Thomson Reuters has signed a three-year deal with the ECB to roll out Thomson Reuters Eikon desktops across the ECB and 18 participating national central banks.
Thomson Reuters, named one of Ethisphere’s 2013 “World’s Most Ethical Companies” for fifth successive year and voted as best global Investor Relations Services Provider by IR Magazine 2012 Global IRO Survey, has earned itself the largest market data purchasing initiative managed by the Eurosystem Procurement Coordination Office (EPCO) which has a role to foster the participation of the ECB and the national central banks in joint procurement actions.
A statement made available to Blank NEWS Online on Wednesday, March 6, 2013 by Tarek S. Fleihan, Manager, External Communications/PR Middle East, Africa and Russia, disclosed that, “Thomson Reuters Eikon is designed to provide a powerful and intuitive next-generation solution for consuming real-time and historical data, connecting with the financial markets community and executing financial markets transactions across asset classes such as foreign exchange (FX), fixed income, commodities, equities and derivatives.
“It realizes Thomson Reuters vision for a financial markets desktop that is intelligent, simple and social. Driven by powerful search engine technology, Eikon carries real-time data, news, charts, insightful commentary, analytics and trade execution tools through views that can be customized to individual user preferences and workflow.”
Also Peter Moss, managing director of Trading, Thomson Reuters said, “Thomson Reuters is incredibly proud to form this long-term partnership with the European Central Bank in order to roll-out Eikon desktops across many of Europe’s central banks.
“We are getting great feedback from our customers regarding usability and performance in Eikon as well as excitement around innovations we are making in areas such as search and visualization. Our customers recognize how simple we have made it to navigate and analyze the unrivalled depth of content we have which alongside key social tools and advanced analytics makes for a very powerful one-stop solution.”
Speaking further on the new deal, Mora Golding from the European Central Banks’s market data management said: “The European Central Bank is always looking for ways to improve access to market information, encourage collaboration and increase cost efficiencies for its members. We appreciate Thomson Reuters Eikon as a powerful financial markets desktop that makes it easy for our users to find and analyze the information they need and connect with their peers, both at their desk and through mobile devices.”
The 18 participating national central banks are Nationale Bank Van Belgie, Deutsche Bundesbank, Central Bank of Ireland, Bank of Greece, Banco de España, Banque de France, Banca d’Italia, Central Bank of Cyprus, Banque centrale du Luxembourg, Magyar Nemzeti Bank, Central Bank of Malta, De Nederlandsche Bank, Oesterreichische Nationalbank, Banco de Portugal, Banka Slovenije, Narodna Banka Slovenska, National Bank of Romania and Suomen Pankki-Finlands Bank.
Recall that Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals which combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization.
It has its headquarters in New York and major operations in London and Eagan, Minnesota, with approximately 60,000 people in its employ and operating in over 100 countries.
