Thomson Reuters Wins Inside Market Data and Inside Reference Data Awards 2013
Financial & Risk business recognised across four categories as voted on by market participants
LONDON and NEW YORK, 22 May, 2013 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced it has been named Best Foreign Exchange (FX) Data Provider, Best Low Latency Data/Technology Vendor, Best Research Provider and Best Reference Data Provider in the Inside Market Data and Inside Reference Data Awards 2013. The awards are voted on by end-users in financial firms to recognise excellence in the delivery of world-class content.
Thomson Reuters has been at the heart of the FX markets for over 30 years, offering a suite of leading electronic Matching services for trading FX. The acquisition of FXall, the leading independent global provider of electronic FX trading solutions, last year has further strengthened the company's offering allowing it to serve the broader universe of institutions, diversify its client base, expand into the buy-side community, and deepen exposure to clients that need FX for their daily business operations. Thomson Reuters deep commitment to the FX market is also reflected by its annual success in the awards, where it has been recognised as best data provider for foreign exchange every year since the award's inception in 2007.
This is also the seventh consecutive year that Thomson Reuters has been named Best Low Latency Data/Technology Vendor. This win for Thomson Reuters Elektron highlights the continued success of the firm's real-time data and technology. Thomson Reuters Elektron is a cross-asset trading and data infrastructure that offers global low-latency market access, content and distribution with a fully integrated set of cutting edge trading applications, available deployed or as a managed service, across co-location and proximity hosting sites in the world's key financial centers.
In recognition of Thomson Reuters commitment to providing the market with the highest quality evaluated pricing and referential content, it has been awarded the title of Best Reference Data Provider. This highlights the company's ongoing commitment to working in partnership with their clients, so as to ensure that they can better support their risk mitigation, portfolio management, fund administration and compliance workflows and systems.
Thomson Reuters has also been recognised as Best Research Provider for its extensive coverage across financial markets. This award acknowledges that Thomson Reuters provides highly valued research reports from a vast range of brokers and independent research firms via its real-time research collection for buy-side participants and Investext Embargoed Research subscription service for the sell-side. These collections enable clients to make more informed investment and deal making decisions.
"We are extremely honoured that our customers and the industry have recognised us for our leadership in these strategic areas, which are core to our business and so close to our customers' needs", said David Craig, president of Financial & Risk, Thomson Reuters. "Thomson Reuters remains committed to providing its clients with trusted, independent and neutral news, information and trading services. We thank the readers of Inside Market Data and Inside Reference Data for these honours."
The company's success in the Inside Market Data and Inside Reference Data Awards 2013 follows recent award wins in the FTF News Technology Innovation Awards 2013 where Tim Lind, global head of Middle Office, Thomson Reuters, was named Fintech Person of the Year and Thomson Reuters Accelus was named Best Operational Risk Solution. So far this year, Thomson Reuters has also been recognised with award honours in the FStech Awards, the Edison Awards, the Operational Risk & Regulation Awards and the Euromoney FX Survey.
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.
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Source: Thomson Reuters Corporation via Thomson Reuters ONE