Reuters launches DataScope Select in Apacs

Source: Reuters

Reuters (LSE: RTR; NASDAQ: RTRSY) today announced the launch of Reuters DataScope Select in the Asia Pacific region.

Reuters DataScope Select is our 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.

For the first time, Asia-Pacific customers will have a cross-asset view of Reuters Pricing & Reference Data’s extensive, high quality data on an intraday, real-time or delayed, and/or end of day basis via a single data source, to power applications and data needs across the enterprise.

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.

Steve Smith, Product Business Owner for Reuters Pricing & Reference Data Asia-Pacific, said: "There is significant pre- and post-trade demand from middle and back office clients across custodians, plan sponsors, fund managers and hedge funds in the Asia-Pacific region 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 Pricing & Reference Data, said: "Clients in Asia-Pacific can now create bespoke delivery of our accurate, high quality 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'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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