April 9, 2015
Thomson Reuters Wins Prestigious Structured Products Technology Rankings Award for 2015
New York - Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that its Price-it suite of products, part of Thomson Reuters Pricing Service (TRPS), has been named Best Pricing and Analytics Provider for Commodities and Best Risk Management Provider for Credit Value Adjustment (CVA)/Debt Value Adjustment (DVA)/Fund Value Adjustment (FVA) in the 2015 Structured Products Technology Rankings.
The Structured Products Technology Rankings are a widely-respected industry award program, based on a polling of qualified readers of Structured Products Magazine, a cutting-edge financial publication dedicated to the wholesale market for derivatives-based investment products. This is the 6th consecutive year that the solution has been highlighted in the Pricing & Analytics category. It is the first year that the company has won the Best Risk Management Provider for CVA/DVA/FVA Calculation award.
“Once again, we are honored to be recognized as the leading provider of Pricing and Analytics and of Risk Management by Structured Products Magazine,” said Marion Leslie, managing director of Pricing & Reference Services at Thomson Reuters. “Thomson Reuters continues to focus on transparency and enhancements required to meet regulatory requirements. Financial institutions are under pressure to provide independent valuations and stress testing reports when issuing new structured products. Our service helps banks to effectively deliver bespoke valuations, reporting and value-at-risk (VaR) and CVA/DVA risk measurements to efficiently meet these regulatory requirements.”
The Price-it suite of products, an industry-leading OTC derivatives and structured product valuation service, helps customers manage risk and regulatory challenges specific to structured products and offers additional transparency into the evaluated price, methodology and market data associated with the price. Additionally, comprehensive risk measurement capabilities such as CVA, DVA/FVA and VaR enable clients to further address risk management challenges.
Price-it suite of products is part of Thomson Reuters Pricing Service (TRPS). TRPS is a global solution that covers over 2.5 million fixed income securities, derivatives and loans, priced daily, including: collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), credit default swaps (CDS), Corporates, US Municipals, and more. Prices are delivered throughout the day or at market closing times around the world depending on the asset class, with supporting commentary to provide insight on the day's events.
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. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com.