Thomson Reuters Partners with AIM Software to Streamline Client Experience

Thomson Reuters, a source of news and information for professional markets and AIM Software, a provider of enterprise data management (EDM) solutions to the financial services industry, have announced the release of an upgraded and fully standardized adapter that allows buy-side firms to connect DataScope Select pricing and reference data with AIM Software’s EDM platform, GAIN.

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The solution allows investment managers, asset managers and asset servicing firms who use GAIN software to integrate Thomson Reuters pricing - including evaluated fixed income, reference data and 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 more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt 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 more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term with GAIN’s data management platform.

The jointly developed adapter is integrated as an optional component of GAIN, AIM Software’s flagship product. Clients can order the interface directly from AIM Software and contract with Thomson Reuters for the DataScope Select pricing and data necessary to meet their portfolio management and compliance needs.

Highly Customisable

With the improved adapter, GAIN users can choose preconfigured data fields from DataScope Select and then define, set and change their own rules and schedules, as well as monitor the status of all data requests in the system.

The Thomson Reuters solution covers static data and prices for multiple instrument types, and handles end-of-day updates as well as intra-day requests, such as ad hoc instrument opening requests. The adapter also integrates with Thomson Reuters web-service interface.

The need for timely, reliable and transparent information has become ever more important.

Marion Leslie, managing director of Thomson Reuters Regulatory, Pricing and Reference Services, commented, “As financial institutions seek increasingly to optimize operational efficiencies, the need for timely, reliable and transparent information has become ever more important. By integrating our DataScope Select analytics and regulatory content into AIM Software’s GAIN platform, users can Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term an extended data set enterprise-wide that helps them comply with regulatory obligations such as Portfolio Compliance, Solvency II, Global Shareholder Disclosure and Legal Entity Data.”

The special adapter offers GAIN users a far broader range of integrated data sets such as bonds, equities, FX rates, funds, futures and options and reference data, issuer data, legal entity data, corporate actions and regulatory data via the DataScope Select evaluated pricing and reference delivery platform, covering over 2.5 million fixed income securities, derivatives, and bank loans. Furthermore, customers are able to monitor these requests and filter them by status.

This is the latest in a series of synergistic partnerships for Thomson Reuters which recently joined forces with law-firm, Clifford Chance to help global financial institutions tackle their most important regulatory obligations relating to margin rules for uncleared over-the-counter (OTC) derivatives in a more efficicient and cost-effective manner.