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Weekly News Digest

September 24, 2013 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Thomson Reuters Expands Risk Solutions

Thomson Reuters added Countries of Risk for Legal Entities to its portfolio of risk and regulation solutions. This new solution helps financial institutions manage their risk and regulatory reporting requirements, while measuring a company’s security exposure to more than one country at a time.

StarMine, a division of Thomson Reuters that offers investment research tools and analytics, uses its algorithm to power Countries of Risks, along with Thomson Reuters’ business data and gross domestic product data from the International Monetary Fund.

“In today’s complex and interconnected world, firms need the ability to measure and report risk in investment portfolios as it relates to issuing entities, sectors, asset classes, and countries,” says Tim Lind, global head of middle office at Thomson Reuters. “Our new Countries of Risks offering addresses this critical need by providing the linkage between entities, securities, and different dimensions of risk.”

Thomson Reuters’ goal is to connect the global financial community using its Entity Risk suite of solutions, which have more than 1 million records on business entities (filings and reports on companies and their subsidiaries, joint ventures, and affiliates) from 150-plus countries. “Entity data is central to analyzing your exposure and untangling the complex dimensions of modern business entities which may have hundreds of subsidiaries spanning multiple regions, geographies and activities,” according to the Entity Risk website.

Source: Thomson Reuters



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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