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 Increases Frequency of Reference Data Delivery with DataScope Equities Plus

Subscribe to our newsletter

Thomson Reuters continues to build out its strategy of making products as flexible and easy to use as possible with the introduction of Thomson Reuters DataScope Equities Plus, a bulk data feed solution that moves on from intra-day reference data delivery to provide updated data every 15 minutes. Pricing data continues to be supplied on an end-of day basis, but with corrections and late market changes delivered via DataScope Equities Plus as they become available.

Stuart Martin, global head of asset servicing, Thomson Reuters, explains: “We can now provide interested DataScope Equities customers with time sensitive, flexible and individualised bulk information to help maximise their trade and post-trade capabilities. With this release, we emphasise our global strategic commitment to offer market leading solutions that meet both industry demands and regulatory standards.”

Martin views DataScope Equities Plus as an enhancement for existing customers of DataScope Equities and an option for prospects such as large banks, fund administrators and custodians that are looking for bulk reference data capabilities, but says no products will be decommissioned as a result of the new service. Instead, he expects some customers to select certain attributes of DataScope Equities Plus as supplements to existing services.

DataScope Equities Plus has been available since late summer and will be updated with additional content in the first quarter of next year. It is being implemented by two customers, one in the UK and one in Asia, and is also being integrated with Thomson Reuters enterprise data management partners’ systems to ensure they can consume and distribute the data.

The service has been developed within Thomson Reuter’s DataScope Select non-real time strategic infrastructure and, as such, is part of the company’s long-term plan to pull together the pricing and reference services, financial crime and enterprise risk management solutions within its finance and risk business. Martin explains: “We are pulling together our capabilities across vertical sectors and looking to channel as much data as possible through DataScope Select. By consolidating and centralising data we will be able to provide the same level of distribution capability across the data and customers will be able to extract the data they need and improve productivity in workflows.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practices for compliance with EU Market Abuse Regulation

Date: 18 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation,...

BLOG

Corlytics Reports Eye-Watering Fines for 2023 Regulatory Breaches

Corlytics, a provider of regulatory risk intelligence, has released an enforcement data report for 2023 revealing financial crime, data protection, and governance as the main risk categories for financial services with the highest penalties. Some $6.7 billion of fines were imposed for financial crime, most of which were for money laundering and terrorist financing. Looking...

EVENT

RegTech Summit London

Now in its 8th 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

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...