As demands on traders grow increasingly complex, our open platform approach offers the workflow tools to transact in a safe, compliant and efficient way.
Today’s traders have to find a competitive edge. In doing so, they will need to connect to counterparties, find liquidity, transact and prove best execution, all with fewer resources than in the past.
They may also want to expand across borders and markets, and communicate with their clients, partners, liquidity providers and their employees.
Watch video — An interview with Michael Chin, Managing Director, Co-Head of Trading 1/2
Our clients are facing a number of these challenges, prompted by several macro trends:
- Pressures to lower total cost of ownership.
- Progressively more complex, costly and global regulatory compliance.
- Relentless momentum towards automation.
- An increase in data and content-driven trading.
Critical trading workflows
Traders are becoming increasingly reliant on innovative platforms to source and distribute liquidity, and to manage critical trading workflows.
Thomson Reuters trading solutions provide the world’s leading companies with the information, workflow tools and liquidity they need to operate successfully in a fast-paced and complex market.
They connect clients and help build vital relationships between the buy and sell-side.
Benefits of open platform
Our unique, open platform enables us to seamlessly incorporate capabilities from industry partners, broadening and simplifying a client’s experience.
Everything we do is underpinned by our core values of trust and partnership, which enable us to co-innovate with leading financial technology firms around the world, helping to develop more efficient and effective markets for the industry as a whole.
Partnership is key as the most successful platforms offer added value without necessarily owning all of the assets they deliver.
As a result, Thomson Reuters acquires, connects, matches and enables networks of providers and consumers to do business.
Market participants will also benefit from this approach as our customers gain access to a number of leading pre-trade, at-trade, and post-trade partners.
Watch video — An interview with Michael Chin, Managing Director, Co-Head of Trading 2/2
I recently had the opportunity to sit down with the editor of GlobalTrading to discuss our open platform strategy.
I expanded on the trends and challenges our clients are facing and outlined what we are doing to address their needs. I invite you to read the full article in the latest edition.
By adopting an open platform strategy, we continue to surround ourselves with premier partners and solutions to create a platform where the global trading community can connect, discover, build relationships and transact in a safe, compliant and efficient way.
Our goal is to provide a seamless workflow for our clients, through our partnerships, which will result in a significant improvement in operational efficiencies within their trading strategies.
In my latest video series on the open platform concept, I address these topics as well as what Thomson Reuters needs to do to stay on top of the ever-changing needs of traders.