Thomson Reuters Introduces Intraday Evaluated Pricing Capabilities
(Thomson Reuters ONE) -
New Capability Updates Evaluated Prices 24/5 and Delivers Increased Transparency
on DataScope Select
NEW YORK - July 21, 2015 - Thomson Reuters, the world's leading source of
intelligent information for businesses and professionals, today announced the
launch of intraday evaluated pricing capabilities, derived by Thomson Reuters
Pricing Service (TRPS). All Government and Corporate bonds will be updated
throughout the day, Monday through Friday, by the global team of over 150 TRPS
evaluators. Continuous pricing updates enable customers to value their
portfolios throughout the day, providing them with greater accuracy and
transparency.
Increased regulatory requirements are escalating the demand for greater insight
into the value of investment and trading portfolios. These valuations typically
have been calculated by using end-of-day pricing from the day prior; however the
ability to use intraday pricing makes net asset value (NAV) and profit and loss
(P&L) computations more accurate throughout the day with up-to-the-minute
pricing. Supporting market data, such as corresponding benchmark rates and
spreads, will be available alongside intraday prices.
"The ability to defend evaluated prices and meet strict valuation requirements
is driving the need for greater transparency for financial institutions," said
Jayme Fagas, global head, Valuations and Transparency for Thomson Reuters
Pricing and Reference Services. "Customers are in need of greater transparency
and we can no longer rely solely on end-of-day pricing. Heightened global
accounting standards contained in such regulations as AIFMD, IFRS 13, Basel III
and Solvency II require the ability to calculate NAV at all times. By adding
intraday pricing to our evaluated pricing suite, we are answering just one of
our customers' most pressing needs."
Global Government and Corporate Intraday evaluated pricing by TRPS is delivered
through DataScope Select, the strategic global data delivery platform for non-
streaming content. TRPS 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.
The introduction of intraday evaluated pricing is one of many enhancements and
additions that are being made to TRPS this year. TRPS intraday pricing helps
clients remain compliant and enables them to make more informed investment
decisions. By offering greater access to the inputs, methodology and related
market color used to derive evaluated prices, these TRPS updates aim to delivery
greater transparency into securities pricing.
For more information about Thomson Reuters Pricing Service, please visit:
http://www.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 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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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via GlobeNewswire
[HUG#1940217]
Unternehmensinformation / Kurzprofil:
Datum: 21.07.2015 - 15:30 Uhr
Sprache: Deutsch
News-ID 408132
Anzahl Zeichen: 4737
contact information:
Town:
New York
Kategorie:
Business News
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