Reuters has launched its DataScope Select in the Asia Pacific region, making it the first time customers in the region will have a cross-asset view of Reuters Pricing & Reference Data on an intraday, real-time or delayed, and/or end of day basis via a single data source, to power applications and data needs across the enterprise.
Regulations such as Basel II and Sarbanes-Oxley, and the need for fund transparency, are driving the requirement for centralised, automated reference/pricing data management services that reduce operational risk, streamline costs and facilitate front-to-back office data integration.
There is significant pre- and post-trade demand from middle and back office clients across custodians, plan sponsors, fund managers and hedge funds in the Asia-Pacific region for a solution that puts clients in greater control,” said Steve Smith, product business owner for Reuters Pricing & Reference Data Asia-Pacific.”Using Reuters DataScope Select, clients can reach across business silos and build a tailored, comprehensive cross-asset data solution to meet their customised needs.