Thomson Reuters Corporation) is a Canada-based multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at 333 Bay Street. Products Browse the products we have to offer. Premier Plus; Premier; Professional; EBIA Webinars; CPE Conferences. Gear Up CPE Conferences. CPE Network delivers all of this via subscription package, for your choice of 11 issues per year or one per quarter, depending on the product. Each issue arrives with a DVD that includes a PDF of the transcript, supplemental commentary, case studies, and questions for the group to discuss. Subscriptions include access for up to 25 users. The package provides the installation files for Qualcomm QCA9377 Wireless Network Adapter Driver version 12.0.0.697. If the driver is already installed on your system, updating (overwrite-installing) may fix various issues, add new functions, or just upgrade to the available version.
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| Fate | Merger with Reuters Group plc |
|---|---|
| Successor | Thomson Reuters |
| Defunct | April 2008 |
Thomson Financial was an arm of the Thomson Corporation, an information provider. When the Thomson Corporation merged with Reuters to form Thomson Reuters in April 2008, Thomson Financial was merged with the business of Reuters to form the Markets Division of Thomson Reuters.
History[edit]
Thomson Financial expanded significantly when it acquired Primark, another financial information provider, on June 6, 2000, for $842 million in an all-cash deal. Primark owned many brands in both the U.S. and UK/Europe such as Datastream, Baseline Financial, Intellivate Capital Ventures (ICV), and IBES. The acquisition consolidated and combined competing financial information provision, for example the FirstCall and IBES earnings estimate data, under the same company.
On 17 April 2008 the Thomson Corporation merged with Reuters and created the new company Thomson Reuters. Thomson Financial and Reuters combined their businesses into the Markets Division: Sales & Trading, Enterprise, Investment & Advisory, and Media. The other Thomson operations were combined into the Professional Division: Legal, Healthcare & Science, and Tax & Accounting. Thomson Reuters Financial & Risk eventually became Refinitiv.
Major office locations[edit]
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Thomson Financial had many offices across the US, Europe, and Asia Pacific regions. The head office was based in Boston (1987-2008) and New York (joint with Boston), with significant presence in San Francisco, London, Frankfurt, Bangalore, Manila, and many satellite offices in locations such as Sydney, Hong Kong, Tokyo, Zurich, Geneva, just as some examples. The two major data centers, not including smaller points of presence, for Thomson Financial were located in NYC and New Jersey.
In June 2007, Thomson Financial agreed to buy seven Asia-Pacific news bureaus from Xinhua Finance.[1] The bureaus purchased were in Tokyo, Manila, Jakarta, Kuala Lumpur, Singapore, Sydney and Seoul. Xinhua Finance stated they would retain their operations in Beijing, Shanghai, Hong Kong and Taipei. Financial terms were not disclosed.
Products[edit]
The company had a wide variety of financial products. Thomson ONE is a core product, although legacy branded offerings such as Datastream Advance and Global Topic will probably remain for a few years.[year needed] Thomson ONE was a competitor of Bloomberg L.P., Capital IQ and FactSet Research Systems. There were different packages of Thomson ONE, i.e., Thomson ONE for Investment Management, Thomson ONE for Investment Banking, etc. Due to the acquisition of Primark and buyout of ILX Systems, Thomson Financial had seen growth over the previous four years[year needed] and had seen improvement in the core product Thomson ONE.
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Thomson Financial transaction platforms are ubiquitous in financial markets world-wide and included Thomson AutEx trade order indications and executions, Thomson PORTIA automated portfolio management system, Thomson TradeWeb on-line trading network for fixed-income securities, and Thomson BETA Systems for securities data and brokerage processing systems.
See also[edit]
References[edit]
- ^'Thomson buys non-China bureaus of Xinhua Finance'. Reuters. 2007-06-01.