21 Sep 2009
MEDIA ADVISORY: Thomson Reuters to Roll Out Thomson ONE Wealth Management to 2500 Oppenheimer & Co. Inc. Employee Desktops
Thomson Reuters today announced it will rollout Thomson ONE Wealth Management to 2500 employee desktops, including 1700 Financial Advisors, at Oppenheimer & Co. Inc., a leading investment bank and full service investment firm that provides financial services and advice to high net worth investors, individuals, businesses and institutions. As part of the multi-million dollar contract, the rollout of Thomson ONE Wealth Management will replace the current Reuters Plus platform which has been in place at Oppenheimer for many years.
Thomson ONE Wealth Management is a complete and powerful collection of productivity and decision support tools that enable financial advisors to win client confidence by enhancing their ability to make informed recommendations and manage portfolios effectively. Thomson ONE Wealth Management supports every facet of the wealth management process. Future applications include tools to integrate advanced portfolio management and book management. Thomson ONE Wealth Management combines essential wealth tools and real-time market data into workflow solutions that allow financial advisors the time and capabilities to strengthen client relationships through sophisticated portfolio management and analysis.
“Oppenheimer has been a long time, highly valued customer and we’re delighted to continue the relationship with the rollout of Thomson ONE Wealth Management,” said Chris Perry, President, Americas, Thomson Reuters. “Oppenheimer Financial Advisors now will have the advantage of the greater functionality that makes Thomson ONE Wealth Management such a powerful workflow tool for today’s financial professional,” said Perry.
“Oppenheimer Financial Advisors and branch managers can continue to manage and grow their business directly from their desktop,” said Thomas Riordan, Oppenheimer Managing Director, Chief Information Officer. “Increased functionality provided by Thomson ONE will improve service level to clients which will significantly benefit our Financial Advisors over time.”
About Thomson Reuters
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 50,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto Stock Exchange and New York Stock Exchange. For more information, go to www.thomsonreuters.com.
About Oppenheimer
Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), through its principal subsidiaries, Oppenheimer & Co. Inc. (a U.S. broker-dealer) and Oppenheimer Asset Management Inc., offers a wide range of investment banking, securities, investment management and wealth management services from over 94 offices in 26 states and through local broker-dealers in 4 foreign jurisdictions. Oppenheimer employs over 3,500 people. The Company offers trust and estate services through Oppenheimer Trust Company. OPY Credit Corp. offers syndication as well as trading of issued corporate loans. Evanston Financial Corporation is engaged in mortgage brokerage and servicing. In addition, through Freedom Investments, Inc. and the BUYandHOLD division of Freedom, Oppenheimer offers online discount brokerage and dollar-based investing services.
Contacts
Janice Addams
Senior Manager, Public Relations
Thomson Reuters
Tel: +1 646 223 6940
Email