Reuters (NASDAQ: RTRSY) has teamed up with Dominion Bond Rating Service (DBRS), Canada's leading global ratings agency, to distribute DBRS' rating decisions and commentary.
This announcement supports the need for more detailed information on creditworthiness and credit trends as part of financial traders’ decision-making process.
Financial market professionals will have access to DBRS' credit rating announcements from Reuters premium products, including its flagship Reuters 3000 Xtra, Reuters Trader and Reuters Station services. The new service brings market professionals immediate access to all of DBRS's market-moving decisions.
"I am delighted that DBRS is working with Reuters to provide our content to their customers. This is part of our continuing efforts to ensure that our opinions are made available in real time, to as wide a range of investors as possible," says Walter Schroeder, President of DBRS.
Glenn Wright, Business Manager of Fixed Income for Reuters Americas region, commented: "There is a large appetite in the financial community for quality creditworthiness information. Reuters is pleased to be working with industry specialists like DBRS to bring the market reliable credit information via our real-time network and historical databases."