Thomson Reuters Adds Content to DataScope Select Platform Supporting Shareholding Disclosures
(Thomson Reuters ONE) -
Offering Lets Users Monitor Ownership of a Given Issuer to Support Firms'
Regulatory Disclosures
NEW YORK, October 13, 2015 - Thomson Reuters today announced that it has added
new data on its DataScope Select platform to support significant shareholder and
beneficial ownership disclosures required by securities regulators
worldwide. Asset managers are obligated to monitor and disclose holdings in
sensitive industries and when they exceed a percentage threshold of the
outstanding capital of a company. Thomson Reuters new content, added to its
flagship reference data product, provides granular data on shares and voting
rights outstanding for individual companies, which is collected
from 150 different sources across nearly 100 countries.
"Global asset managers face complex investment compliance rules across different
regulatory regimes and are filing an increasing number of disclosures," said Tim
Lind, global head of Financial Regulatory Solutions at Thomson
Reuters. "Investors need granular and more precise data to calculate and monitor
a firm's threshold of ownership of a given issuer, long or short, on a daily
basis. We provide the critical information that assists asset managers to meet
this challenge," he added.
National securities regulations like the SEC's Rule 13D and the amended
Transparency Directive in Europe (Directive 2013/50/EU) require disclosures of
beneficial ownership when thresholds are exceeded. As a result, the investment
compliance function must closely monitor daily transactions and holdings in
certain types of instruments, including other asset classes that could be
converted into an equity position. Not only is the process challenging for every
global investor, but national regulators are also becoming increasingly
aggressive with enforcement and have little tolerance for errors.
Thomson Reuters DataScope platform includes granular and timely shares and
voting rights content at the instrument and issuer level in the different
varieties of share types that regulators demand (e.g. listed, Treasury,
outstanding, issued, etc.) This also includes related reference data to assist
and flexible delivery through the Datascope Select platform. The addition of
this content further demonstrates Thomson Reuters commitment to support its
clients as they meet new regulatory compliance challenges.
Thomson Reuters DataScope Select is the strategic data delivery platform for
non-streaming pricing and reference content globally. The platform is a full
cross-asset offering with intelligently linked data for all Thomson Reuters
DataScope content including Reference Data, Corporate Actions, Legal Entity
Data, end-of-day/intra-day pricing and Evaluated Pricing Services. With each new
release of Thomson Reuters DataScope, Thomson Reuters includes new functionality
and content enhancements to address the ever-evolving data challenges that our
customers face. Thomson Reuters DataScope Select continues to adapt to today's
content and delivery requirements as they evolve in the marketplace. The
platform is built on the cornerstones of best-in-class coverage, reliability,
performance and customer convenience.
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.
Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.
For more information, go to http://thomsonreuters.com/
CONTACTS
Mark D. Harrop
Public Relations Manager, Financial & Risk
Office +1 646-223-7803
Mobile +1 347-803-5575
mark.harrop(at)thomsonreuters.com
Lemuel Brewster
Senior Public Relations Director, Financial & Risk
Office +1 646-223-5147
Mobile +1 917-805-1089
lemuel.brewster(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#1958663]
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2015 - 21:27 Uhr
Sprache: Deutsch
News-ID 426687
Anzahl Zeichen: 5129
contact information:
Town:
New York
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 187 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Thomson Reuters Adds Content to DataScope Select Platform Supporting Shareholding Disclosures"
steht unter der journalistisch-redaktionellen Verantwortung von
Thomson Reuters Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
