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thomson reuters corp (TRI) Key Developments

Thomson Reuters and ICAP Renew Distribution Agreement

Thomson Reuters Corporation and ICAP Information Services have renewed a distribution agreement which adds new electronic data sources to the 19901 service - a reference source for USD interest rate swaps and US Treasuries. The 19901 service now provides Thomson Reuters clients with exclusive access to a leading swap data service using the following ICAP data sources: i-Swap, the electronic platform powering ICAP's swap execution facility (SEF); the voice brokered "request for quote" swap market; and executable prices for US Treasury securities from fixed income electronic trading platform BrokerTec.

Thomson Reuters Announces Launch of ONESOURCE Indirect Tax Rates

Thomson Reuters announced the launch of ONESOURCE Indirect Tax Rates, a new data and research offering that provides sales and use tax information from over 14,500 tax authorities in the U.S. The customizable, constantly-updated data enables companies to conduct tax determination and calculation processes accurately and efficiently, ensuring their compliance with local tax codes. It also brings every user the same reliable tax research content traditionally used by many Fortune 1000 companies. ONESOURCE Indirect Tax Rates delivers the most robust, current and localized indirect tax information available by tracking thousands of U.S. tax jurisdictions. It is completely customizable and affordable based on a specific firm's needs, giving them access to tailored data down to a specific zip code or zip+4. The data is available at the state level or for all of the U.S. and Canada, making this a scalable product to meet the needs of any business of any size. The hosted database model can be uploaded directly into any ERP or e-commerce system for automatic alignment. New updated reports are automatically pushed so users can be sure they have the most accurate and up-to-date rate information available.

Thomson Reuters and Philips Sign Multi Year Contract for IP Business Intelligence

Thomson Reuters announced it is working with Royal Philips to help protect its brand and inventions. The two companies are forging new frontiers via a multi-year, multi-product relationship designed to foster, accelerate and ultimately protect innovation. Philips has a dedicated global department - Philips Group Innovation - which is focused on the value that innovation can bring to the world through Philips' products and solutions. Within Philips Group Innovation sits Intellectual Property &Standards (IP&S), the unit responsible for all IP matters within Philips. Philips IP&S uses several IP Solutions from Thomson Reuters in the area of IP Intelligence. Prior to working with Thomson Reuters, Philips used an assortment of intellectual property solutions for IP Intelligence from various providers, as well as an internally developed patent landscaping tool. These resources were disparate and costly to maintain.

Singapore Management University Adopts Thomson Reuters' Converis Solution as the Platform for Holistic Management of its Research Lifecycle

Thomson Reuters announced a decision by Singapore Management University (SMU) to adopt its Converis solution as the platform for holistic management of its research lifecycle. Thomson Reuters Converis was selected after an extensive evaluation of solutions in the market by SMU. Converis is a comprehensive system providing pre-and-post-award and open-access repository management to support the entire spectrum of the research lifecycle. As the first university in Asia to utilize Converis, SMU will gain important insight into the efficiency and impact of its research based on real-time information integrated seamlessly into one platform. This strategic relationship will provide SMU with a holistic view of its research activity alongside research analytics, enabling SMU to make better informed decisions to drive future success of its renowned research programs. Converis supports universities, research institutions and funding agencies in collecting and managing data throughout the research workflow with several highly-configurable insight modules, including pre- & post-award management, publications management, graduate student management, intellectual property portfolio management, data integration and research analytics. With unparalleled flexibility, Converis collects and curates digital output and streamlines communication between researchers and administrators throughout the research lifecycle with modules that can be uniquely adapted to a specific organization's needs and made available to all stakeholders.

Barclays Bond Index Unit Hits Market

Barclays PLC (LSW:BARC) has launched a long-anticipated sale process for its Index, Portfolio and Risk Solutions (IPRS) business, which could yield around $400 million, according to people familiar with the matter. A process for the unit kicked off in early June with indications of interest from prospective bidders due later this month. The business has attracted preliminary interest from several parties, including MSCI Inc. (NYSE:MSCI), Standard & Poor's (MHFI.N), FTSE International Limited, Markit Ltd (NasdaqGS:MRKT), Bloomberg L.P., Thomson Reuters Corporation (TSX:TRI), Interactive Data Corporation, the people added.


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