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Thomson Financial - Wikipedia

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.infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">Thomson Financial</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Thomson_logo.svg" class="mw-file-description" title="Thomson logo"><img alt="Thomson logo" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/90/Thomson_logo.svg/170px-Thomson_logo.svg.png" decoding="async" width="170" height="51" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/90/Thomson_logo.svg/255px-Thomson_logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/90/Thomson_logo.svg/340px-Thomson_logo.svg.png 2x" data-file-width="501" data-file-height="149" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Division_(business)" title="Division (business)">Division</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1980<span class="noprint">&#59;&#32;44&#160;years ago</span><span style="display:none">&#160;(<span class="bday dtstart published updated">1980</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Defunct</th><td class="infobox-data">April&#160;2008<span class="noprint">&#59;&#32;16&#160;years ago</span><span style="display:none">&#160;(<span class="dtend">2008-04</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Fate</th><td class="infobox-data"><a href="/wiki/Merger" class="mw-redirect" title="Merger">Merger</a> with <a href="/wiki/Reuters_Group_plc" class="mw-redirect" title="Reuters Group plc">Reuters Group plc</a></td></tr><tr><th scope="row" class="infobox-label">Successor</th><td class="infobox-data"><a href="/wiki/Thomson_Reuters" title="Thomson Reuters">Thomson Reuters</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Thomson_Corporation" title="Thomson Corporation">Thomson Corporation</a></td></tr></tbody></table> <p><b>Thomson Financial</b> was an arm of the <a href="/wiki/Thomson_Corporation" title="Thomson Corporation">Thomson Corporation</a>, an information provider. When the Thomson Corporation merged with <a href="/wiki/Reuters" title="Reuters">Reuters</a> to form <a href="/wiki/Thomson_Reuters" title="Thomson Reuters">Thomson Reuters</a> in April 2008, Thomson Financial was merged with the business of Reuters to form the Markets Division of Thomson Reuters. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Thomson acquired magazine publisher Faulkner &amp; Gray in 1992.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> Thomson Financial expanded significantly when it acquired <b>Primark</b>, another financial information provider, on June 6, 2000, for $842 million in an all-cash deal. Primark owned many brands in both the U.S. and UK/Europe such as Datastream, Baseline Financial, Intellivate Capital Ventures (ICV), and <a href="/wiki/Institutional_Brokers%27_Estimate_System" title="Institutional Brokers&#39; Estimate System">IBES</a>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> The acquisition consolidated and combined competing financial information provision, for example the FirstCall and IBES earnings estimate data, under the same company. </p><p>Thomson Financial sold its <a href="/wiki/Arizent" title="Arizent">Thomson Media</a> division in 2004.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (September 2024)">citation needed</span></a></i>&#93;</sup> </p><p>On 17 April 2008 the Thomson Corporation merged with <a href="/wiki/Reuters" title="Reuters">Reuters</a> and created the new company <a href="/wiki/Thomson_Reuters" title="Thomson Reuters">Thomson Reuters</a>. Thomson Financial and Reuters combined their businesses into the Markets Division: Sales &amp; Trading, Enterprise, Investment &amp; Advisory, and Media. The other Thomson operations were combined into the Professional Division: Legal, Healthcare &amp; Science, and Tax &amp; Accounting. Thomson Reuters Financial &amp; Risk eventually became <a href="/wiki/Refinitiv" title="Refinitiv">Refinitiv</a>.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Major_office_locations">Major office locations</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=2" title="Edit section: Major office locations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Thomson Financial had many offices across the US, Europe, and Asia Pacific regions. The head office was based in Boston (1987-2008) and New York (joint with Boston), with significant presence in San Francisco, London, Frankfurt, Bangalore, Manila, and many satellite offices in locations such as Sydney, Hong Kong, Tokyo, Zurich, Geneva, just as some examples. The two major data centers, not including smaller points of presence, for Thomson Financial were located in NYC and New Jersey.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (September 2024)">citation needed</span></a></i>&#93;</sup> </p><p>In June 2007, Thomson Financial agreed to buy seven Asia-Pacific news bureaus from <a href="/wiki/Xinhua_Finance" class="mw-redirect" title="Xinhua Finance">Xinhua Finance</a>.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> The bureaus purchased were in <a href="/wiki/Tokyo" title="Tokyo">Tokyo</a>, <a href="/wiki/Manila" title="Manila">Manila</a>, <a href="/wiki/Jakarta" title="Jakarta">Jakarta</a>, <a href="/wiki/Kuala_Lumpur" title="Kuala Lumpur">Kuala Lumpur</a>, <a href="/wiki/Singapore" title="Singapore">Singapore</a>, <a href="/wiki/Sydney" title="Sydney">Sydney</a> and <a href="/wiki/Seoul" title="Seoul">Seoul</a>. Xinhua Finance stated they would retain their operations in <a href="/wiki/Beijing" title="Beijing">Beijing</a>, <a href="/wiki/Shanghai" title="Shanghai">Shanghai</a>, <a href="/wiki/Hong_Kong" title="Hong Kong">Hong Kong</a> and <a href="/wiki/Taipei" title="Taipei">Taipei</a>. Financial terms were not disclosed. </p> <div class="mw-heading mw-heading2"><h2 id="Products">Products</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=3" title="Edit section: Products"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">"PORTIA" redirects here. For other uses, see <a href="/wiki/Portia_(disambiguation)" class="mw-redirect mw-disambig" title="Portia (disambiguation)">Portia</a>.</div> <p>The company had a wide variety of financial products. <b>Thomson ONE</b> is a core product, although legacy branded offerings such as <i>Datastream Advance</i> and <i>Global Topic</i> will probably remain for a few years.<sup class="noprint Inline-Template" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Manual_of_Style/Dates_and_numbers" title="Wikipedia:Manual of Style/Dates and numbers"><span title="Need the year this event took place (July 2020)">year&#160;needed</span></a></i>&#93;</sup> Thomson ONE was a competitor of <a href="/wiki/Bloomberg_L.P." title="Bloomberg L.P.">Bloomberg L.P.</a>, <a href="/wiki/Capital_IQ" class="mw-redirect" title="Capital IQ">Capital IQ</a> and <a href="/wiki/FactSet_Research_Systems" class="mw-redirect" title="FactSet Research Systems">FactSet Research Systems</a>. There were different packages of Thomson ONE, i.e., Thomson ONE for Investment Management, Thomson ONE for Investment Banking, etc. Due to the acquisition of Primark and buyout of ILX Systems, Thomson Financial had seen growth over the previous four years<sup class="noprint Inline-Template" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Manual_of_Style/Dates_and_numbers" title="Wikipedia:Manual of Style/Dates and numbers"><span title="Need the year this event took place (July 2020)">year&#160;needed</span></a></i>&#93;</sup> and had seen improvement in the core product Thomson ONE. </p><p>Thomson Financial electronic transaction processing systems included Thomson AutEx trade order indications and executions, Thomson PORTIA automated portfolio management system, Thomson TradeWeb on-line trading network for fixed-income securities, and Thomson BETA Systems for securities data and brokerage processing systems. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=4" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Thomson_Financial_League_Tables" class="mw-redirect" title="Thomson Financial League Tables">Thomson Financial League Tables</a></li> <li><a href="/wiki/Institutional_Brokers%27_Estimate_System" title="Institutional Brokers&#39; Estimate System">Institutional Brokers' Estimate System</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=5" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.digitalcommerce360.com/2019/02/25/20-years-covering-ecommerce/">"20 years covering ecommerce"</a>. 25 February 2019.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=20+years+covering+ecommerce&amp;rft.date=2019-02-25&amp;rft_id=https%3A%2F%2Fwww.digitalcommerce360.com%2F2019%2F02%2F25%2F20-years-covering-ecommerce%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AThomson+Financial" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHane2000" class="citation web cs1">Hane, Paula J. (2000-06-12). <a rel="nofollow" class="external text" href="http://newsbreaks.infotoday.com/NewsBreaks/Thomson-Corp-to-Acquire-Primark-17808.asp">"Thomson Corp. to Acquire Primark"</a><span class="reference-accessdate">. Retrieved <span class="nowrap">2021-08-04</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Thomson+Corp.+to+Acquire+Primark&amp;rft.date=2000-06-12&amp;rft.aulast=Hane&amp;rft.aufirst=Paula+J.&amp;rft_id=http%3A%2F%2Fnewsbreaks.infotoday.com%2FNewsBreaks%2FThomson-Corp-to-Acquire-Primark-17808.asp&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AThomson+Financial" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.thomsonreuters.com/en/press-releases/2018/july/thomson-reuters-financial-and-risk-business-announces-new-company-name-refinitiv.html">"Thomson Reuters Financial &amp; Risk business announces new company name: Refinitiv"</a>. <i>www.thomsonreuters.com</i><span class="reference-accessdate">. Retrieved <span class="nowrap">2022-09-19</span></span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=www.thomsonreuters.com&amp;rft.atitle=Thomson+Reuters+Financial+%26+Risk+business+announces+new+company+name%3A+Refinitiv&amp;rft_id=https%3A%2F%2Fwww.thomsonreuters.com%2Fen%2Fpress-releases%2F2018%2Fjuly%2Fthomson-reuters-financial-and-risk-business-announces-new-company-name-refinitiv.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AThomson+Financial" class="Z3988"></span></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.reuters.com/article/businessNews/idUSSHA12165020070601">"Thomson buys non-China bureaus of Xinhua Finance"</a>. Reuters. 2007-06-01.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Thomson+buys+non-China+bureaus+of+Xinhua+Finance&amp;rft.pub=Reuters&amp;rft.date=2007-06-01&amp;rft_id=https%3A%2F%2Fwww.reuters.com%2Farticle%2FbusinessNews%2FidUSSHA12165020070601&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AThomson+Financial" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Thomson_Financial&amp;action=edit&amp;section=6" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="http://www.thomson.com/financial/">Thomson Financial Services and Products</a></li></ul> <!-- NewPP limit report Parsed by mw‐api‐int.codfw.main‐5b4bfbf464‐5g4pm Cached time: 20241126132451 Cache expiry: 383716 Reduced expiry: true Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 0.273 seconds Real time usage: 0.359 seconds Preprocessor visited node count: 2416/1000000 Post‐expand include size: 20644/2097152 bytes Template argument size: 3426/2097152 bytes Highest expansion depth: 20/100 Expensive parser function count: 5/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 16129/5000000 bytes Lua time usage: 0.160/10.000 seconds Lua memory usage: 5137768/52428800 bytes Number of Wikibase entities loaded: 1/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 334.232 1 -total 29.17% 97.479 1 Template:Reflist 29.08% 97.188 1 Template:Infobox_company 26.14% 87.354 1 Template:Infobox 25.01% 83.592 4 Template:Cite_web 17.68% 59.084 1 Template:Short_description 13.08% 43.705 4 Template:Fix 12.74% 42.586 2 Template:Cn 10.19% 34.047 2 Template:Pagetype 7.01% 23.429 6 Template:Category_handler --> <!-- Saved in parser cache with key enwiki:pcache:483279:|#|:idhash:canonical and timestamp 20241126132451 and revision id 1249046388. 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