Aqumin, a new financial services company specializing in the integration of large scale complex financial data into a single easy to interpret visual environment, has entered into an agreement with Thomson Reuters (NYSE: TRI; TSX: TRI; LSE: TRIL; and NASDAQ: TRIN) as Aqumin's premier provider of global equity data.
The agreement with Thomson Reuters supports Aqumin's upcoming launch of a global fixed income visual search tool.
Under the agreement, Aqumin will provide Thomson Reuters comprehensive information from its Reuters Knowledge and DataScope Select product suites to financial professionals through Aqumin's innovative multi-dimensional market interpretation system. The data will supply Aqumin and its customers with a broad array of financial information including global fundamental data, global business segment data and estimates along with end of day pricing and historical data for global equities. In all, over 43,000 global equities issues will be available in a seamless global data environment on the desktop.
"Thomson Reuters is committed to providing intelligent information to the global marketplace and we are constantly striving to help our customers extract greater value from the ever growing mass and complexity of data they analyze. As part of our strategy to achieve this we are working with innovative services such as Aqumin's new financial analysis system, offering 3D visualization to provide customers deeper insight. We look forward to working with Aqumin in our endeavor to deliver market leading content and analytic tools to the financial community," Mike Powell, Global Head of Enterprise Information, Thomson Reuters.
"Aqumin chose Thomson Reuters to provide data for our flagship software system because of Thomson Reuters breadth of data, ease of integration and respected brand world-wide. Aqumin will help our customers get the most out of the Thomson Reuters data by enabling them to see everything and miss nothing," said Michael Zeitlin, CEO Aqumin LLC.
Aqumin's flagship product, AlphaVision, will be released to the market during the fourth quarter of 2008.