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 Experiences 3% Increase in Revenue for Enterprise Division in First Quarter 2010

Subscribe to our newsletter

Following a fairly positive end to last year, Thomson Reuters’ Enterprise division has once again proved to be a bright spot for the vendor’s Markets division for the first quarter of 2010 with a 3% increase in revenue on the same period last year. This increase is set against a decline in the overall revenues for the Markets division of 4% for the quarter, which the vendor attributes to flow through from weak 2009 net sales.

First quarter revenues for the Enterprise division therefore increased to US$315 million, compared to US$294 million in the same period last year. Recurring revenues also increased 5%, but the vendor indicates that overall growth was dampened by a decline in outright and transactions revenues.

Of this, Information Management Systems revenues, which make up 15% of the division’s total revenues, increased 14%. Enterprise Information revenues, which make up 60% of total Enterprise revenues, rose 4% driven by continued strong demand for pricing and related data. However, despite a promising end to last year and the continued appetite in the market, Risk Management revenues were flat in the quarter.

Thomson Reuters indicates that Enterprise continues to benefit from the shift in demand from desktop to machine-based trading. CEO Tom Glocer is also confident that the vendor will see continued growth in this division this year, spurred on by the recent launch of its new Elektron data platform, among other things. Thomson Reuters is pitching the platform as an ultra high-speed network and hosting environment that offers the latency benefits of direct feeds while offering the cost and service advantages of a hosted, consolidated feed environment. Indeed, the distribution system makes significant use of the feedhandling platforms Thomson Reuters uses to support its Data Feed Direct feed service.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

LSEG Wins Most Innovative Data Quality Initiative Award in A-Team Group Innovation Awards 2025

LSEG has won the Most Innovative Data Quality Initiative Award in A-Team Group’s Innovation Awards 2025 for its Tick History – PCAP, which was expanded this year to offer more than 400 feeds, with new coverage spanning 14 markets in the Americas, eight in the Asia-Pacific region and 76 in EMEA. These awards, now in...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...