ValueLink delivers Thomson Financial market data
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, today announced that Thomson Financial's Datafeed solutions are now available as a primary source in ValueLink's validated data service in Europe.
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For the first time, clients will be able to access to the full breadth and depth of Thomson Financial's real-time and reference data content combined with the state of the art data validation and flexibility of Valuelink's validation processes.
Under the terms of the agreement, Thomson Financial will work closely with ValueLink to migrate existing ValueLink clients to direct data supply agreements for Thomson Financial's Datafeed solutions.
ValueLink's clients will be able to co-mingle Thomson Financial content alongside their own proprietary content and that of other third party sources of data, which are integrated in ValueLink's validation processes. This provides a stringent multi-sourced validation system, giving the client a true one-stop shop for global coverage, fully validated, high quality data, supported by ValueLink's dedicated client administrators. Procedures can be tailored to client specific requirements and validation reports are available to provide full audit trail for compliance purposes.
Stephen Choate, CEO at ValueLink, said: "We are delighted to be able to offer our clients access to the full breadth and depth of Thomson Financial's market leading content. It adds a new dimension to our fully validated global securities data services. This is the complete solution for clients seeking maximum accuracy and reliability in a cost effective outsourced validated service solution while directly retaining the benefits of the premier global data vendor."
Thomas Aubrey, Director Investment Management, Thomson Financial, said: "We are very pleased to have signed this agreement with ValueLink. It offers clients great choice and flexibility by allowing them to access the full breadth and depth of Thomson Finaincial's market leading Datafeed solutions through Valuelink's premium validation service."