Thomson Reuters (NYSE:TRI) has inked an agreement with Dorsey, Wright & Associates (DWA), helping enhance its offering of investment research and portfolio management solutions to Thomson ONE Wealth clients throughout the Americas and Canada, per a company statement.
Thomson Reuters One Wealth platform is responsible for delivering a wide range of financial content within a given workspace, including investment research tools and analytics capabilities. The group’s collaboration with DWA will also see the deployment of its DWA Research Platform, which acts as a web-based technical research platform.
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The partnership is important for ONE Wealth clients as it helps manage and bolster several risk and portfolio management capabilities, which extends to asset classes such as securities, exchange-traded-funds (ETFs) and mutual funds, among others. At the present, the DWA Research Platform also boasts a diverse set of screening capabilities based on relative strength analysis that helps govern macro and micro trends across global markets.
In integrating the DWA Research Platform, Thomson Reuters will also be able to facilitate the multilateral use of DWA’s ETF and mutual fund reports for its clientele, as well as enabling the use of other utilities such as its multi asset class model portfolios.
According to David Akellian, Global Managing Director of Thomson Reuters Wealth Management, in a recent statement on the partnership: “Our customers increasingly turn to Thomson Reuters to access a wide breadth of research tools and insights delivered through one platform. Delivering data from Dorsey Wright, a Nasdaq Company, on Thomson ONE offers advisors access to additional solutions to help them achieve desired outcomes for clients.”
“This powerful platform can be a very valuable tool to today’s financial professional, providing timely market insights, as well as technically strong investment ideas rooted in the fundamental law of supply and demand,” noted Jay Gragnani, Executive Vice President, Dorsey, Wright & Associates, in an accompanying statement.