Thomson Financial is looking to sell Thomson One to UK hedge funds. Thomson Financial says it already counts over 100 hedge funds clients in the UK alone, including the recently launched Cologico Capital.
“We chose Thomson Financial as a strategic partner to help support our investment process,” says Mehdee Reza, Managing Director, Cologico Capital. “Thomson Financial is the recognized market leader in providing accurate data and tailored applications and we were very impressed with Thomson Financial’s understanding of our business requirements and their ability to customise solutions. The services we have commissioned from Thomson Financial will improve our efficiency and enhance our investment process”.
The hedge fund offering in Europe will provide a combination of Thomson Financial’s market leading products and content sets, such as I/B/E/S, First Call, AutEx and Worldscope drawn from across the Thomson ONE application suite and Thomson Datastream, which itself is being integrated into Thomson ONE. This can be integrated with portfolio management tools from Thomson PORTIA.
Thomson says the service can be tailored to meet the specific needs of hedge funds including scalable, modular pricing to reflect the evolution of each hedge fund; flexible options for the delivery of Thomson Financial content and applications; integrated front to back office solution encompassing the hedge fund workflow including research and analytical tools, trading connectivity, post-trade to pre-trade settlement solutions, portfolio accounting and portfolio analysis; and up to 50 years of historical content across all key asset classes to allow hedge funds to validate their investment strategy through back-testing.
The sales team will be led by Mark Jackson, Sales Manager reporting to Richard Garnier, Managing Director, European Sales and Account Management.
“We understand how crucial it is for hedge funds to evidence the systems that underlie their investment process, as part of the due diligence procedure needed to attract institutional clients. Thomson Financial’s applications are recognized throughout the industry and are a key component in this process. The institutions already know and rely on our market leading applications and take real comfort in these standards being maintained throughout the whole investment process,” concludes David Bilbe, Commercial Director – Europe, Thomson Financial.
Thomson ONE is an open application that allows users to integrate content and tools from Thomson Financial, third parties and proprietary systems. It allows content and tools to be tailored to the needs of the user.