Thomson ESG Aligns With GSCS For Settlement, Risk Benchmarks Service

VENDOR STRATEGIES

Thomson Financial Services' Electronic Settlement Group has formed an alliance with GSCS Benchmarks, a London-based provider of measures for post-trade performance in settlement, safekeeping and operational risk. According to John Lee, managing director of GSCS benchmarks, the joint-venture is part of Thomson ESG's efforts to reduce and quantify operational risk through the promotion of electronic settlements standards. By measuring risk in different markets, Thomson will be able to rate pro