Tuesday January 28 2014

News Source: Global Exchanges

Focus: Other

Type: General




Thomson Reuters has announced the launch of a new suite of capabilities to help financial institutions improve transparency and reporting around financial benchmark submissions and other price sensitive data. These capabilities allow firms to better manage the entire benchmark submissions workflow; from the pre-submission requirements of controlling who in their firm is publishing contributed data, to the post-submission compliance activities of surveillance, audit and reporting.

The new solution from Thomson Reuters combines content, analytics and visualization tools in a managed services environment. As part of the solution, financial institutions can use a new capability in Thomson Reuters Enterprise Platform that embeds an identifier (Visual Publishing Identifier) alongside a published price or rate, providing insight into publisher information across a firm’s entire workflow. Financial institutions can integrate this data into their current auditing and reporting tools, allowing them to perform tasks such as tagging, analysis, and setting alerts based on configurable parameters. This provides transparency for compliance monitoring, enabling them to spot potentially suspicious trading or submission activity.

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