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 to Offer Securities Class Action Claims Filing Solution through PORTIA

Subscribe to our newsletter

Thomson Reuters today announced that it will offer securities class action claims filing capabilities as part of its enterprise-wide investment accounting system. The solution will be delivered in collaboration with Global Claims Filing Limited (GCF), a provider of securities class action data, research and claims filing services.

Thomson Reuters PORTIA provides comprehensive investment accounting management capabilities for asset managers worldwide that will now offer an inclusive, automated claims filing solution through GCF. Used by more than 300 investment managers in 45 countries managing assets worth more than US $15 Trillion, Thomson Reuters PORTIA is a highly scalable solution which boasts flexible deployment options. GCF calculates the recognised loss for each settlement in order to maximise the client’s recoveries, helping to boost the performance of their portfolios.

More than US$42 billion has been available to investors in securities class action settlements in the past five years and there is more than US$11 billion in settlements currently available to investors. The consolidated solution from Thomson Reuters addresses the issue of clients leaving billions of dollars on the table each year. Thomson Reuters and GCF together deliver an automated securities class action service that can ensure that clients’ recoveries in all settlements are maximised, while helping reduce operational risk.

“A large percentage of securities class action claims are never filed, so it is our goal through this collaboration with GCF, to make clients aware of securities class actions and to simplify the claims filing process,” said Christy Bremner, global managing director of PORTIA, Thomson Reuters. “Using Thomson Reuters PORTIA and GCF, clients can leverage this relationship to have the ability to demonstrate their commitment to recovering claims to which their clients are entitled.”

“We look forward to working with Thomson Reuters to provide their PORTIA clients with a comprehensive securities class action claims filing solution,” said Michael Egan, president, GCF.

“By outsourcing the claims filing process, GCF enables its clients to recover significant amounts of money for their clients, to concentrate on their investment performance, and relieve their back office from a time consuming and tedious process,” said Kevin Brady, chief executive officer, GCF.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

APAC Data Management Leaders Revealed in Inaugural A-Team Insight Awards Introduction

A-Team Group is pleased to announce the winners of the inaugural Capital Markets Technology APAC Awards 2025. These awards celebrate the technology providers and financial institutions at the forefront of innovation across the Asia Pacific region. Coinciding with the announcement, we have also launched our comprehensive annual report, “The State of Capital Markets Technology in...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

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...