Under the terms of the two-year contract, Thomson Financial will provide a combination of its new Thomson ONE Equity application and GlobalTOPIC workstations in place of products by two incumbent market data vendors.
GlobalTOPIC is an international real-time equity pricing product built up on the strengths and market reputation of TOPIC3, the leading domestic equity product in the UK. It uses proven features with screen layouts that users can customise and offers access to some of Thomson Financialâs leading brands, including summary Thomson Datastream content.
Thomson ONE Equity is Thomson Financialâs complete equity solution, providing low cost integration and flexible access to market data, analytics and connectivity. The open framework allows dynamic integration of data and applications from Thomson Financial, as well as third-party sources and internal proprietary information. Content and functionality include leading Thomson Financial brands such as:
- Thomson ShareWatch â ownership data
- Thomson Datastream â historical time series data and economics
- Thomson Worldscope â company fundamentals
- Thomson First Call â research reports
- Thomson I/B/E/S -
- Over 60 leading news services including Dow Jones
- Real-time market data including Level II displays, alerts, time and quotes, ticker displays etc.
Jonathan Morris, European Product Director said: "Weâve always understood that clientsâ needs and preferences differ and our strategy is to offer them a choice rather than dictate their information and technology strategies. Itâs encouraging that a fast growing investment banking and securities company such as Bridgewell has taken advantage of this approach."
Thomson ONE Equity is a component of Thomson ONE, a flexible, open application framework that allows for the easy integration of content and tools from Thomson Financial, third parties and clientsâ own proprietary systems. Thomson ONE has the ability to deliver tailored integration, without the high cost of ownership and unwanted features. It is both an architecture and new service configurable to the specific needs of corporate finance, institutional, brokerage and fixed income market professionals. Each component within the solution suite is tailored to a different audience: Thomson ONE Equity is aimed at the institutional equities market; Thomson ONE Banker is aimed at the investment banking market; Thomson ONE Analytics is aimed at the institutional investment market. Thomson Financial will announce the launch of Thomson ONE Yield for fixed income users in Europe, together with Portfolio management and investor relations product suites later this year and throughout 2004.