HSBC, Reuters Sign Enterprise Deal

A global enterprise deal announced last week by HSBC and Reuters will result in a "material increase" in the relationship between the two and contribute to higher revenues for the vendor, officials say.

The new enterprise agreement will allow HSBC to use and re-purpose Reuters' data across its front, middle and back offices, according to a Reuters spokesperson.

The two companies are also engaging "from a product point of view," says Jon Robson, president of Reuters America and Focus Group Acc