Source: Odyssey Asset Management Systems
Reuters (LSE: RTR.L, NASDAQ: RTRSY), the global information company, announced today that Reuters DataScope, its complete back-office reference and historical data solution, has entered into an alliance with Odyssey Asset Management Systems, an industry leader in the provision of investment management solutions.
Reuters DataScope's universal breadth of data content can now be accessed via Odyssey's sophisticated Triple'A Portfolio Management system, the Advisor Relationship Management system and Nexus, its centralized repository for financial data.
The combined solutions offer clients the ability to use Reuters DataScope's high quality reference and pricing data for portfolio valuations - either using Triple'A or Advisor, or over other financial data consuming systems using Nexus as the centralized data hub.
Caroline O'Shaughnessy, Head of Third Party Alliances for Reuters DataScope, said, "This is a key step in providing turn-key solutions for our European clients – helping them not just to make the most of our universal data coverage, but solving
their regulatory issues too. By providing our global data sets alongside the key data requirements such as EUSD and Basel II, we are making sure that our clients have the freedom to concentrate on their clients have the freedom to concentrate on their own business needs."
Mario Orphanou, Business Solutions Manager for data management products at Odyssey Asset Management Systems, said: "We are very excited about making Reuters DataScope's trusted content available over Odyssey's leading products. Customers can now benefit from Reuters DataScope's high quality data, within a short time to market, to enrich their current internal and external data sources. In a time with ever more challenging regulatory requirements, such as Basel II and MiFID, it is important to give our customers the flexibility and freedom to adapt their data strategy with standard functions and tools that will help our customers meet these challenges."
Odyssey Asset Management Systems now offers Reuters DataScope as an optional packaged adaptor with an embedded quality control mechanism for versions of Triple'A, Advisor and Nexus.