Thomson Reuters Helps Compliance Teams to Manage Risk Effectively Through Consolidated Content Feeds
Financial Institutions, banks, insurance and law firms now have access to a comprehensive, customizable, integrated tool that monitors regulatory change
NEW YORK/LONDON, December 12, 2016 - For the first time all Thomson Reuters Regulatory Intelligence Feeds (TRRI Feeds) are now available in one consolidated feed to help compliance teams at banks, insurance companies and other legal and financial firms manage the ever-growing volume of alerts from the world's financial regulators, as well as essential intelligence on what these mean to businesses.
TRRI Feeds provides firms with automated regulatory alerts from a database covering over 750 global regulators, with notifications on developments delivered up to three times per day. This alleviates the strain placed on compliance teams to track regulatory developments from multiple sites, helps ensure developments that could affect the business don't go unmanaged, and that risk and mitigation decisions are based on the most current information available.
"The regulatory landscape is constantly evolving and financial institutions are under increased pressure to manage regulatory events that could adversely impact their business," said Stuart Martin, Head of Risk Information & Learning Services at Thomson Reuters. "Thomson Reuters Regulatory Intelligence Feeds was created with the end user in mind and was developed with feedback from industry professionals who manage this challenge daily. It is important that clients have a more flexible, comprehensive tool to monitor regulatory change with a low impact implementation process, and this is what we aim to provide."
This offering's user interface enables compliance teams to create multiple feeds configured to their regulatory requirements by content type, geography, keyword, sector, organizations, and themes. As a result, they can cost-effectively cut through regulatory content to select what is most important to them, free up valuable resources, save time, and help improve how they manage compliance risk.
"TRRI Feeds is an automated workflow solution designed to sustain large amounts of regulatory content. Ultimately the user interface will evolve and be available via redistribution channels and third party software, adding greater value for clients," added Martin.
Thomson Reuters Regulatory Intelligence delivers a focused view of the global regulatory environment, empowering compliance professionals to make well-informed decisions to manage regulatory risk with confidence using the most comprehensive and trusted intelligence available. This solution enables users to cut through the complexity and sheer volume of regulatory content by providing configuration capabilities that help provide clarity on what is most important to organizations in a cost-effective way. For more information, visit https://risk.thomsonreuters.com/en/products/regulatory-intelligence-compliance.html (https://risk.thomsonreuters.com/en/products/regulatory-intelligence-compliance.html)
Thomson Reuters
Thomson Reuters is the world's leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com (http://www.thomsonreuters.com).
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| Lemuel Brewster Global Senior PR Director, Financial & Risk Office +1 646-223-5147 Mobile +1 917-805-1089 lemuel.brewster@thomsonreuters.com (mailto:lemuel.brewster@thomsonreuters.com) | |
| Mark D. Harrop PR Manager Financial & Risk Office +1 646-223-7803 Mobile+ 1 347-803-5575 Mark.harrop@thomsonreuters.com (mailto:Mark.harrop@thomsonreuters.com) | |
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Source: Thomson Reuters Corporation via Globenewswire
