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Thomson Reuters Responds to Industry Conditions – Offers Integration Framework to all Thomson ONE Wealth Management Clients

Thomson Reuters announced today that it will offer its Framework Integration Services as a complimentary service to all Thomson ONE Wealth Management customers. Framework Integration Services, previously a premium service offering for Thomson ONE Wealth Management, allows firms to integrate internally developed and 3rd party applications, creating a true “Advisor Workstation” experience for wealth management users. Utilizing standard APIs and an Integration Toolkit, firms can create tailored desktops for their financial advisors with seamless integration of workflow tools including navigation, context passing and data services and integration.

“Given the current industry conditions, we felt it would be beneficial to our client base to offer Thomson ONE Integration Services as a complimentary service to all our clients. As firms look to refocus their internal development resources on true value-added initiatives, Thomson ONE Integration Services provides a proven, industry-leading platform on which to integrate best of breed applications”, says John Fennelly, Global Managing Director of Wealth Management for Thomson Reuters. “We believe that by offering this service to all Thomson ONE Wealth Management clients, we will ultimately help strengthen our client’s desktop and deepen the value of our firm as a trusted partner to our clients.”

Thomson ONE Wealth Management is currently deployed to over 150,000 desktops across the industry. Over 500 client and 3rd party applications have been integrated into Thomson ONE Wealth Management utilizing features such as a single sign on, context passing and integrated navigation. Thomson ONE Wealth Management contains leading applications and content from Thomson Reuters including market data, news, research, book management, wealth planning and investment selection tools.

“By integrating leading applications from clients, 3rd parties and Thomson Reuters, the top wealth management firms in the industry have created high performing advisor desktops that offer competitive advantages in advisor recruitment and retention, as well as provide productivity gains to end users. Thomson ONE is unique in that firms leverage standard features and services to create very unique experiences for their users based on the configuration capabilities of the framework”, says Eric Jones, Vice President of Desktop Products for Wealth Management.

Thomson Reuters will provide the Integration Framework Services to all current Thomson ONE Wealth Management clients as well as clients migrating to Thomson ONE Wealth Management from any legacy desktop platform.