Aim-To, a leading solutions provider for the hedge fund industry, today announced the interconnectivity of Thomson Reuters DataScope, the firm's global pricing and security reference data service, with the VerusHedge Security Master
system.
Reuters DataScope provides comprehensive pricing, factors, terms and conditions, corporate actions, cash flows, and analytical data on the universe of equities, options, futures and asset-backed securities including IRS, TRS, CDS and CMO's. This joint product offering is in response to an increased demand for broader coverage of asset classes and data by hedge funds.
AIM-TO's next generation Security Master was co-developed with a major Midwestern hedge fund to streamline integration between different operational systems providing portfolio management, accounting, trade entry and trade allocation. By centralizing the security master information in one system, the cost savings and quality of data both increase the fund's performance.
VerusHedge utilizes a subscriber / provider model that allows Thomson Reuters to seamlessly integrate both historical and real time market data to the hedge fund. "Hedge funds are sophisticated users of both real-time and historical information and we are pleased to be working with AIM-TO to further extend our reach to this important market segment," said Ronald Ramjug Vice President, Thomson Reuters. "We feel the combination of Thomson Reuters renowned and comprehensive market data with AIM-TO's expertise in helping hedge funds integrate legacy systems into a common security master platform will bring valuable service to the financial industry."
"We are very excited to count Thomson Reuters as our distinguished partner," said Stephen Casner, Chief Executive Officer, AIM-TO. "The demand for comprehensive data within our industry is unrelenting and Thomson Reuters products are delivering for our clients each day."