REUTERS FINANCIAL PRODUCTS

Reuters Enterprise Platform (REP)

The integration of KGR and Reuters Enterprise Platform (REP) holds out tantalizing possibilities for differentiation in ever more competitive and regulated markets – such as the provision of powerful and reliable orchestrated data services to directly address business requirements for integrated risk management and reporting. Business data services may include services such as:

• Automated import of deals from multiple trading systems (secure and reliable)
• Access to end-of-day and intra-day pricing, curves, terms and conditions
• Distribution of valuations, sensitivities and risk scenarios

These risk management business data services can be orchestrated to address data requirements for specific business challenges such as Credit Event Watch and Valuation Risk Reporting.

Benefits:

• Provides real-time risk measurement by integrating a comprehensive set of risk measures (KGR) with accurate, consistent and timely access to market and referential data assets (REP).
• Delivers a consolidated view of risk across multiple trading systems by ensuring coherency between risk management and front office systems.
• Is highly adaptable to new and changing business needs by empowering critical risk management processes using flexible data services – e.g. Credit Event Watch and Valuation Risk Reporting.
• Promotes data transparency and efficiency by exploiting a hierarchy of reusable platform data services – e.g. data transformation, symbology, cross referencing etc.
• Supports incremental deployment to deliver immediate return on investment and durable business transformation – it protects existing investments in third party applications and services.

Reuters Enterprise Platform (REP) unifies the acquisition, management and distribution of enterprise data assets, both real-time and non real-time – including multi-vendor data feeds, internal applications and data repositories. It establishes semantics for consistent interpretation of data across organizational and functional boundaries and, as a result, enables the deployment of innovative solutions via flexible data services. This flexibility ensures that the platform is able to respond to current, emerging and future information needs of the industry.

REP comprises three platform components:

• Reuters Market Data System (RMDS) – Reuters Enterprise Platform extends the proven capabilities of the industry leading system for high throughput real-time market data distribution. It is deployed at more than 2,800 sites globally and supports the universal Reuters Foundation API (RFA). RMDS also supports Open Message Model (OMM) that allows representation and transmission of complex data structures with rich request paradigms.
• Reuters Reference Data System (RRDS) – RRDS integrates consolidated and silo’ed referential data into a master reference with an extensible data model that conforms to market data standards. RRDS integrates consolidated referential data from a wide array of the industry’s most trusted vendors – more than 150 feeds from 18 vendors – and provides a centralized hub for rule-based data acquisition, cleansing, validation, enrichment, scrubbing and normalization.
• Reuters Enterprise Integration Engine (REIE) – REIE ensures seamless integration of RMDS and RRDS platform components, and manages deployment of data services. REIE supports powerful methods for the definition and management of complex business processes and workflows. It also provides a rich set of functions for data, communications, services, encryption and security.