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

A-Team Insight Blogs

Reuters Adds OTC Equity Options Prices to DataScope Select

In its third quarterly release this year of its hosted data management and extraction platform DataScope Select, Reuters has incorporated what it says are significant enhancements to the solution in the areas of OTC equity options pricing and counterparty data.

The evaluated pricing services within Reuters DataScope Select have been extended with the provision of a mechanism for clients to submit deal information and request prices for OTC equity options via FTP or a user-friendly interface, Reuters says. The addition of OTC equity options pricing into DataScope Select, where it is available alongside the other data accessible via the platform such as terms and conditions and corporate actions, is particularly valuable in light of the increasing regulatory demand for transparency of pricing in a volatile market, Reuters’ product manager Brian Filanowski reckons. The OTC equity options prices, evaluated internally by Reuters specialists, join the credit default swap and interest rate swap prices already available via DataScope Select, and the vendor says there will be more to come as it taps further into its evaluated pricing capabilities.

Reuters’ counterparty data service, launched in May, has been an add-on service in DataScope Select until now. With this release, the vendor has added hierarchies, seamlessly linking its counterparty data with the pricing and reference data already available via DataScope Select. Users can search for and identify the exact origin of a specific security or transaction through company hierarchy and counterparty data now available within the same hosted platform, the vendor adds. This should also support clients’ efforts to accurately manage exposure and meet requirements for greater transparency. Filanowski reports a positive response to the counterparty data service from Reuters’ clients since its launch, adding that the creation of seamless linkages between counterparty and other reference data in DataScope Select should provide another boost for the service.

This latest release of Reuters DataScope Select also offers expanded data content that supports regulatory transaction reporting under MiFID, Reuters adds.

Related content

WEBINAR

Upcoming Webinar: FINRA CAT CAIS: What to Expect – Giving Regulators Full Access to Your Customer & Account Data

Date: 3 November 2021 Time: 11:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Join n-Tier and a panel of industry experts to discuss implications of the SEC’s Consolidated Audit Trail (CAT) Customer & Account Information System (CAIS) Phase 2e. The initial phase of CAIS was the start of a new era for...

BLOG

MAS Brings in Final Phase of OTC Derivatives Reporting Rules

The Monetary Authority of Singapore (MAS) has implemented the final stage of its reporting regulations for OTC derivatives under the Securities & Futures Act (SFA). This phase was delayed by a year due to the impact of Covid-19, with the final extension of new reporting obligations coming into force on October 1. The phased in...

EVENT

ESG Data & Tech Summit 2022

This summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

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...