Thomson Reuters announced the launch of a platform it said allows traders to more quickly launch strategies across global markets.
The firm said the Enterprise Platform for Velocity Analytics, which integrates all Thomson Reuters financial content, boosts quantitative trading through its upgraded pre-trade research capabilities, while simplifying the execution and compliance processes. The company added that it sees demand for the platform being driven by the rising cost and complexity of data capture, normalization and storage.
"In today's market, machine-based algorithmic research and execution requires a cost effective, out of the box solution to enable trading and research," Emmanuel Doe, Thomson Reuters' global business manager said in a statement. "Our newly launched Thomson Reuters Enterprise Platform for Velocity Analytics provides trading firms to parse, analyze and execute trades in real time."