S&P Global (NYSE: SPGI), a provider of analytics and data to the financial markets, has teamed up with Thomson Reuters to roll out a new suite of transcript data services aimed at supporting market participants with enhanced search options, making it easy to identify the information required for analysis.
The two parties have agreed to a long-term commercial relationship which will result in product and data collaboration between Thomson Reuters Financial & Risk and S&P Global’s Market Intelligence division, a leader in multi-asset class research data and insights.
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Through this strategic relationship, S&P Global Market Intelligence data will feed Thomson Reuters desktop platforms and serves as a major provider of events coverage for both public and private companies. This includes complete coverage of companies in the S&P 500 and other leading stock market indices. Furthermore, the combined efforts saw S&P Global Market Intelligence adding several new tagging fields for transcripts within the Event Driven Alerts (EDA) delivery.
Thomson Reuters’ Eikon customers, including those of Thomson One and Thomson Reuters feeds, will benefit from comprehensive coverage of specific earnings conference calls, guidance/update calls, sales/trading calls, special calls, shareholder/analyst days and annual board meetings.
Mike Chinn, President of S&P Global Market Intelligence, commented: “We are excited to extend S&P Global Market Intelligence’s robust and industry leading transcript data to Thomson Reuters customers. This arrangement speaks to the growth and depth of our data, which is critical for customers who rely on the most comprehensive information to meet their business needs.”
Pradeep Menon, Global Head of Investment and Advisory at Thomson Reuters, added: “Customers of both of our companies will benefit from our agreement with S&P Global Market Intelligence. Providing best-in-class services remains our key priority and we are delighted to work with S&P Global Market Intelligence to continue to enhance our transcript, audio, and presentation offerings to better serve our customers.”