Thomson Reuters today announced the launch of a powerful, new tool that supports investment professionals' needs for tighter integration between macroeconomic research and fundamental analysis.
Thomson Reuters Datastream Professional combines unrivalled economic research with cross- asset analytics and fundamental data in one integrated application. This supports Thomson Reuters goal to deliver superior content analytical tools to improve investment workflows and achieve increased alpha.
Alois Pirker of Aite Group said, "Datastream Professional is a valuable development for the investment community. Facing a vast amount of data, investors have been in need of a tool that allows them to analyze and focus on the assets and sectors relevant to them. The intuitive nature and the user- friendly interface of Datastream Professional enables users to easily explore an array of data to distinguish data applicable to specific needs and analyze that data for measurable trends."
As global events, such as the Eurozone and US debt crises, make a greater impact on financial markets, investors are placing increasing importance on top-down macro analytics to support their investment processes. Datastream Professional is a new product that combines the world's largest historical financial database, Datastream, with critical real-time market data, global news from Reuters and powerful analytical tools - all within the one solution. Together with leading fundamental data and asset analysis from Thomson Reuters, such as I/B/E/S estimates, StarMine equity analytics, ASSET4's environmental, social responsibility and corporate governance content, First Call broker research, StreetEvents corporate disclosure information, Datastream Professional makes it easier to identify global developments and target the right assets, sectors and countries to invest in.
Neil Masterson, managing director, Investors, Thomson Reuters said, "Challenging economic circumstances, growing sovereign debt and greater focus on new areas like the emerging markets are driving investment professionals' needs for a single tool that integrates top-down macroeconomic research andrch and bottom-up fundamental analysis in one place. Datastream Professional is a major leap forward for the investment community and is designed to deliver the content, analytics and tools they need to spot opportunities quickly and test theories with greater confidence."
The platform's powerful search tool provides intelligent searching, ranking and filtering across all time-series and intuitively suggests links to relevant content, allowing the user to easily navigate and explore the range of data to identify their needs, whether news, indices, analytics or macroeconomics. It incorporates sophisticated charting and correlation analysis, making it easier to examine relationships and trends between assets at the touch of a button.
Thousands of pre-built economic charts, developed by Thomson Reuters and Fathom Consulting, are embedded in the system. These and others in the chart library integrate seamlessly with Microsoft Office applications and can be updated dynamically through the Datastream Professional connection. Professionals' own proprietary data can also be used alongside third party data. Team members can also collaborate in real time, adding comments, sharing insights with colleagues globally through instant messaging and chat-rooms.
Datastream Professional can be accessed via its secure, web-based solution, iPad, mobile devices or within Microsoft Office.