Thomson Reuters

PORTIA

Thomson's portfolio accounting application for asset managers is now a strategic part of the Enterprise product suite. We plan to extend the value of PORTIA as follows:

• Move PORTIA to an integrated solution that works with other Enterprise assets. By the end of this year we will offer an integrated DataScope solution to PORTIA customers, eliminating the need for customers to manage bespoke content integration and so reducing the overall project cost and execution risk for our customers.
• Quickly expand the global and functional reach of PORTIA – the global footprint of Thomson Reuters means we can offer professional consulting services to customers in Europe and Asia, allowing customers to get local service and support while leveraging a global, world-class solution.
• PORTIA is available as a hosted service today in a dedicated hosting facility. Over the next year we will be integrating PORTIA into the Reuters Hosting Service (RHS) alongside existing products. This will allow customers to integrate Thomson Reuters content and applications more easily to create a more comprehensive solution.

News

We have brought together the low-latency news delivery capability (TQN from Thomson) and the machine-readable news capability (NewsScope) from Reuters to create the most comprehensive and interoperable set of industry-leading research data and analytical tools.

We plan to enhance content, analytics and interoperability and improve timeliness by leveraging the ultra-low latency TQN distribution platform:

• Comprehensive event based trading data – structured alerts, Thomson Reuters  content sets, Reuters News and third-party news provide the base data for the market
• Integrated content and analytic solution - Reuters NewsScope Archive and NewsScope sentiment data are being incorporated with Reuters DataScope Tick History in the Market QA platform to provide an integrated content and analytic solution for QED trading firms
• Exploit market inefficiencies more effectively - at the back end, capabilities like ClearForest will be used to enhance the metadata across the Thomson Reuters suite of content. This will provide a more robust set of metadata and the ability to consume larger amounts of data more quickly, consistently, and accurately than ever before in order to exploit market inefficiencies and manage event risk.

These new capabilities and content will enable quantitative and event-driven trading customers to develop and back-test event-based investment strategies more effectively -- and seamlessly deploy such strategies in a real-time environment for the generation of alpha and the management of event risk.

Real time datafeeds

We will work with our Thomson real-time, snap and end-of-day datafeed customers to upgrade them to the appropriate Reuters real time datafeed product by the end of 2009, ensuring that they will receive the benefits of our significant investments in these products:

• The right quality of service for each customer – we offer a full range feeds, from conflated consolidated feeds to ultra low latency direct feed solutions.
• Consistent and comprehensive architecture – all feeds are delivered with a RIC symbology, and a consistent API and data model, so that customers can easily migrate their applications to the required level of service as market conditions change – and can easily link to our other related content services.
• Reduced operational costs – all our feeds are delivered as managed services to allow customers to focus on generating value from the use of the service rather than on the support of the feeds.
• Deployed or hosted delivery – all our feeds can be either deployed on a customer site or hosted in our datacenter along with the rest of the Enterprise product suite.

Discover what this means for you.