The DataScope Workflow License (DWL) will provide a series of technical indicators to optimize investment firms' order management systems.
Offered through the firm's DataScope Select reference data service, the DWL is set to be phased-in first for equities, options, and futures, with a second introduction planned for fixed income instruments in the future.
The technical indicators provided with the new license, known otherwise simply as 'technicals', can be used for short-term price forecasting and pattern recognition, and integrated within firms' order management to fine-tune workflow. They are distinct from fundamental macroeconomic and factor models, which influence long-term risk and portfolio management strategies.
"DWL is in response to customer requests to evermore deeply and seamlessly embed Thomson Reuters rich pricing and reference data more widely into their workflow. While OMS is the first functional area of the workflow for us to tackle, we plan to systematically address other key areas of the workflow as part of the DWL offering," says Debra Walton, the firm's managing director of enterprise content.
More from Buy Side Technology
Updating your subscription status
Work with us on your Integrated Marketing Campaigns
WatersTechnology offers a full range of custom research, surveys, webcasts, video and whitepapers for firms looking to demonstrate thought-leadership through their marketing campaigns and generate sales leads.
03 Nov 2014
18 Nov 2014
02 Dec 2014
03 Nov 2014
17 Nov 2014
The over-the-counter (OTC) derivatives market is in the midst of a global regulatory restructure. Authorities in Europe, Asia and the US are currently...
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....