unprecedented level of visibility into long and short market sentiment and positioning and the potential for drawdowns.
Black Map enables managers to solve for three pressing questions when evaluating individual positions or an entire portfolio:
- What is the market sentiment on a trade idea, position, or portfolio?
- How much of a position or portfolio is exposed to concentration and herd risk?
- How are passive and active investment strategies positioned in the marketplace?
On a daily basis, users can filter by industry, sector and cohort to quickly see which stocks in their portfolio are crowded and how the rest of the market is positioned.
“Black Map is a true breakthrough in how institutional investors can identify and cure crowded trades with the potential for significant drawdowns, which will improve their Sharpe and Sortino ratios, help them identify the market’s dry powder, and analyze market momentum and opportunities,” said Bob Sloan, Managing Partner and CEO of S3 Partners. “Facing lower market volumes, fewer names to trade, and growing assets under management, individual trades can make or break strategies for active managers. Black Map gives them the clearest available view into how a user is positioned versus the market.”
Black Map is available immediately through the Bloomberg App Portal via {APPS BMAP <GO>} on the Bloomberg Terminal.
Applications contributed to the Bloomberg App Portal are evaluated and selected using a variety of parameters, chief among them the ability for the application to add value to Bloomberg’s existing feature set and information resources. The App Portal gives Bloomberg Terminal users access to dozens of third-party software tools for news and social sentiment analysis, technical charting analysis, data visualization, and more.
For more information on Black Map or to schedule a demo, please contact Jeff Messina at jeffrey.messina@s3partners.com. For more information on the Bloomberg App Portal, please contact app_portal@bloomberg.net.
About S3 Partners
S3 Partners is a financial data marketplace that provides market leading data & analytics and workflow solutions. Whether you are long or short equities or credit, S3’s data and analytics products allow market participants to obtain a clear and accurate picture of sentiment, market positioning and structure. S3 Black APP provides the highest quality and most timely data for market Financing Rates (bid/ask/last), Short Interest, Float, and Proprietary Indexes (Squeeze, Crowded, Momentum). S3 Black Map reveals market structure and positioning, allows users to compare their holdings to the market and see what is under bought and under sold and over bought and over sold. S3’s Blackwire OMS allows users to aggregate, evaluate and optimize Loans, Borrows, Swaps, Cash, and Margin, to find liquidity, action rates, and understand the quality of both borrows and loans. S3’s Blackline provides leading documentation review and negotiation services for hedge funds and asset managers. S3 is the market standard source for the financial news media such as Bloomberg, WSJ, CNBC and FT. For more information, visit https://www.s3partners.com/.
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