Thomson Reuters Adds Countries of Risks to its Leading Entity Risk Solution

Algorithm measures exposure of a firm to multiple countries


New York - Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of an enhanced entity risk offering to help financial institutions, including custodian banks, regional banks and fund administrators, better identify and manage their portfolio risk and regulatory reporting requirements. As part of the enhanced offering, customers are now able to measure their aggregate exposure to an entity’s countries of risks. The solution is powered by StarMine’s algorithm and uses Thomson Reuters entity and fundamentals data as well as GDP data from the IMF. It makes adjustments where appropriate to provide full transparency into the factors used to create the weightings that drive the algorithm.

The launch of Thomson Reuters Countries of Risks offering supports Thomson Reuters vision to connect and enable the global financial community and builds on the growing portfolio of solutions that it provides to assist firms in addressing issues of risk and regulation. The offering significantly enhances Thomson Reuters Entity Risk suite and further positions the Company as a leading provider of Entity Risk data.

“We are seeing a significant increase in demand for entity content by our clients and solutions like our Countries of Risks empower and help them to better understand their true exposure to an issuer and their complex global affiliations,” said Debra Walton, managing director, Enterprise Content at Thomson Reuters. “Our Countries of Risks offering also highlights our commitment to integrate the breadth of content across our organization to deliver innovative solutions to professionals globally. We are delighted that we are able to leverage fundamental and economic data on issuers and powerful StarMine Analytics to enhance our Entity Risk solution.”

“In today’s complex and interconnected world, firms need the ability to measure and report risk in investment portfolios as it relates to issuing entities, sectors, asset classes, and countries,” said Tim Lind, global head of middle office at Thomson Reuters. “Our new Countries of Risks offering addresses this critical need by providing the linkage between entities, securities, and different dimensions of risk.”

Entity data is the map that connects the total exposure of securities and holdings to issuers and the concentration of assets by industry sector or countries of risk. Thomson Reuters Entity Risk helps clients measure their aggregate exposure by providing visibility of the organizational structures of core entities, their subsidiaries, joint ventures and affiliates in the hierarchy view. It covers a growing universe of more than 1 million entity records from auditable sources including exchanges, company registrars, 10K filings, regulators, annual reports and prospectuses – all presented in a concise, manageable and user-friendly mapped format. The data is collected and maintained by a global team of hundreds of market analysts covering 250 markets with a clear focus on the highest quality and efficiency. For more information, click here.

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 and risk, legal, tax and accounting, intellectual property and science 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 approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to thomsonreuters.com.