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Reuters launches DataScope Select cross-asset platform in Asia-Pacific


WEBWIRE

28 March 2006, Singapore—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.

Ends

Facts about Reuters DataScope Select
Reuters DataScope Select’s depth of coverage includes fixed income evaluated pricing for over 1 million US securities, plus evaluated prices on 60,000 European securities in four major currencies (Euro, Sterling, Swiss franc and US dollar). These are determined by Reuters’ team of experienced bond market evaluators, using methodologies that are published along with the pricing, thus maximising end to end transparency.

Reuters DataScope Select also includes contributed pricing from over 600 sources and 70 exchanges, reference data, historical data, corporate actions, and terms and conditions provides customers with a single data source to power applications and data needs across the front, middle and back office.

The product provides comprehensive, global coverage of equities, funds, derivatives, money/foreign exchange and warrants. Unrivalled bond coverage includes: governments, corporates, convertibles, high yield, municipals, asset-backed and mortgage backed securities in 125 countries.

Multiple options of content, timing, delivery, cost and licensing create bespoke services that are transparent, hassle-free and easy to use. Data is consistent across front to back offices, promoting STP and ensuring accountability and clear audit trails.

* Global equities from 180 exchanges
* Fixed income including market leading evaluations from 40 global pricing experts
* Mutual funds
* FX & money markets on 175 currencies
* Derivatives
* Corporate Actions
* Contributed content from over 600 sources and 70 exchanges
* Hand-evaluated pricing
* Reference data using market leading symbology and terms and conditions across all asset classes.


About Reuters:
Reuters (www.reuters.com), the global information company, provides indispensable information tailored for professionals in the financial services, media and corporate markets. Its trusted information drives decision making across the globe based on a reputation for speed, accuracy and independence. Reuters has 15,300 staff in 89 countries, including staff from the acquisition of Telerate in June 2005. It also includes 2,300 editorial staff in 189 bureaux serving 128 countries, making Reuters the world’s largest international multimedia news agency. In 2005, Reuters revenues were £2.4 billion.



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