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

Share article

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: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

Date: 16 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU...

BLOG

Refinitiv Acquires GIACT to Boost Risk and Compliance Capabilities

Earlier this month, Refinitiv signed a definitive agreement to acquire Giact System (GIACT), a US-based specialist in digital identity, payments verification and fraud prevention, in order to boost its existing risk and compliance capabilities. RegTech Insight spoke to the key participants in the deal to learn more. The acquisition of GIACT comes at a time...

EVENT

Data Management Summit Virtual

The Data Management Summit Virtual will bring together the global data management community to share lessons learned, best practice guidance and latest innovations to emerge from the recent crisis. Join us online to hear from leading data practitioners and innovators from the UK, US and Europe who will share insights into how they are pushing the boundaries with data to deliver value with flexible but resilient data driven strategies.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...