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

Refinitiv Puts Data and Compute in the Cloud to Deliver PRIIPs Compliance Service

Subscribe to our newsletter

Refinitiv is building out cloud capability by providing a menu of data and services that breaks down its traditional product outlook. Clients can select the capabilities and content they need, compute is performed in the cloud, and longer term, cloud is expected to unlock some of the costs of platforms, people and processes.

An example of Refinitiv’s approach to providing both data and compute in the cloud is a recently released service for Packaged Retail and Insurance-based Investment Products (PRIIPs). The regulation is designed to avoid the sale of unsuitable products to consumers, and instead, provide them with clear product information they can use to understand and compare products before they invest. Essentially, sales of investment and insurance products to individual investors must provide fair value.

The Refinitiv service offers access to PRIIPs data and analytics in the cloud. Rather than trawling tick data to find client transactions and then running analytics to identify fair value, the solution allows the user to plug in parameters to identify and review fair value. In line with the industry’s migration to the cloud, nothing is needed on premise and savings can be made in the back office.

Commenting on the PRIIPs service and the wider potential of cloud, Marion Leslie, managing director of the Enterprise business at Refinitiv, says: “A real benefit of cloud is to unlock process resources in the back office around reference, pricing and valuations data. Putting just data in the cloud, or systems in the cloud and pulling data up and down is expensive. The need is to compute in the cloud, to put your master reference database and analytics in the cloud and compute there.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The ROI of Data Trust: Quantifying the Business Value of Data Observability

Date: 8 July 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for...

BLOG

73 Strings QnA: Solving Post-Investment Data Challenges for Private Markets

Paris-based startup 73 Strings was established to modernise the data and valuation infrastructure for private market participants. Data Management Insight spoke to founder and chief executive Yann Magnan about the company’s operations and its ambitions. Data Management Insight: Hello Yann, when was 73 Strings created and how does it serve financial institutions? Yann Magnan: We...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...