National Australia Bank (NAB) builds on its long-standing relationship with Thomson Reuters today, by adopting its next generation financial markets desktop, the Thomson Reuters Eikon terminal. Eikon will be deployed across NAB’s Hong Kong trading floor to improve staff productivity and cross-market communication, according to the official announcement from Thomson Reuters.
The Eikon platform covers 175 currencies from over 2,000 contributing sources, with price discovery from the tradable matching venues EBS and exclusively Thomson Reuters Dealing and Matching. In addition to Foreign Exchange, markets include Fixed-Income, Equities and Commodities, accessible through the next-generation platform.
Commenting on the corporate announcement from Thomson Reuters, Jack Jiang, Director of FX Trading at National Australia Bank said, “Thomson Reuters Eikon’s intuitive design, advanced visualization and social tools help our traders get to the data and communities they need in an instant. The interface is user-friendly and logical, the data is very accessible and the calculation tools are easy to use, saving us time and resulting in trading efficiencies.”
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As per the company description, the Eikon desktop platform is driven by powerful search engine technology and carries real-time data, news and charts as well as commentary, analytics and execution tools, connecting financial institutions with a network of 200,000 financial professionals across the global markets, as well as with colleagues across companies’ respective organizations within the network.
The ability to quickly make sense of the vast amounts of market data is a constant challenge that companies strive to address with products such as Eikon, which is positioned as a solution to this evolving dilemma as the speed of market data and trading increases.
“This partnership with National Australia Bank is a shining example of how Thomson Reuters works closely with its clients to bring the power of the latest innovative tools and technologies to their business,” said Sanjeev Chatrath, Managing Director, Region Head – Asia, Financial & Risk at Thomson Reuters.
Mr. Chatrath added to the corporate announcement regarding the news, “We continue to see exceptional growth in client adoption of Thomson Reuters Eikon in Asia and globally, making it the benchmark for the industry. The use of Thomson Reuters Eikon across National Australia Bank’s trading floor in Hong Kong will deliver significant productivity and market intelligence gains by enabling traders and analysts to quickly and intuitively analyze large volumes of data using a market-leading solution.”