Refinitiv announces strategic agreement with Trading Central
Refinitiv will deliver exclusive Reuters news service and insights to Trading Central’s Market Buzz Platform.
Financial markets data and infrastructure Refinitiv today announced a strategic agreement with Trading Central for the provision of Reuters digital news and Refinitiv analytics capabilities to disruptive news portal, TC Market Buzz.
TC Market Buzz is a news curation application for Wealth Management firms helping to modernize and differentiate digital investor portals by tackling information overload and focusing on the delivery of a consolidated view of news trends beyond the noise.
The addition of Reuters news to power TC Market Buzz provides retail traders and investors with the information to make informed decisions. TC Market Buzz will offer flexible combinations of applications and components to help investors access a holistic view of securities’ performance such as fundamental, economic, technical and sentiment analytics.
Refinitiv’s news and analytics capabilities will be delivered via Refinitiv Knowledge Direct API, a scalable and seamless digital delivery platform that provides access to cross-asset content, news and insights.
Joe Mrak, Global Head of Wealth Management at Refinitiv, said: “We’re pleased to be able to serve the Wealth Management industry’s need for reliable and consolidated news and analytics. TC Market Buzz’s innovative natural language algorithms cut through all of the news clutter and provide great insight for investors looking to keep abreast of critical market drivers in a digestible and easily accessed format. Our agreement with Trading Central will facilitate that.”
Refinitiv has a robust track record of servicing the Wealth Management industry from front to back office. Over the last year, the firm has invested heavily in the business and is committed to bringing the most advanced solutions to the market. The ongoing transformation includes building out the firm’s solutions through strategic acquisitions (Scivantage) and partnerships, including: SigFig, MarketPsych, Appway, StoneCastle and Sberbank to add Digital Advice Technology, MarketPsych Indices, Automated and Customized Advisory and End-Client Workflows, and Enhanced Cash Management Solutions to clearing and self-clearing broker-dealer clients.
