Thomson Reuters has formed three strategic alliances that enhance pricing and reference data available to fund managers, fund administrators and asset managers. Clients of FundCount, Quantifi and SAGE will now have access to expanded data coverage through Thomson Reuters DataScope Select, the strategic data delivery platform for non-streaming, cross-asset, global content.
Increased financial industry competition and market volatility have stressed the need to be able to accurately price instruments, evaluate portfolios, and estimate collateral for both buy-side and sell-side firms. Financial institutions are now facing greater pressure to maintain a more accurate and timely understanding of risk and exposure across their business while moving from an end-of-day focus towards an intra-day operating model.
Users of FC Portfolio, Fund Counts solution for accounting, reporting, tax and client relationship management will now have access to over 2.5 million over-the-counter (OTC) fixed-income and derivative instruments, through DataScope Select, including structured / securitized products, corporate and government securities, U.S. municipals, convertible bonds, loans, and derivative products.
DataScope Select will provide customers of Quantifi Risk, Quantifis trading and risk management system for OTC products, with a broader universe of intra-day and end-of-day reference data, market and evaluated pricing for an increasingly holistic view into the associated risks of their investment activity and better ability to mitigate against portfolio risk.
Wealth management, asset management, fund administration, trading, family office and portfolio optimization clients of financial technology company SAGE will be able to access Thomson Reuters pricing and reference data to improve risk management and standardize the management of clients multi-deposit assets.
(JDC)