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

A-Team Insight Blogs

Thomson Reuters Increases Frequency of Reference Data Delivery with DataScope Equities Plus

Thomson Reuters continues to build out its strategy of making products as flexible and easy to use as possible with the introduction of Thomson Reuters DataScope Equities Plus, a bulk data feed solution that moves on from intra-day reference data delivery to provide updated data every 15 minutes. Pricing data continues to be supplied on an end-of day basis, but with corrections and late market changes delivered via DataScope Equities Plus as they become available.

Stuart Martin, global head of asset servicing, Thomson Reuters, explains: “We can now provide interested DataScope Equities customers with time sensitive, flexible and individualised bulk information to help maximise their trade and post-trade capabilities. With this release, we emphasise our global strategic commitment to offer market leading solutions that meet both industry demands and regulatory standards.”

Martin views DataScope Equities Plus as an enhancement for existing customers of DataScope Equities and an option for prospects such as large banks, fund administrators and custodians that are looking for bulk reference data capabilities, but says no products will be decommissioned as a result of the new service. Instead, he expects some customers to select certain attributes of DataScope Equities Plus as supplements to existing services.

DataScope Equities Plus has been available since late summer and will be updated with additional content in the first quarter of next year. It is being implemented by two customers, one in the UK and one in Asia, and is also being integrated with Thomson Reuters enterprise data management partners’ systems to ensure they can consume and distribute the data.

The service has been developed within Thomson Reuter’s DataScope Select non-real time strategic infrastructure and, as such, is part of the company’s long-term plan to pull together the pricing and reference services, financial crime and enterprise risk management solutions within its finance and risk business. Martin explains: “We are pulling together our capabilities across vertical sectors and looking to channel as much data as possible through DataScope Select. By consolidating and centralising data we will be able to provide the same level of distribution capability across the data and customers will be able to extract the data they need and improve productivity in workflows.”

Related content

WEBINAR

Recorded Webinar: The post-Brexit UK sanctions regime – how to stay safe and compliant

When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The regime is fundamentally different to that of the EU, requiring financial institutions to rethink their response...

BLOG

A-Team Group Names Winners of Data Management Insight Awards 2020

A-Team Group has announced the winners of its prestigious Data Management Insight Awards 2020. The annual awards, now in their eighth year, recognise leading providers of data management solutions, services and consultancy to capital markets participants. The award winners were announced online across categories ranging from best sell-side and buy-side data management platforms to best...

EVENT

LIVE Briefing: ESG Data Management – A Strategic Imperative

This breakfast briefing 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

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...