Hong Kong – Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced it has been named Data Provider of the Year at Energy Risk Asia’s 7th Annual Awards. The awards recognize companies for their role in providing the most innovative solutions to the commodities and energy markets in Asia.

Thomson Reuters was recognized for the outstanding content, connectivity and growing ecosystem of applications delivered through Thomson Reuters Eikon, its flagship financial desktop. In particular, the Asia Oil Flow and Asia Oil Swap Curves capabilities that collate comprehensive data around oil cargoes movements and price trends of oil products in Asia made Thomson Reuters submission stand out.

This is the third time this year Thomson Reuters has been recognized by Energy Risk for its innovation and depth of content. Earlier this year, the company won the same category in Energy Risk Europe & America Awards 2014, owing to its ability to supply customers with detailed real-time and historical news, information and analytics, as well as price forecasts based on supply and demand fundamentals. It also came in Number 1 in this year’s Energy Risk Annual Software Ranking under the “Ease of Using the System” category.

“This award is yet another testament to our strength in the Asia’s commodities and energy sector, which is increasingly demanding greater capability in monitoring, predicting and narrating real-time market movements. Developing new tools and technologies to enable faster decision-making, user navigation and improved standards of compliance is core to our commitment to our customers in Asia,” said Sanjeev Chatrath, managing director for Asia, Financial & Risk, at Thomson Reuters.

“Thomson Reuters is a global giant when it comes to data. But it has also proven nimble enough to respond to the specific needs of Asian energy market participants,” said Mark Pengelly, Editor of Energy Risk. “This agility is demonstrated by the continuing expansion of two Asia-focused initiatives, Asia Oil Flows and Oil Swaps Curve, which both received excellent feedback from clients who spoke with Energy Risk.”

The Energy Risk Asia Awards recognise excellence across the Asian commodity and energy markets, with a particular focus on client service. The awards are run by Energy Risk, the leading global title on commodity trading and risk management, which is now in its 20th year. Entries for the awards are judged by Energy Risk’s experienced editorial staff, with input from external industry sources.

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