Buyside Users Benefit from Enhanced Financial Data on Charles River Solution

Specialist technology provider for the Buyside, Charles River, has extended its market data capabilities by adding new sources of data. The provider has included Thomson Reuters' pricing and reference data, users will benefit from a Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term selection of products. The move highlights the growing importance of diversity of financial instruments as users explore opportunities across the spectrum.

Charles River extends the capabilities of its benchmark Data Service, the system offers reference and issuer data, real-time pricing and a new security set-up. The inclusion of Thomson Reuters data gives users a cost effective one-stop solution.

Buyside users have been one of the fastest growing segments trading cross- assets, in the last BIS FX Survey, the segment accounted for 11% of total volumes. Asset managers have increased their FX dealings as they trade in emerging market asset classes, the new data sets cover information from over 180 exchanges.

Brad Haigis, director, Charles River Data Service, commented about the product extension in a statement: “Ensuring consistent, quality data for end users is one of the biggest challenges for investment firms industry wide; Charles River’s Data Service solves this challenge for clients while simplifying operations and lowering costs.

We continue to partner with top-tier data sources to enhance our service, which currently delivers global equity and US fixed income reference data. The addition of Thomson Reuters pricing, reference and legal entity data, as well as Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term represents a strategic expansion to provide clients with a more complete global offering, including security master data for international corporate and government fixed income instruments.”

Thomson Reuters has been a pioneer in multi-asst data solutions for financial market participants, apart from a cross-asset coverage, the firm provides historical data, dating back twenty years. Thomson Reuters is an originator, consolidator and value add re-distributor of security and financial instrument data with hundreds of sources and partners.

Kate Toumazi, global head of Risk Data Services, Thomson Reuters commented: “We’re delighted to partner with Charles River to have them resell our data as a key component of their data service.

Clients are increasingly looking for rich, global, high-quality data covering all asset classes, and this strategic agreement with Charles River validates Thomson Reuters offering as meeting those customer demands.”

Charles River has gradually been evolving its suite of products and services for the asset management sector, earlier his year it enhanced its compliance functionality.