New S&P 500 Bond Index Powered By Thomson Reuters
(Thomson Reuters ONE) -
Thomson Reuters to power S&P Dow Jones Indices' real time-index that tracks the
debt of S&P 500 companies
NEW YORK/LONDON, July 8, 2015 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, today announced its
appointment by S&P Dow Jones Indices, one of the world's leading index
providers, to provide end-of-day as well as terms and conditions data for the
market's first ever index that tracks debt of the S&P 500 companies. Thomson
Reuters Pricing Service (TRPS), an independent pricing service covering over
2.5 million global fixed income securities, derivatives and bank loans, will
work closely with S&P DJI to help them meet their valuation and reporting
requirements for the S&P 500 Bond Index.
The S&P 500 Bond Index is priced in real-time throughout the day and directly
corresponds to movement in the U.S. bond market. The Index offers previously
unavailable intraday transparency to the pricing of debt on America's most
influential companies.
The S&P 500 Bond Index will deliver side-by-side analysis of the performance
differential between U.S. equity and bond markets. TRPS will work with S&P DJI
to power the Index. TRPS is supported by experienced evaluators who apply
consistent pricing methodologies, reflecting up-to-date market conventions and
procedures in order to provide transparency into the inputs and techniques used
to value illiquid and harder-to-value securities.
"We are delighted that S&P Dow Jones Indices has chosen to use our fixed income
end of day pricing in conjunction with our comprehensive and high-quality bond
terms and conditions data to act as constituents for their new Bond Index," said
Marion Leslie, managing director, Pricing & Reference Services at Thomson
Reuters. "Thomson Reuters is committed to partnering with the market's leading
service providers, ensuring market participants are able to benefit from our
award winning content via multiple partners, platforms and applications."
"We are extremely pleased to be working with Thomson Reuters to provide end-of-
day & terms and conditions data for our S&P 500 Bond Index," said J.R. Rieger,
head of Fixed Income for S&P Dow Jones Indices. "Thomson Reuters Pricing &
Reference Services has a proven track record of delivering consistently accurate
and transparent data which will allow us to offer the most comprehensive and up
to date information to investors."
TRPS is 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. 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 www.thomsonreuters.com .
CONTACTS
Ilya Hemlin
PR Specialist, Financial & Risk
Office +1 646-223-5532
Mobile +1 347-408-8592
Ilya.hemlin(at)thomosonreuters.com
Lemuel Brewster
Senior Public Relations Director, Financial & Risk
Office +1 646-223-5147
Mobile +1 917-805-1089
lemuel.brewster(at)thomsonreuters.com
Brian Mairs
Global Head of External Communications, Financial & Risk
Thomson Reuters
+44 (0) 20-7542 -7866
Brian.mairs(at)thomsonreuters.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1935640]
Unternehmensinformation / Kurzprofil:
Datum: 08.07.2015 - 17:32 Uhr
Sprache: Deutsch
News-ID 405557
Anzahl Zeichen: 5151
contact information:
Town:
New York
Kategorie:
Business News
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