March 10, 2016
Thomson Reuters Announces Enhanced Content and Workflow for Analysts and Portfolio Managers in its Flagship Platform Eikon
NEW YORK/LONDON – Responding to the needs of analysts and portfolio managers to have access to a comprehensive suite of data, news and analytic solutions via a single access point, Thomson Reuters today announced that its flagship financial desktop, Eikon, now contains all of its leading financial content sets in one platform, with web-style search and applications for investment idea generation, all built in.
Thomson Reuters Eikon customers can now access I/B/E/S estimates, Reuters news, unique StarMine quant models, the widest set of environmental, social and governance (ESG) measures in the industry, a renowned Deals database, fund ratings from Lipper, Datastream economics and other products. This is the first time all these content sets have been available in a single platform, potentially enabling users to make more connections between data sets, gain unique insights and generate new ideas.
These tools are designed to enable Eikon users to accelerate their research process by screening companies using financial measures, quantitative models, and non-financial metrics such as environmental, social or governance data points. Eikon is also designed for investment professionals to more easily value securities across all asset classes in a given portfolio, with users able to monitor their portfolios against real-time benchmarks at the portfolio, group, and security level.
Eikon’s ESG database contains information on more than 5,000 global companies and over 400 metrics, including all exclusion (ethical screening) criteria and all aspects of sustainability performance, offering investors a tool for in-depth, socially responsible investment analysis.
Through App Studio, Eikon’s third party development suite, specialist applications and content can be easily integrated within the Eikon desktop. This open approach allows users to benefit from access to financial apps created by third party developers globally, built directly into Eikon.
“Eikon is seeing unprecedented growth among the research, portfolio management and wealth advisory community. The growth is driven by making the full depth and breadth of TR content and analytics integrated into the Eikon workflow and visual experience. The addition of ESG to Eikon is another important milestone in Eikon’s evolution for buy-side users,” said Ranjit Tinaikar, managing director, advisory and investment management, Thomson Reuters. “As the search for alpha becomes more competitive, these enhancements further reinforce our commitment to helping our clients find the insight to generate innovative investment ideas.”
“With Eikon, the transition from a legacy system has proved to be much smoother than expected, eliminating the fears of a steep learning curve,” said Daniel O’Reilly, vice president, portfolio analytics, Beutel, Goodman & Company, Ltd. “The design of the new system, with its universal search function, makes finding information very easy. Within a day or two, the new way of doing things seems far superior to the old menu-driven interfaces on the legacy products, and support from Thomson Reuters has been excellent.”
Added Steve Wyett, SVP and chief investment strategist, private wealth, BOK Financial: “We chose Eikon to streamline and consolidate products from multiple vendors to a single platform across The Private Bank Investment Management Group, giving them a powerful set of tools with a very intuitive interface. Some of the key benefits are real-time monitoring of client portfolios, easy access to breaking news, comprehensive Datastream charting for client presentations and an easy to use-Excel add-in – all in a consistent platform across the team. We also appreciate the mobile access to Eikon from different devices so we can access market-moving information from the road. We are happy to be aligned with a company that has shown a willingness to continue to invest in their products to make sure they remain at the forefront of available options.”
Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is open, connected, informed and intelligent, and provides access to a messaging community of over 250,000 financial professionals.
Eikon is an open platform, customizable to the individual needs of a financial professional or institutions. Users can connect with clients and/or peers through Eikon Messenger in a secure and compliant manner. Eikon Messenger is available as part of an Eikon subscription or as a free, stand-alone service.
Other recent Eikon enhancements include: Buy-Side Optimized Workflow (BOW), a dashboard tailored specifically for buy-side equities traders; an expansion of commodities supply chain insights on Commodity Trade Flows; and Healthcare Intelligence, which leverages content from Thomson Reuters Cortellis to offer easy access to comprehensive drug pipeline data for a given medical indication.
Thomson Reuters
Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.