About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Thomson Reuters TRPS Plus Provides Transparency into Evaluated Pricing of Structured Notes and OTC Derivatives

Subscribe to our newsletter

Thomson Reuters continues to build out its pricing service with the addition of Thomson Reuters Pricing Service Plus (TRPS Plus), a DataScope Select service offering transparency into the evaluated pricing of structured notes and hard to value OTC derivatives. TRPS Plus follows the company’s April 2015 introduction of AskTRPS, a price challenge tool for fixed income professionals, and is based on models acquired with Paris-based Pricing Partners in June 2013.

While Thomson Reuters has priced structured notes and derivatives for some time, TRPS Plus integrates Pricing Partners’ financial library to value complex structured products and exotic derivatives, and provide details of valuations including methodologies used, market data inputs and model assumptions. The service also provides risk calculations associated with these instruments, including Value at Risk, Credit Valuation Adjustment and Greeks. Valuation and risk reports are delivered on an intra-day or end-of-day basis depending on customer requirements.

As well as helping DataScope Select users to value hard to price instruments, TRPS Plus plays into regulations such as Dodd-Frank and European Market Infrastructure Regulation that require highly transparent valuations of illiquid and complex instruments, particularly derivatives and structured products.

Robert Vincini, head of pricing service specialists at Thomson Reuters, says TRPS Plus valuations of structured notes are available immediately to DataScope Select users, while derivatives, initially interest rate swaps, will be available from September. He adds: “After that we will apply Pricing Partners’ models to all the derivatives we price, which is almost all types, and include them in TRPS Plus.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Managing Non-Financial Misconduct Under SMCR

9 October 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Non-financial misconduct—encompassing behaviours such as bullying, sexual harassment, and discrimination is a key focus of the Senior Managers and Certification Regime (SMCR). The Financial Conduct Authority (FCA) has underscored that such misconduct is not only unethical but also poses significant risks...

BLOG

Upcoming Webinar: Managing Off-Channel Communications Compliance

The proliferation of unmonitored communication channels—ranging from personal messaging apps to embedded chat functions in trading platforms—has introduced significant compliance challenges for capital markets firms. Regulatory bodies including the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)  have intensified their scrutiny, emphasizing the necessity for firms to maintain comprehensive records of...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...