As part of its connectivity strategy, Thomson Financial can use RadianzNet to provide its clients with access to Thomson ONE, the open application framework that incorporates Thomson Financial's leading content sets and applications such as First Call, SDC Platinum and Autex. Existing clients of other Thomson Financial products including Datastream also can benefit from the agreement.
Thomson Financial's European Commercial Director, David Bilbé said: "We are pleased to be able to offer clients in Europe and Asia access to Thomson ONE through RadianzNet's high-performance infrastructure. This complements our global network by leveraging RadianzNet's connectivity to nearly 10,000 financial services sites worldwide."
Clients that already use RadianzNet for accessing or distributing one or more financial services should be able to start using Thomson ONE and other Thomson Financial applications in as little as 10 working days.
Radianz's President and CEO P. Howard Edelstein said: "Thomson Financial is a top provider of market data and information services to the global financial industry. Our agreement is significant and a milestone in Radianz's history because it reinforces the neutrality of our infrastructure, which is designed to empower all financial institutions worldwide to communicate with their clients."
Thomson ONE is a flexible, open application framework that allows for the easy integration of content and tools from Thomson Financial, third parties and clients' 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 Analytics is aimed at the institutional investment market, Thomson ONE Equity is aimed at the institutional equities market and Thomson ONE Banker is aimed at the investment banking market. Thomson Financial will launch Thomson ONE Yield for fixed income users and portfolio management and investor relations product suites in Europe and Asia in 2004.
RadianzNet is optimized to meet the financial industry's extreme demands for reliability, security and high performance. It links institutions and their clients located in more than 500 cities and 120 countries worldwide.
