Thomson Reuters Adds Countries of Risks to its Leading Entity Risk Solution
(Thomson Reuters ONE) -
Thomson Reuters Adds Countries of Risks to its Leading Entity Risk Solution
Algorithm measures exposure of a firm to multiple countries
NEW YORK, September 16, 2013 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, today announced the
launch of an enhanced entity risk offering to help financial institutions,
including custodian banks, regional banks and fund administrators, better
identify and manage their portfolio risk and regulatory reporting requirements.
As part of the enhanced offering, customers are now able to measure their
aggregate exposure to an entity's countries of risks. The solution is powered by
StarMine's algorithm and uses Thomson Reuters entity and fundamentals data as
well as GDP data from the IMF. It makes adjustments where appropriate to provide
full transparency into the factors used to create the weightings that drive the
algorithm.
The launch of Thomson Reuters Countries of Risks offering supports Thomson
Reuters vision to connect and enable the global financial community and builds
on the growing portfolio of solutions that it provides to assist firms in
addressing issues of risk and regulation. The offering significantly enhances
Thomson Reuters Entity Risk suite and further positions the Company as a leading
provider of Entity Risk data.
"We are seeing a significant increase in demand for entity content by our
clients and solutions like our Countries of Risks empower and help them to
better understand their true exposure to an issuer and their complex global
affiliations," said Debra Walton, managing director, Enterprise Content at
Thomson Reuters. "Our Countries of Risks offering also highlights our commitment
to integrate the breadth of content across our organization to deliver
innovative solutions to professionals globally. We are delighted that we are
able to leverage fundamental and economic data on issuers and powerful StarMine
Analytics to enhance our Entity Risk solution."
"In today's complex and interconnected world, firms need the ability to measure
and report risk in investment portfolios as it relates to issuing entities,
sectors, asset classes, and countries," said Tim Lind, global head of middle
office at Thomson Reuters. "Our new Countries of Risks offering addresses this
critical need by providing the linkage between entities, securities, and
different dimensions of risk."
Entity data is the map that connects the total exposure of securities and
holdings to issuers and the concentration of assets by industry sector or
countries of risk. Thomson Reuters Entity Risk helps clients measure their
aggregate exposure by providing visibility of the organizational structures of
core entities, their subsidiaries, joint ventures and affiliates in the
hierarchy view. It covers a growing universe of more than 1 million entity
records from auditable sources including exchanges, company registrars, 10K
filings, regulators, annual reports and prospectuses - all presented in a
concise, manageable and user-friendly mapped format. The data is collected and
maintained by a global team of hundreds of market analysts covering 250 markets
with a clear focus on the highest quality and efficiency. For more information,
click here.
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.
CONTACT
Lauren Herman
Public Relations
Thomson Reuters
+1 646-223-5985
lauren.herman(at)thomsonreuters.com
Lemuel Brewster
PR Director, Investors
Thomson Reuters
+1 646-223-5147
Lemuel.brewster(at)thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
[HUG#1729220]
Unternehmensinformation / Kurzprofil:
Datum: 16.09.2013 - 15:13 Uhr
Sprache: Deutsch
News-ID 296957
Anzahl Zeichen: 5415
contact information:
Kategorie:
Business News
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