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

A-Team Insight Blogs

Reuters Adds Hourly Corporate Actions Data to DataScope Select

Reuters has added an enhancement to Reuters DataScope Select which will see its corporate actions data updated hourly, rather than once a day. Users will be able to monitor portfolios more actively by choosing how often they receive updates and paying according to the quantity of data they use. Reuters clients will now be able to monitor corporate actions data on an hourly basis, enabling them to keep up to date with information drawn from over 50,000 companies in over 70 countries. They will be able to select only the data they require, which includes dividends, initial public offerings and mergers and acquisitions information, and pay only for the data they consume.

The move follows clients’ requests for reference data and pricing information throughout the trading day in response to the increased complexity of trades and rising volumes driven by market instability. Tim Rice, Reuters Global Head of Fund Administration, says: “Recent market conditions have meant our clients need greater visibility over what is happening in their portfolios than ever. Hourly updates on what companies are doing will give them the valuable information they need – when they need it.”

Reuters competitor Interactive Data recently began delivering corporate actions information in North America on an intraday basis – every two hours.

Related content

WEBINAR

Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?

Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable...

BLOG

Don’t Miss It – A-Team Group’s Data Management Summit USA Virtual is Just Weeks Away

Data monetisation, data strategy to drive business outcomes, data discovery and intelligence, the power of data lineage, how to deliver an ESG data strategy and, necessarily, regulatory reporting challenges and the data management response, are just some of the key topics that leading capital markets’ participants and innovative solutions vendors will discuss at A-Team Group’s...

EVENT

TradingTech Summit London

TradingTech Summit London will explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility. Leveraging the cloud, AI and ML technologies to get an edge, automate processes and simplify operations in a cost effective way is the name of the game and will share practical insight from practitioners and technology leaders who are innovating and driving forward change in trading operations.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...