- Thomson Financial
Thomson Financial was an arm of
The Thomson Corporation , formerly one of the world's leading information companies, focused on providing integrated information solutions to business and professional customers.Recent history
Thomson Financial made significant growth when it acquired another financial information provider Primark on
June 6 , circa2000 , for $842 million in an all-cash deal. Primark owned many names familiar in both the U.S. and UK/Europe such as Datastream,ICV , andIBES . The acquisition consolidated and combined competing financial information provision, for example theFirstCall and IBES earnings estimate data, under the same company.On 17 April 2008 The Thomson Corporation merged with
Reuters and created the new companyThomson Reuters . Part of this process was the creation of the new armThomson Reuters Markets , in which Thomson Financial and Reuters combined their businesses.Major office locations
Thomson Financial had many offices across the US, Europe, and Asia Pacific regions. The head office was based in New York, with significant presence in Boston, 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 [cite web |url= http://www.reuters.com/article/businessNews/idUSSHA12165020070601|title= Thomson buys non-China bureaus of Xinhua Finance|date= 2007-06-01|publisher= Reuters] . The bureaus purchased were inTokyo ,Manila ,Jakarta ,Kuala Lumpur ,Singapore ,Sydney andSeoul .creationv Xinhua Finance stated they would retain their operations inBeijing ,Shanghai ,Hong Kong andTaipei . Financial terms were not disclosed.Products
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.Thomson ONE was a competitor of
Bloomberg L.P. andReuters . There were different packages of Thomson ONE, ie, Thomson ONE for Investment Management, Thomson ONE for Investment Banking, etc.Due to the acquisition of Primark (not the clothing retailer) and buyout of
ILX Systems , Thomson Financial had seen growth over the last four years and had seen improvement in the core product Thomson ONE.Awards
2004 Global Pensions Awards
"Software Provider of the Year" (by way of nominations from over a thousand managers of pension funds then a panel of independent judges)
Inside Market Data 2003 awards
*"Product Development of the Year", for its "Thomson ONE" product.
*"Company to Watch".Investor Relations Magazine
*Its clients won 20 out of 30 awards.
References
See also
*
Thomson Financial League Tables
*Institutional Brokers' Estimate System
*National Venture Capital Association External links
* [http://www.thomson.com/financial/ Thomson Financial Services and Products]
* [http://www.slate.com/id/2161305/fr/flyout Retroactive stock ratings by analysts???]
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