LONDON â 20 February, 2006 -- Thomson Financial, an operating unit of The Thomson Corporation (NYSE: TOC; TSX: TOC) and leading provider of information and technology solutions to the worldwide financial community, today announced that Thomson Financialâs Datafeed solutions are now available as a primary source in ValueLinkâs validated data service in Europe.
For the first time, clients will be able to access to the full breadth and depth of Thomson Financialâs real-time and reference data content combined with the state of the art data validation and flexibility of Valuelinkâs validation processes.
Under the terms of the agreement, Thomson Financial will work closely with ValueLink to migrate existing ValueLink clients to direct data supply agreements for Thomson Financialâs Datafeed solutions.
ValueLinkâs clients will be able to co-mingle Thomson Financial content alongside their own proprietary content and that of other third party sources of data, which are integrated in ValueLinkâs validation processes. This provides a stringent multi-sourced validation system, giving the client a true one-stop shop for global coverage, fully validated, high quality data, supported by ValueLinkâs dedicated client administrators. Procedures can be tailored to client specific requirements and validation reports are available to provide full audit trail for compliance purposes.
Stephen Choate, CEO at ValueLink, said: âWe are delighted to be able to offer our clients access to the full breadth and depth of Thomson Financialâs market leading content. It adds a new dimension to our fully validated global securities data services. This is the complete solution for clients seeking maximum accuracy and reliability in a cost effective outsourced validated service solution while directly retaining the benefits of the premier global data vendor.â
Thomas Aubrey, Director Investment Management, Thomson Financial, said: âWe are very pleased to have signed this agreement with ValueLink. It offers clients great choice and flexibility by allowing them to access the full breadth and depth of Thomson Finaincialâs market leading Datafeed solutions through Valuelinkâs premium validation service.â
Thomson Datafeeds solutions, available as a separate contract, provide flexible and programmatic access for clients that wish to power their own or third party applications with market leading content, drawn from the whole universe of Thomson Financial content. Thomson Datafeeds support industry standard symbologies, supported by a range of delivery options spanning APIs to Bulk Datafeeds, the content of which is designed to meet usersâ needs. Key features include:
â¢ Multi asset coverage - including equities, benchmark bonds, derivatives, forex and money markets
â¢ Breadth and depth of content - over 130 Global exchange and third party sources
â¢ Low cost of ownership â a range of delivery options and the ability to pay only for the required dataset
â¢ Compliance - Exchange permissions managed during the datafeed implementation process
â¢ Co-mingling of reference data alongside accurate prices and corporate actions
â¢ Reliability - with full resilience including back up and disaster recovery capabilities, guaranteeing data delivery