The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Refinitiv Expands Access to Data Through Deal with Microsoft

Subscribe to our newsletter

Refinitiv, formerly the Financial and Risk business of Thomson Reuters, is planning to sweat its data assets through an agreement with Microsoft that will integrate Refinitiv financial and markets data in applications and services including Microsoft Excel, MSN Money and Bing. This breaks with the former Thomson Reuters tradition of supplying data through a pipe to capital markets participants and brings financial data to the masses using Microsoft tools. Microsoft previously sourced financial market data for its apps from Morningstar.

Refinitiv says its agreement with Microsoft will expand access to its data to more people, perhaps consultants and subject matter experts using Excel, and that wider data distribution is made possible by its move to the cloud, which makes data easier to consume.

Refinitiv data will initially be integrated with Excel and is expected to be available by the end of this year. Microsoft News will also publish financial data from Refinitiv along with curated news from more than 1,000 publishers and 3,000 brands to keep users informed via MSN.com, the MSN Money app and other Microsoft products.

The financial information provided by Refinitiv includes fundamental company information covering 181 markets in 36 languages, and pricing information, with up to 7 million updates per second over 70 million financial instruments. Putting limits on the use of this data, the agreement states that users of Microsoft products will have access to sufficient company information and price data to fulfil most needs for non-financial professionals.

Debra Walton, chief customer proposition officer at Refinitiv, says: “In a complex and fast-moving world, more people than ever need accurate, comprehensive data they can trust at their fingertips to work smarter, make better decisions and succeed. This agreement harnesses the ubiquity of Microsoft’s software and apps to bring the power of our trusted financial data to consumers and business users.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches for corporate actions automation

Demand for timely and accurate corporate actions data is growing as volumes and complexity rise, and financial institutions acknowledge the increasingly costly gap between accurate corporate actions processing in real, or near-real, time and faulty processing caused by poor data and resulting in missed opportunities to optimise revenue. While many firms currently process parts of...

BLOG

2022 – The Year of Transition, Turning Data Management Theories into Practical Solutions

Welcome to Data Management Insight 2022 and some of the hot topics we will be exploring as capital markets participants continue to mainstream data as a resource to improve business value, extend digitalisation, drive up efficiencies, foster innovation, and last but not least, improve regulatory compliance processes. It will not all be plain sailing, however,...

EVENT

TradingTech Summit Virtual (Redirected)

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...