July 23, 2013
Thomson Reuters Celebrates First Anniversary of its Most Successful Investment Banking Product Launch in Over a Decade
NEW YORK - Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its suite of integrated analytical tools for investment bankers has achieved outstanding success since launching in April 2012. Over 250 firms globally are now using the product with over 1,600 users benefitting from its intuitive tools. Designed specifically to provide investment bankers with a more productive and efficient approach to deal making, Thomson Reuters Advanced Analytics for Deal Making is accessible via a single Thomson Reuters tab within Microsoft® Office and provides access to Thomson Reuters world class content sets including its industry renowned Deals and Investment Banking League tables.
Thomson Reuters Advanced Analytics has now been further strengthened with information on 220,000 syndicated loan deals and over 120 Estimates Key Performance Indicators (KPIs) across a range of industries including Banking and Investment Services, Energy, Insurance, Real Estate, Hotels and Casinos, Airlines, Pharma and Healthcare, Retail and Technology.
“As the global investment banking industry continues to adjust to a low-yield environment, we are seeing greater competition for deals fees and an increased need for efficiency among investment bankers,” said Ellen Pinschmidt, managing director of Banking & Research at Thomson Reuters. “Advanced Analytics reduces time spent gathering data, allowing more time for analysis. Furthermore, it helps bankers increase efficiency in their analysis and pitch book creation, thereby enhancing their chances of securing more deals.”
Advanced Analytics is an intuitive and robust set of tools which enable junior bankers to perform key tasks like screening, building league tables, comparable analysis and creating pitch books, all without leaving the Microsoft® Office suite. Advanced Analytics also provides users with easy linking capabilities – enabling them to seamlessly drop charts and analysis from Excel® into PowerPoint® so they can efficiently update their pitch books. For further information about Thomson Reuters Advanced Analytics for Deal Making, go to http://thomsonreuters.com/advanced-analytics-deal-making/.
“The top Investment Banks in the world, by deals fees, use Thomson Reuters content and products in their deal making and advisory operations,” added Pinschmidt. “Now we’re providing the tools that bankers need in Microsoft® Office to analyze opportunities and advise their clients more efficiently and comprehensively.”
Thomson Reuters is a global market leader in providing banking and advisory services to the investment banking deal making community. We provide world class deals and research content that underpins our desktop, mobile and analytical solutions, providing our customers with the global resources to support their evolving needs.Thomson Reuters Banking & Research’s full suite of products combines real-time market news and quotes, financial data, deals activity and insight, private company information ownership data; and Thomson Reuters Pitchboard an innovative mobile solution enabling seamless delivery and return of pitch book iterations and edits between desktops and the iPad.
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to http://thomsonreuters.com.
Microsoft Office, Excel and PowerPoint are registered trademarks of Microsoft Corporation in the United States.