February 5, 2013
Thomson Reuters Launches DataScope Workflow License for Order Management Systems
NEW YORK/LONDON – Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of the DataScope Workflow License (DWL). The DataScope Workflow License combines a series of technical indicators with pricing and reference data, enabling the investment community to streamline and integrate their data management and performance strategies.
Phase one of the DWL enables clients to access a wider and deeper set of value added content, including a range of technical indicators to specifically support the operation of their Order Management Systems (OMS) for equities, futures and options. Phase two will extend the capability to include a comprehensive range of fixed income assets.
“DWL is in response to customer requests to evermore deeply and seamlessly embed Thomson Reuters rich pricing and reference data more widely into their workflow; while OMS is the first functional area of the workflow for us to tackle, we plan to systematically address other key areas of the workflow as part of the DWL offering,” said Debra Walton, managing director, Enterprise Content at Thomson Reuters. “Clients can license DWL directly from Thomson Reuters or through our approved third-party distributors.
DWL is delivered via DataScope Select (DSS) and provides full DSS functionality of universe and data field definition, as well as scheduling via the DSS Web Interface, FTP or API. Flexibility is another vital function of the product offering, with the data delivery solution designed to seamlessly fit into a clients’ workflow, with a quick and easy integration process.
“We recognize the challenges faced by the trading & investment communities,” said Kate Toumazi, global head of front office, Enterprise Content at Thomson Reuters. “We understand that people are seeking cost effective pricing, reference as well as technical indicator data to power specific front and middle office workflows, and our new license is positioned to meet these needs.”
The launch of the DataScope Workflow License supports Thomson Reuters vision to connect and enable the global financial community. It represents a significant step forward in addressing the workflow needs of both the trading and investment communities.
Technical indicators, which are an integral part of the DWL, capture information relevant for forecasting prices in securities markets separate to those provided by macroeconomic and factor models, which can be utilized to influence risk and portfolio management strategies.
These indicators provide data on 300,000 equities, 880,000 options, 865,000 options on futures and 250,000 futures, while enhancing a firm’s ability to track, measure and predict patterns in the equities, futures and options markets. Along with related financial information, they provide clients with all the content necessary for security master management, asset setup, enterprise data management and compliance & exposure reporting. These measures help to reduce manual intervention, information management costs and operational costs, while improving operational efficiency at the same time.
To ensure our clients can access related data sets in the most seamless and flexible way, and with the lowest IT footprint possible, Enterprise Content will partner with established re-distributors and market players. All interested 3rd parties should email prd.community@thomsonreuters.com for more information.
Thomson Reuters Enterprise Content is responsible for the management & distribution of non-streaming content within the Financial & Risk division of Thomson Reuters. It is one of the financial markets leading providers of end of & intra-day content including; evaluated pricing, legal entity, analytics, indices & other referential data sets across the broadest range of asset classes and entity types. This valued content enables our clients to better support their risk mitigation, portfolio management, fund administration and compliance workflows and systems. Enterprise Content serves the front, middle and back office and is delivered via Thomson Reuters DataScope; a robust & scalable delivery platform used by over 2300 clients worldwide on a daily basis.
Thomson Reuters
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 thomsonreuters.com.