Thomson ONE provides the institutional buyside trader with an efficient, streamlined workflow solution for managing the trading cycle, from market analysis and liquidity, to negotiation and order routing, via a single desktop interface. Traders access in-depth news and evaluation; monitor who is actively buying and selling individual stocks; communicate directly and immediately with key clients, analysts and traders; send orders to trading partners; monitor and manage trade execution, and consult third-party components, all from a single source.
Thomson Financial will debut the newest version of Thomson ONE Equity, a solution targeting the institutional trader, at the Security Traders Association Conference in Scottsdale, Arizona, October 15-19.
The seamless integration of AutEx with Thomson ONEâs core elements - research, real-time and delayed market data, news, analytics and charts - greatly enhances the efficiency of the institutional trader. AutEx is the financial industry's leading aggregator of trade order indications of interest (IOI) and executions and is considered to be a critical tool on the desks of thousands of traders. It brings the largest pool of global liquidity to the greatest number of traders. AutEx handles nearly one million indications daily, enabling more than 300 global sell side institutions to advertise inventory to more than 500 buy side institutions. With a single click, the buy side trader can quickly review overall market sentiment in specific stocks, and recap that issue's latest indications including supers, trades, bid and ask prices, options, futures and other details.
Thomson Connect's integration of content and communications within the Thomson ONE framework, serves as an enhancement to AutEx, making the analysis of liquidity and trade negotiation that much faster and easier. Thomson Connect leverages clientsâ existing instant messaging-based communities built around popular instant messaging services, including AOL, MSN & Yahoo. It enables traders to quickly connect with their counter parties to discuss, verify and confirm liquidity and inventory. Busy buy side traders wanting to confirm or discuss a specific IOI, now simply drag the IOI into their preferred instant messaging platform. This automatically enters into the message, the stock's identifier and the indication's price, size and time. The trader can add additional text and begin an immediate conversation with the sell side around a specific indication, resulting in faster, more efficient negotiation, essential in today's highly volatile and competitive markets.
âThomson ONEâs framework is unmatched in the financial industry,â said Jeremy Condie, executive vice president, Banking and Brokerage, Thomson Financial. "Its proven track record for integrating Thomson content and services with third party and client proprietary data and applications is now being extended to include communications," said Condie. "Thomson Financial is focused on helping clients leverage their existing communication investment so they can provide differentiated services and information to their clients. By integrating Thomson Connect with AutEx within the Thomson ONE Equity framework, along with ownership data from ShareWatch, participants will improve the speed of trades and the ability to react to market adjustments and changes, greatly benefiting traders in their day-to-day business," said Condie. "Integrating our content with services from established instant messaging providers immediately gives our clients access to a global community of counterparties."
"Thomson ONE Equity enables the trader to maximize portfolio performance and lower costs," said Lou Eccleston, president, Banking and Brokerage, Thomson Financial. "Thomson ONE is offering holistic solutions. With a single source for all market data, analysis and trading tools, along with access to a host of third party components, the need to buy and manage separate service systems is eliminated. It further demonstrates the tremendous flexibility of the Thomson ONE open framework solution," said Eccleston.
Thomson Connect will be embedded into all other Thomson ONE solutions at no additional cost to clients, said Condie. "Thomsonâs footprint is unmatched and we intend to enhance all of our usersâ workflow through the smart integration of content and communications," said Condie.