March 10, 2016
NAB Asset Servicing Appoints Thomson Reuters in Australia as Preferred Market Data Provider to Improve Depth, Breadth and Speed of Coverage
Sydney – Thomson Reuters today announced its appointment by NAB Asset Servicing, the largest custodian in the Australian market, to be its new preferred data partner, delivering market data, exchange-traded pricing and reference services through Thomson Reuters DataScope Select and Eikon financial analysis desktop.
“We appointed Thomson Reuters not only because they offer excellent breadth, depth and quality of content in the market, but they are committed to working with us as partners and bringing the very best experience to our customers”, said David Knights, Acting Executive General Manager of NAB Asset Servicing.
“Working with a market leader like NAB Asset Servicing to innovatively solve their complex data content and delivery requirements is a fantastic win for the Australian business and we’re excited about the future potential of the relationship,” said Daryl Sisson, Managing Director for Financial and Risk business of Thomson Reuters in Australia and New Zealand.
Through DataScope Select, NAB Asset Servicing will gain access to Thomson Reuters expansive instrument coverage from across the globe with over 40 Million assets and entities held on file, including pricing data (security, loan and complex), security reference, analytics, corporate actions, fixed income analytical data, FX cross rates, benchmarks, environmental, social and governance data. It will be supported by Thomson Reuters Eikon, a leading financial analysis desktop and mobile solution.
DataScope Select is a leading strategic data delivery platform for non-streaming pricing and reference content globally. The platform is a full cross-asset offering with intelligently linked data for all Thomson Reuters DataScope content including Reference Data, Corporate Actions, Legal Entity Data, end-of-day/intra-day pricing and Evaluated Pricing Services.
About Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com
About NAB Asset Servicing
Asset Servicing, part of NAB’s Product and Markets business, is the largest custodian in the Australian market and has AU$793 billion in assets under administration. It provides custody, master custody, investment administration and other related services to a range of locally and internationally domiciled clients. These include government agencies, investment managers, superannuation funds, insurance companies and banks. NAB has provided domestic custody services since 1950 and global custody and investment administration services since 1975.
Note to editor:
In 2015, Thomson Reuters was recognised by a number of global industry awards across the following categories: Best Data Provider for Derivatives, Best Data Provider for Foreign Exchange, Best News Provider, Best Evaluated Pricing Service Provider, Best Networking & Infrastructure Provider, Best Real-Time Market Data Initiative, Best Corporate Actions Data Provider.