Thomson Reuters has recently deployed its flagship Eikon financial data platform at 18 central banks and government organisations in 27 countries across the Asia Pacific region.
The new Eikon platform features an advanced search function that could translate natural language into graphical data, saving time for financial professionals who would otherwise need to memorize complex financial codes and manually compare data points.
David Becker, managing director of Thomson Reuters Asia Pacific, said clients in this region are among the most active users of Eikon globally. "With the new advanced search tools we are seeing query times reduced from hours to seconds and this really is a paradigm shift for financial markets professionals, enabling them to spot opportunities faster than their competition," he said.
As an intuitive next-generation real-time platform, the Eikon allows the efficient execution of financial transactions across various asset classes such as foreign exchange, fixed income, commodities, equities and derivatives.
Reuters Eikon has been rolled out in institutions such as the Hong Kong Monetary Authority, Reserve Bank of New Zealand, Reserve Bank of India, Nepal Rastra Bank, Central Bank of the Republic of China (Taiwan), State Bank of Vietnam, Bank of Lao P. D. R and Royal Monetary Authority of Bhutan.
The announcement follows a three-year contract signed last month between Thomson Reuters and the European Central Bank and 18 other European central banks.
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