Best News Provider: Reuters
IMD/IRD Awards 2016
Reuters has more than 2,600 journalists in nearly 200 locations, and their services have evolved to meet changing requirements from users. Jonathan Leff, global head, finance and risk commercial news strategy, Reuters, says: “With the growth of algorithmic trading and a shift among financial news consumers towards the buy side, we’ve redoubled efforts to be reliably fast on the news and data that is market-critical for our users, increasingly with the support of automation and technology, while focusing our journalists on producing the original, relevant, in-depth news stories that inform investment decisions.”
In recent years, Reuters has expanded its scale and scope of coverage, with products such as FX Buzz and Stocks Buzz providing summaries of the day’s hottest foreign exchange and stock initiatives. The vendor has also increased the number of European and Asian companies regularly covered by its news service, and in the last year it has expanded coverage of intra-day equity trading via Stocks Buzz. “The fact that we have the world’s largest independent multimedia news agency gives us unrivaled global reach, meaning that we are frequently first on the story whenever geopolitical risk rears its head or natural disasters move markets—and of course speed is in our DNA,” says Leff.
The exclusives, commentary and analysis provided by Reuters have become fundamental to decision-making, underlining the important role the company plays in financial markets—and will continue to play going forward.
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