Profile: Thomson Reuters Corp (TRI.N)
26 May 2017
Thomson Reuters Corporation (Thomson Reuters), incorporated on December 28, 1977, is a provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. Financial & Risk also provides regulatory and operational risk management solutions. The Legal segment is a provider of critical online and print information, decision tools, software and services that support legal, investigation, business and government professionals around the world. The Tax & Accounting segment is a provider of integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms and government. The Company also operates Reuters, Global Growth Organization (GGO), and Enterprise Technology & Operations (ET&O). Thomson Reuters operates in over 100 countries.
Reuters is a provider of real-time, multimedia news and information services to newspapers, television and cable networks, radio stations and Websites around the globe. GGO works across its business units to combine its global capabilities and expand its local presence and development in various countries and regions. GGO supports its businesses in Latin America, China, India, the Middle East, Africa, the Association of Southeast Asian Nations, North Asia, Russia and countries consisting of the Commonwealth of Independent States and Turkey. ET&O group unifies infrastructure across its organization, including technology platforms, data centers, real estate, products and services. The Company is also engaged in selling electronic content and services to professionals, primarily on a subscription basis. Its businesses provide solutions, software and workflow tools, which integrate its core data and information.
Financial & Risk
The Financial business provides a range of offerings to financial markets professionals. The Financial business delivers global content sets, including fundamentals, estimates and primary and secondary research. Financial also provides customers with tools, platforms, venues and services to enable decision-making. Financial's financial markets desktop platform is Thomson Reuters Eikon. The Company’s brands and products categories include Thomson ONE, Thomson Reuters BETA, Thomson Reuters Elektron, Thomson Reuters Enterprise Platform, FX Trading Solutions and Tradeweb. Thomson Reuters Eikon is a desktop platform providing pre-trade decision-making tools, news, real-time pricing, research and analysis, charting, analytics, portfolio tools, trading connectivity and collaboration tools. Thomson ONE offers an integrated access to information, analytics and tools delivered within workspaces designed for each target customer's workflow.
The Company's Thomson Reuters BETA offers a suite of integrated, intelligent solutions to manage retail brokerage operations, including workflow and productivity tools, transaction processing, reporting and archiving, and data delivery, among others. Thomson Reuters Elektron is a cross asset data and trading infrastructure that includes low latency real-time data feeds, non real-time data, analytics and transactional connectivity. Services can be offered in a range of deployment and hosted models. Thomson Reuters Enterprise Platform is a technology platform that enables financial institutions to control real-time information flows. FX Trading Solutions include Foreign Exchange (FX) Trading, Electronic Trading and FXall. Tradeweb is a global electronic multi-dealer-to-customer marketplace for trading fixed income, derivatives and money market products, which connects investment banks with institutional customers.
The Company's Risk business provides a suite of solutions designed to help its customers address third-party risk (customer, supplier and partner), regulatory compliance, corporate governance, operational risk controls, and pricing and valuation. Risk's solutions combine technology with regulatory and risk intelligence to deliver integrated offerings to financial services and multinational institutions for global regulatory intelligence, financial crime prevention, anti-bribery, anti-money laundering and anti-corruption, know-your-customer (KYC) and other due diligence, compliance management, internal audit, e-learning and risk management services. Its brands and product categories include Customer and Third Party Risk; Regulatory Intelligence and Regulatory Change Management; Compliance Learning; Internal Audit and Controls; Enterprise Risk Management, and Pricing and Reference Services.
The Company's Customer and Third Party Risk provides information, software products and managed services, which include Thomson Reuters World-Check risk intelligence, Thomson Reuters Org ID (KYC compliance managed service) and Enhanced Due Diligence reports to help organizations detect, assess and minimize potential risks with customers, suppliers and partners and protect against reputational and financial damage. As of December 31, 2016, the Regulatory Intelligence and Regulatory Change Management offers information and software products, which include global coverage of over 750 regulatory bodies and more than 2,500 collections of regulatory and legislative materials with news and analysis. It incorporates insight and content and maps relevant policies to rule changes to evaluate their effect on businesses. Compliance Learning includes training programs, which assist in changing behavior and supporting a culture of integrity and compliance.
The Company's Internal Audit and Controls includes internal auditing and internal controls testing, including risk assessment, global issue tracking and administration. Enterprise Risk Management offers a risk management solution that helps identify, document and assess strategic and operational risks, including loss events, key risk indicators, assessment responses and scenario analysis data. Pricing and Reference Services offers a suite of products for non-streaming cross-asset class content globally; supports the management of financial risk, including such instruments as peer-to-peer or marketplace loans.
The Legal segment's brands and product categories include Westlaw, Sweet & Maxwell, Thomson Reuters Canada Legal, Aranzadi (Spain), La Ley (Argentina), Practical Law, Practice Point, Legal Tracker, Legal Managed Services, Elite 3E, ProLaw, Legal One, FindLaw, eDiscovery Point, Case Notebook, Drafting Assistant, Court Express, C-Track Court Management Solutions, ProView, CLEAR and PeopleMap. The Company provides legal, regulatory and compliance information-based products and services. Thomson Reuters Westlaw is Legal's primary online legal research delivery platform in the United States. Westlaw offers content, search functionality and research organization, team collaboration features, and navigation tools to find and share specific points of law and search for analytical commentary.
The Company's localized versions of online legal research services are provided in Argentina, Australia, Brazil, Canada, Chile, China, France, Hong Kong, India, Ireland, Japan, Malaysia, New Zealand, Paraguay, Peru, Singapore, South Korea, Spain, the United Kingdom, Uruguay and other countries. The Company offers Legal know-how, current awareness and workflow tools with embedded guidance from practitioners. Practice notes, documents, checklists and What's Market tools cover a range of practice areas, such as commercial, corporate, labor and employment, intellectual property, finance and litigation. Practical Law has offerings in the United Kingdom, the United States, Canada, Australia and China. Legal Tracker offers online matter management, e-billing and legal analytics services. It offers a suite of integrated software applications that assist with business management functions, including financial and practice management, matter management, document and e-mail management, accounting and billing, timekeeping and records management.
The Company's FindLaw offers online legal directory, Website creation and hosting services, law firm marketing solutions and peer rating services. It offers electronic discovery software, research tools, case analysis software and deposition technology, as well as witness, document review and document retrieval services and drafting tools to support each stage of the workflow. It offers software suite to support e-filing, case management and public access solutions for courts, which can be integrated with other court applications. Its ProView offers professional grade e-reader platform. The Company offers public records about individuals and companies with tools for immediately usable results.
Tax & Accounting
The Tax & Accounting segment's brands and product categories include ONESOURCE, Checkpoint, CS Professional Suite, Onvio, Aumentum, Digita and DT Max. ONESOURCE offers global tax compliance solution with local, country-specific focus to manage a company's entire tax lifecycle. ONESOURCE software and services, which can be sold separately or as a suite, include solutions for tax planning, tax provision, tax compliance, transfer pricing, trade and customs, tax information reporting, trust, property, and overall tax workflow management and data management. Checkpoint offers an integrated information solution that addresses market disruption through integrated research, editorial insight, workflow productivity tools, online learning and news updates, along with links to related content and software. CS Professional Suite offers an integrated suite of desktop and online software applications that encompass aspects of a professional accounting firm's operations ranging from collecting customer data and posting finished tax returns to the overall management of the accounting practice. Its applications include tax preparation, engagement, practice management, document management and workflow management solutions for both large and small firms.
The Company's Onvio offers a suite of cloud-based products that brings aspects of accounting firm operations into a single, accessible online platform. Its available applications include document management, file sharing and collaboration, time and billing, workpaper management and project management. Its Aumentum offers an integrated software solution for governments to manage the entire property lifecycle. Digita offers the United Kingdom tax compliance and accounting software and services. DT Max offers Canadian tax compliance software products, as well as productivity tools for accounting firms. Its applications include tax preparation and compliance, practice management, document management and workflow management solutions for any size firm.
The Company competes with Bloomberg, FactSet, S&P, FIS, ICE Data Services, Telekurs, Dow Jones, IBM, NEX Group, MarketAxess, Wolters Kluwer, MetricStream, Nasdaq BWise, RELX Group, Intuit, Corporation Services Company, Associated Press and Agence France-Presse.
Thomson Reuters Corp
3 Times Sq
NEW YORK NY 10036-6564