Waters Rankings 2015: Best Reference Data Provider ─ Thomson Reuters
Thomson Reuters also won for best corporate actions provider
Thomson Reuters serves as an originator, consolidator and redistributor of security and financial instrument data. DataScope for Corporate Actions provides full terms and conditions data, including ratings and descriptive content, for each asset type. It also maintains extensive market-level and issue-level industry standard numbering codes associated with each equity instrument.
Over the past year, the firm made a number of headlines with its DataScope offering. In July it added StarMine credit default models to the DataScope suite of non-real-time data workstations, combining pricing and analytics, ratings and reference data on one platform to help firms better manage their credit risk exposure by more accurately predicting credit events. It also released a new pricing transparency capability for structured notes and hard-to-value over-the-counter derivatives with the launch of Thomson Reuters Pricing Service Plus (TRPS Plus), available to DataScope Select users.
The solution also provides risk metrics such as value-at-risk, credit valuation adjustment and the Greeks in order to provide transparency into the calculation methodologies of pricing these hard-to-value instruments, which trade on opaque and often illiquid markets.
In April, Thomson Reuters added AskTRPS to its pricing service and its DataScope platform in an effort to provide more transparency on evaluated pricing challenges and making the challenge process easier.
"Before, they had to type in the CUSIP and bond information," said Robert Vincini, head of pricing service specialists at Thomson Reuters, in an interview with Waters' sibling publication Inside Reference Data. "That information is now already there, so it's less work for the customer. It's hopefully making it easier for them in the process."
To address regulatory concerns around Solvency II, Thomson Reuters launched a dedicated data service on its DataScope Select offering. The solution provides data needed to comply with disclosure and capital adequacy rules according to Solvency II regulations. With the scale and scope of its DataScope suite, only a fool would bet against Thomson Reuters forcing its way in the winners' circle in 12 months' time.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024: Best portfolio management system provider (highly commended)—FactSet
Product/service: FactSet PM Hub
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions
IMD & IRD Awards 2024 winner’s interview: Tradeweb
Tradeweb won Most innovative market data project in this year’s Inside Market Data & Inside Reference Data Awards.
IMD & IRD Awards 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won Best corporate actions data initiative in this year’s Inside Market Data & Inside Reference Data Awards.