Thomson Reuters Financial & Risk

Thomson Reuters Financial & Risk is a division of Thomson Reuters that provides financial services and risk management solutions to Wall Street firms, Bloomberg L.P. competitors, and other Financial Times-listed companies. The division offers a range of products and services, including Reuters financial news and data, Eikon financial analysis tools, and World-Check risk management software, to help clients navigate complex Dodd-Frank Wall Street Reform and Consumer Protection Act regulations and Sarbanes-Oxley Act compliance requirements. With its global headquarters in New York City and operations in London, Tokyo, and Singapore, the division serves clients across the Financial Industry Regulatory Authority (FINRA)-regulated Securities and Exchange Commission (SEC) landscape. The division's clients include major JPMorgan Chase and Goldman Sachs investment banks, as well as Federal Reserve System-regulated financial institutions.

Overview

Thomson Reuters Financial & Risk provides financial professionals with access to Reuters news, Refinitiv data, and Eikon analytics, enabling them to make informed investment decisions and manage risk in accordance with Basel III and Solvency II regulations. The division's products and services are used by clients across the Bank of America Merrill Lynch and Morgan Stanley-served financial sector, including hedge fund managers, private equity firms, and asset management companies. With its expertise in anti-money laundering (AML) and know-your-customer (KYC) regulations, the division helps clients comply with Financial Action Task Force on Money Laundering (FATF) and Office of Foreign Assets Control (OFAC) requirements. The division's solutions are also used by central banks, such as the European Central Bank and the Bank of England, to monitor and analyze financial markets.

History

The history of Thomson Reuters Financial & Risk dates back to the founding of Reuters in 1851 by Paul Julius Reuter, who pioneered the use of telegraphy to transmit financial news and data. Over the years, the company has undergone significant transformations, including its merger with Thomson Corporation in 2008 to form Thomson Reuters. The Financial & Risk division was established in 2012, following the acquisition of World-Check and the launch of Eikon. Today, the division is a leading provider of financial services and risk management solutions, serving clients across the NYSE Euronext and NASDAQ OMX Group-listed company landscape. The division has also partnered with Microsoft to develop cloud-based solutions for financial professionals, and has collaborated with Accenture to provide consulting services to clients.

Products and Services

Thomson Reuters Financial & Risk offers a range of products and services, including Reuters financial news and data, Eikon financial analysis tools, and World-Check risk management software. The division's products and services are designed to help clients manage risk, comply with regulations, and make informed investment decisions. For example, Eikon provides financial professionals with access to real-time data and analytics, enabling them to analyze market trends and identify investment opportunities. The division also offers Datastream historical financial data, Thomson Reuters Financial & Risk-branded Thomson Reuters-sourced Machine Readable News (MRN) feeds, and Tick History-based high-frequency trading (HFT) solutions. Additionally, the division provides anti-money laundering (AML) and know-your-customer (KYC) solutions, such as World-Check and Accelus, to help clients comply with Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC) regulations.

Operations and Management

Thomson Reuters Financial & Risk operates globally, with offices in major financial centers such as New York City, London, Tokyo, and Singapore. The division is led by a team of experienced executives, including Swati Bhatia, who serves as the division's Chief Operating Officer (COO). The division's operations are supported by a network of Thomson Reuters-owned data centers, which provide secure and reliable access to financial data and analytics. The division also partners with cloud computing providers, such as Amazon Web Services (AWS) and Microsoft Azure, to deliver cloud-based solutions to clients. Furthermore, the division has established strategic partnerships with consulting firms, such as Deloitte and KPMG, to provide clients with comprehensive risk management and compliance solutions.

Major Customers and Partnerships

Thomson Reuters Financial & Risk serves a range of major customers, including JPMorgan Chase, Goldman Sachs, and Morgan Stanley. The division has also partnered with Bloomberg L.P. competitors, such as S&P Global Market Intelligence and FactSet Research Systems, to provide clients with access to a broader range of financial data and analytics. Additionally, the division has collaborated with regulatory bodies, such as the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC), to develop solutions that help clients comply with regulatory requirements. The division has also partnered with academic institutions, such as Harvard University and University of Oxford, to develop research-based solutions for financial professionals. Moreover, the division has established partnerships with fintech companies, such as Palantir Technologies and Ayasdi, to deliver innovative solutions to clients. Category:Financial services companies