27 Feb 2007
Class Editori and Thomson Financial announce a strategic agreement to create a financial data workstation in Italy
Milan, Italy and London, UK
eClass, the Class Editori company which supplies financial information and
market data by satellite and via the internet, and Thomson Financial, an
operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC), and
leading provider of information and technology solutions to the worldwide
financial community, today announced a strategic agreement to create the
Mf/Thomson solution for the Italian financial community.
The workstation will offer the most comprehensive and tailored market data
trading solution for Italian institutional and retail financial
institutions. The new Mf/Thomson solution combines:
- Italian-specific content and analytics from eClass with the full breadth and depth Thomson Financial’s market leading global content sets, including IBES earning estimates, M&A and capital market deal data, Worldscope fundamentals and ownership data
- Both companies’ network connections to ensure Mf/Thomson is fully compliant with the Italian markets
- Both companies’ high standards of customer service and support.
The first installation of the Mf/Thomson solution is near completion at one
of the largest banks in Italy. The solution was chosen due to the
service’s completeness and ease of use, offered at an overall lower
total cost of ownership.
Richard Garnier, Managing Director, Continental Europe, Thomson Financial
commented: “We are pleased to have partnered eClass to create the
Mf/Thomson workstation, which has been tailored to meet the unique workflow
and content requirements of the Italian financial community. Initial
reaction from market trials has been extremely positive, particularly
concerning the advantages of combining Thomson’s market leading
global content with eClass’ local knowledge of the Italian financial
community”.
Paolo Panerai, editor in chief of Class Editori added: “We selected
Thomson Financial as our partner to service the Italian financial community
because of its commitment to creating tailored workflow solutions supported
by its global market leading content. This complements the unique
understanding of the needs of the Italian financial community that our
Mf/Milano Finanza solution suite has attained from its long expertise of
dedicated service to this market.”
The Mf/Thomson workstation solution complements the eClass branded
Mf/Milano Finanza solutions which are targeted at the off-trading floor
community, served by Mf Sat and Mf web and aimed at the principal banks,
brokerage firms and private operators.
About Class Editori
Class Editori is the leading
publisher in financial news and the luxury goods and lifestyle industries.
Founded in 1986 by Paolo Panerai, it has developed over the years becoming
a multimedia group transmitting information across all communication
channels. The group's portfolio encompasses the newspapers MF/Milano
Finanza and Italia Oggi. magazines (Capital, Class, Campus, Gentleman,
Luna) and the news agency MF-DowJonesNews, in joint venture with Dow Jones
& Co.
New media operations include the digital satellite tv Class CNBC, the
digital terrestrial tv Class News, and Class Life, the first television
channel dedicated to life's pleasures. Class Editori's multimedia
operations include interactive digital tv platforms delivering financial
and corporate tv services for banks and businesses, FM and satellite radio
(WorldSpace Italia, Radio Classica/Milano Finanza), airport and metro video
communication facilities (Telesia Sistemi),information Web portals
(www.milanofinanza.it,
www.italiaoggi.it).
Class Editori shares (Ticker: CLE) are listed on the Milan Stock
Exchange
About Thomson Financial
Thomson Financial, with 2006 revenues of US$2 billion, is a provider of
information and technology solutions to the worldwide financial community.
Through the widest range of products and services in the industry, Thomson
Financial helps clients in more than 70 countries make better decisions, be
more productive and achieve superior results. Thomson Financial is part of
The Thomson Corporation
(www.thomson.com), a global leader in providing
essential electronic workflow solutions to business and professional
customers. With operational headquarters in Stamford, Conn., Thomson
provides value-added information, software tools and applications to
professionals in the fields of law, tax, accounting, financial services,
scientific research and healthcare. The Corporation’s common
shares are listed on the New York and Toronto stock exchanges (NYSE:
TOC; TSX: TOC).
Contacts
Gian Marco Giura
Manager Communications - Investor Relations
Class Editori
Tel: 02 58219395
Mobile: 328 4178927
Email, Investors and Analysts
Email, Press
Alex Brog
Director, Public Relations, Europe
Thomson Reuters
Tel: +44 020 7324 6986
Fax: +44 020 7566 1971
Email