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Thomson Reuters Launches Independent Valuation Risk Service


Vienna – Thomson Reuters today launched a new service which will provide financial institutions with independent valuations across a number of asset classes and instrument types. The introduction of Thomson Reuters Valuation Risk service supports calls from the FSA, regulators and many within the industry for fair and transparent valuations of financial instruments from independent, unbiased third parties.

Shifts in volatility and correlations, as well as liquidity constraints are having a massive impact on valuations, demonstrating the limitations of conventional pricing methods. Thomson Reuters Valuation Risk service provides a new “open model” approach to pricing and valuation, leading to greater transparency, agility and proactive risk management.

The Valuation Risk service is aimed at the full spectrum of financial markets including buy- and sell-side institutions as well as corporations. The global service is supported by a dedicated team of valuation experts working closely with customers in New York, London and Tokyo.

The Valuation Risk service combines Thomson Reuters renowned global pricing and security reference data service with its proven, sophisticated risk management portfolio Kondor and Reuters 3000 Xtra pricing libraries. Its open model approach enables the simultaneous use of the bank or firm’s own models, plus an unlimited number of external libraries – providing unparalleled transparency and coverage across asset classes. The breadth, depth and precision of the underlying data ensures integrity and consistency of the valuations enterprise-wide and is also compatible with third party systems.

Thomson Reuters Valuation Risk service provides valuations across a wide range of asset classes and instruments including corporate bonds, bank loans, residential mortgage backed securities (RMBS), asset backed securities (ABS), structured products, derivatives and many more.

Jon Robson, President of Enterprise, Thomson Reuters, said: “The current financial crisis has exposed the importance of independent and transparent valuations. To achieve the level of transparency investors deserve and regulators require, firms need the support of an unbiased independent supply of traded prices and data that allows clients to reverse-engineer and evaluate derivative structures with multiple models and methodologies.”

About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to


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