SPReD Utility Adds Thomson Reuters Data

SmartStream, Thomson Reuters reach agreement on providing and accessing data through utililty

Debra Walton, chief content and product officer, Thomson Reuters

Thomson Reuters has reached an agreement with SmartStream to provide reference data to the Securities Product Reference Data (SPReD) utility based on SmartStream's Reference Data Utility (RDU), according to officials of both providers.

SmartStream will gain access to Thomson Reuters PermID service, which creates unique reference identifiers for data items.

"Working with our global clients and other providers to deliver solutions designed to simplify and enable them to conduct global business is at the core of our mission," says Debra Walton, chief content and product officer at Thomson Reuters. "The opportunity to collaborate with SmartStream to deliver our reference data services through this new utility is consistent with our commitment to data quality and delivering our content into whatever data governance, software infrastructure or operational model our clients select."

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