Thomson Reuters Selected To Power Dow Jones Indexes' US Index Data Business
Deal Includes Iconic Dow Jones Industrial Average
Chicago — Thomson Reuters today announced that its Elektron high-performance trading and data infrastructure has been selected by Dow Jones Indexes to power the index provider’s US index data business, which includes the iconic Dow Jones Industrial Average®.
Elektron will deliver a comprehensive data solution designed to ensure scalability, robustness and performance for Dow Jones Indexes’ real-time US index-data business. The Elektron data integration and distribution solution includes low-latency direct feeds for US index constituent prices along with corporate actions and company fundamentals to support intelligent research and market-moving index calculations.
The deal expands the existing collaboration between the two companies – Thomson Reuters currently supplies real-time data for Dow Jones Indexes’ international indexes.
“The Dow Jones Industrial Average has been the leading benchmark index for US equity markets for more than a century. It is a privilege to be selected as a provider of next generation data solutions to power Dow Jones Indexes US indexes in this era of high performance trading,” said Ralf Roth, managing director, Elektron Feeds and Platform, Thomson Reuters. “The extension of our relationship with Dow Jones Indexes underscores the investment that has gone into ensuring that Elektron delivers the scalability, robustness and performance required to power vital pieces of market intelligence,”
Dow Jones Indexes’ President, Michael A. Petronella, said: “We are always searching for the latest technology to ensure we are providing the most scalable, robust and lowest-latency architectures. Once we made the decision to re-evaluate our vendor relationships as part of a broader technology review, Thomson Reuters clearly demonstrated that Elektron could deliver on all of our performance criteria.”
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.
About Dow Jones Indexes
Dow Jones Indexes is a leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best-known for the Dow Jones Industrial Average, Dow Jones Indexes offers more than 130,000 equity indexes as well as fixed-income and alternative indexes, including measures of hedge funds, commodities and real estate. Dow Jones Indexes employs clear, unbiased and systematic methodologies that are fully integrated within index families. Dow Jones Indexes is part of a joint venture company owned 90 percent by CME Group Inc. and 10 percent by Dow Jones & Company, Inc., a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).
"Dow Jones®," "Dow Jones Indexes," and all other index names listed above are service marks of Dow Jones Trademark Holdings LLC ("Dow Jones"), and have been licensed for use by CME Group Index Services LLC ("CME Indexes").
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