It wouldn't be the first time product was rushed out the door accompanied by inflated claims to capability or reliability. I bet they made a chunk of money off of it though.
Bloomberg? You betcha. Data merchants. Some of their clients...
Bank of America, citi group, goldman Sachs, Morgan Stanley, JP Morgan, Wells Fargo, hsbc, Barclays, loyd’s, standard charter, bnp paribas, Td bank, and hedge funds/mutual funds/asset management/brokers firms like bridge water, 72point management, Td ameritrade, wisdomtree, black rock, black stone, kkr. Also some corporations, such as ge (mainly ge capital devision) apple ( mainly its Braeburn capital fund) kpmg, Bain co. Also some universities, Harvard, NYU, Fordham, UCLA, ect... Bloomberg has a diversified client list for its terminal services, and while almost all terminals are financial services firms since its main function is information on company’s, some firms like Exxonmobil use functions that track production capacities around the world, oil prices on all oil types, etc...