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Reuters launches Datascope Select

18 January 2006  |  3987 views  |  0 Source: Reuters

Reuters (LSE: RTR; NASDAQ: RTRSY) today announced the launch of Reuters DataScope Select, a flexible data delivery solution that provides customers with the ability to retrieve the full range of Reuters' extensive pricing and reference data, at a time and in a manner of their choosing.

Regulations such as Basel II and Sarbanes-Oxley, and the need for fund transparency, are driving the requirement for centralised, automated reference/pricing data management services that reduce operational risk, streamline costs and facilitate front-to-back office data integration.

There is significant pre- and post-trade demand from middle and back office clients across custodians, plan sponsors, fund managers and hedge funds for a solution that puts clients in greater control. Using Reuters DataScope Select, clients can reach across business silos and build a tailored, comprehensive cross-asset data solution to meet their customised needs.

Gary Barr, Business Owner for Reuters DataScope Pricing & Reference Data, said: "Reuters provides extensive, timely, and accurate data coverage and clients can now create bespoke delivery of this data direct to their enterprise application or desktop, with format and timing to suit their individual requirements. Reuters is rapidly becoming the content provider of choice for the global financial community – Reuters DataScope Select now makes us the content facilitator of choice as well."

Reuters DataScope Select provides a service that is tailored to each client's requirements across asset classes, allowing the flexibility of access to real time, intraday, end of day, and historical pricing, and to intraday reference data updates.

Further, Reuters DataScope Select's request-and-retrieve service enables customers to select and pay for only the data they need, when they need it.

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