Data vendors are continuously building out reference data services to meet increasingly complex client requirements driven by the focus on risk and regulation, and Thomson Reuters shot a hole in one this year following further product enhancements.
The vendor was voted Best Reference Data Provider for its extensive pricing and reference data services, which date back to 1851 when Paul Julius Reuter first started transmitting stock-market quotations.
Today, Thomson Reuters services 2,800 separate entities with daily pricing and referential content. The vendor supplies reference data through DataScope Select, which provides users with access to data sets covering every asset class, including end-of-day pricing from more than 180 exchanges, spot rates on 175 currencies and corporate actions on more than 50,000 companies globally. In addition, Thomson Reuters Pricing Service (TRPS) gives investors access to independent, transparent evaluated prices for more than 2.6 million fixed-income securities, derivatives and bank loans, evaluations of which are delivered at multiple times a day.
Marion Leslie, global managing director, Thomson Reuters regulatory, pricing and reference services, says: “We have made substantive enhancements in our pricing and reference services portfolio with the delivery of Ask TRPS, new structured product pricing, peer-to-peer loans and shareholding disclosure content, in addition to a significant expansion of our referential database and related fields.”
One example of how Thomson Reuters has focused on staying ahead of regulatory developments is the release of Thomson Reuters Shareholding Disclosures Data. The vendor helps investors monitor and report any breach in a threshold of ownership of the share capital or voting rights of a given issuer. With ongoing enhancements to a trusted reference data service, Thomson Reuters continues to charge ahead.
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails