About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Thomson Reuters TRPS Plus Provides Transparency into Evaluated Pricing of Structured Notes and OTC Derivatives

Subscribe to our newsletter

Thomson Reuters continues to build out its pricing service with the addition of Thomson Reuters Pricing Service Plus (TRPS Plus), a DataScope Select service offering transparency into the evaluated pricing of structured notes and hard to value OTC derivatives. TRPS Plus follows the company’s April 2015 introduction of AskTRPS, a price challenge tool for fixed income professionals, and is based on models acquired with Paris-based Pricing Partners in June 2013.

While Thomson Reuters has priced structured notes and derivatives for some time, TRPS Plus integrates Pricing Partners’ financial library to value complex structured products and exotic derivatives, and provide details of valuations including methodologies used, market data inputs and model assumptions. The service also provides risk calculations associated with these instruments, including Value at Risk, Credit Valuation Adjustment and Greeks. Valuation and risk reports are delivered on an intra-day or end-of-day basis depending on customer requirements.

As well as helping DataScope Select users to value hard to price instruments, TRPS Plus plays into regulations such as Dodd-Frank and European Market Infrastructure Regulation that require highly transparent valuations of illiquid and complex instruments, particularly derivatives and structured products.

Robert Vincini, head of pricing service specialists at Thomson Reuters, says TRPS Plus valuations of structured notes are available immediately to DataScope Select users, while derivatives, initially interest rate swaps, will be available from September. He adds: “After that we will apply Pricing Partners’ models to all the derivatives we price, which is almost all types, and include them in TRPS Plus.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Generative and Agentic AI in Financial Markets: What the Data Really Shows

Artificial intelligence is reshaping financial markets – but the reality on the ground is more nuanced, more uneven, and more instructive than the headlines suggest. A new A-Team Insight research programme, drawing on responses from senior AI decision-makers at buy-side and sell-side institutions across the USA, UK and Canada, reveals a market in transition: from...

BLOG

Direct Lending Practitioners Target Large Tech Budget Growth on Data

An overwhelming majority of private credit market practitioners are planning to substantially increase their technology budgets as they seek to address risks that are contributing to concerns about the direct lending sector. The Compass 2026 survey conducted for Oxane Partners – a technology provider for credit and other private markets – found that almost four-fifths...

EVENT

Data Management Summit New York City

Now in its 17th year, Data Management Summit (DMS) NYC returns in September 2027, to explore how to use data and AI to drive measurable business outcomes - reliably, repeatedly and at scale.

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...