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 Targets Mutual Fund Community with Global End of Day Equity Pricing Solution

Subscribe to our newsletter

Thomson Reuters today announced two major enhancements to its pricing and reference data platform. DataScope Select will now deliver validated end of day prices within 30 minutes of market close and the introduction of a universal close price field. This is beneficial to US Mutual fund managers and administrators, as they will now be able to retrieve validated close price data at approximately 4:30 pm (EST), through a single universal close field, making it easier to meet their net asset value reporting requirements.

The enhancements to DataScope Select will provide clients superior and seamless integration into valuation and accounting platforms, optimizing the users pricing workflow which will simplify auditing and reduce costs. In addition this will improve exception-based processing which supports automation and reduces operational risk. The accurate and independent prices supplied through DataScope will enable mutual fund managers to hold news securities and pursue differentiation strategies.

Tim Rice, Global Head of Pricing and Reference Data, Thomson Reuters, said: “Thomson Reuters is committed to global fund valuation through enhancing our technology while continuing our broad focus to provide accurate, timely information to mutual fund clients and fund administrators. This performance enhancement to our technology further shows our commitment and dedication to providing the best timely information in support of our client’s market requirements.”

“In today’s volatile marketplace, fast access to premium-quality content is essential to ensure precise valuations and drive market strategies,” said Sang Lee, principal analyst and co-founder, Aite Group. “As operational risk concerns remain front-of-mind, mutual fund managers and administrators will look for technology platforms that can deliver a new level of transparency, value and consistency in pricing information to help meet auditing and reporting requirements and create greater opportunities for their clients.”

Thomson Reuters is a leading provider of global cross asset information, including equity data from indices in 98 countries and an independent pricing team covering 2.5 million fixed income, derivatives instruments and loans. Prices are delivered throughout the day or at market closing times around the world depending on the asset classing, with supporting commentary to give insight on day’s events. Thomson Reuters Evaluated Pricing service has over 110 expert analysts worldwide that utilize proprietary models, robust quality checks and contributed data points collectively to offer a global holistic solution.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for data lineage and metadata management to support evolving data operations

Data lineage is key to tracking data from source to consumption and any changes to the data along the way. Metadata management provides governance and control, ensuring high quality, consistent and accurate data across a financial institution. It can be used at all levels of an organisation from the C-suite to data stewards, analysts and...

BLOG

S&P Global Forges Collaboration with AWS to Accelerate Business Growth and Innovation

S&P Global and Amazon Web Services (AWS) are building on a longtime relationship with a multi-year strategic collaboration that will be based on AWS as preferred cloud provider and help S&P Global enhance its cloud infrastructure, accelerate business growth, and engineer innovation. The collaboration reinforces S&P Global’s efforts to optimise its data and technology assets...

EVENT

A-Team Briefing: Cloud Innovation for Data Ops

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...