Thomson Reuters Launches New Valuations & Transparency Capability
(Thomson Reuters ONE) -
New capability offers greater transparency for Structured Notes and OTC
Derivatives
NEW YORK, June 23, 2015 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, today announced the
launch of Thomson Reuters Pricing Service Plus (TRPS Plus), a new DataScope
capability for structured notes and hard-to-value over-the-counter (OTC)
derivatives. TRPS Plus offers significant transparency into the evaluated price,
methodologies and market data associated with the price. TRPS Plus also provides
important risk analysis such as Value-at-Risk (VaR), Credit Valuation Adjustment
(CVA) and Greeks.
Global regulators enforcing rules such as Dodd-Frank and European Market
Infrastructure Regulation (EMIR) are devoting a great deal of attention to
illiquid and complex instruments, with a particular focus on derivatives and
structured products. Highly transparent valuations are required. By using TRPS
Plus, customers get a tailor-made transparent evaluated price with complete
access to cashflow descriptions, market data inputs, numerical methods and model
assumptions to help address transparency and regulatory requirements.
"Financial institutions are struggling to meet valuation and risk management
requirements for their exotic derivatives and complex structured products," said
Jayme Fagas, global head of Valuations & Transparency for Thomson Reuters
Pricing and Reference Services. "With TRPS Plus, we help to tackle these
challenges by providing not only the price but also the traceable details of the
valuation. Customers now have access to risk calculations associated with the
instrument such as VaR, CVA and Greeks allowing them clear line of sight into
the instrument and its value."
TRPS Plus is accessible via Thomson Reuters DataScope Select, the strategic
global data delivery platform for non-streaming content. TRPS Plus is an
addition to Thomson Reuters Pricing Service (TRPS), 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.
With TRPS Plus in place, DataScope Select now covers more than 650 structured
notes and derivatives. Combined with the legacy-Pricing Partners financial
library, TRPS Plus effectively allows DataScope Select to deliver transparent
pricing on all standard or non-standard derivatives. Valuation and risk reports
are delivered intra-day or end-of-day according to customers' requirements.
You can find more information on Thomson Reuters Pricing Service
here: http://prdcommunity.com/index.php/solutions/valuation-services.
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. Thomson Reuters shares are listed on the Toronto and New York
Stock Exchanges. For more information, go to http://thomsonreuters.com/
CONTACTS
Lemuel Brewster
Senior Public Relations Director, Financial & Risk
Office +1 646-223-5147
Mobile +1 917-805-1089
lemuel.brewster(at)thomsonreuters.com
Mark D. Harrop
Public Relations Manager, Financial & Risk
Office +1 646-223-7803
Mobile +1 347-803-5575
mark.harrop(at)thomsonreuters.com
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Source: Thomson Reuters Corporation via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 23.06.2015 - 15:48 Uhr
Sprache: Deutsch
News-ID 402443
Anzahl Zeichen: 4897
contact information:
Town:
New York
Kategorie:
Business News
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