Thomson Financial to market CMS BondEdge to European asset managers
Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, and CMS BondEdge, a division of Interactive Data Corporation, (NYSE: IDC) today announced an agreement whereby Thomson Financial will market the BondEdge fixed income portfolio analytics system alongside Thomson ONE for Investment Management, to institutional asset managers in Europe.
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
BondEdge, an industry leading solution for fixed income portfolio analytics, complements Thomson ONE for Investment Management and demonstrates Thomson Financial's commitment to the investment management community with its best of breed approach to the industry. Thomson ONE for Investment Management offers leading equity portfolio analytics along with research, real-time data and single security analytics, including the market leading Thomson Datastream historical time series application. The BondEdge system is a long-established leader in fixed income portfolio analytics, offering both returns-based attribution as well as factor-based attribution, along with a variety of other portfolio reporting, simulation and benchmark comparison tools.
David Bilbé, European Commercial Director, Thomson Financial said: "Many of our clients and prospects throughout Europe have expressed a desire to obtain both equity and fixed income portfolio attribution from a single provider. Market leading equity attribution is already embedded into Thomson ONE for Investment Management. As we are committed to providing clients with best of breed applications, it made sense to draw on the expertise CMS BondEdge has developed in fixed income portfolio analysis solutions over the last 25 years to address this opportunity in Europe."
Laurie Adami, President of CMS BondEdge, added: "Fixed income attribution is clearly becoming increasingly important in the European market and clients want to work with a credible partner that can deliver a solution that is aligned to their requirements. Thomson Financial has such a strong presence with the asset management community in Europe and we recognized that working together would allow us both to serve the needs of this market effectively."
Thomson Financial's sales force will market the BondEdge application to fund managers across Europe, with CMS BondEdge providing product sales expertise, implementation, client training and ongoing support.