Thomson Reuters links internal systems to help hedge funds

Date: Tuesday, September 2, 2008
Author: Hedge Funds Review

Thomson Reuters has linked two of its internal systems to enable hedge fund managers achieve efficiencies in valuation, client reporting and portfolio management.

The company has linked PORTIA, its portfolio accounting system for asset managers and hedge funds, to DataScope Select, its global pricing and security reference data. DataScope Select is used by asset managers for portfolio management, administration and valuation.

The link is also designed to allow asset managers and market participants meet portfolio valuations, reporting requirements and fund performance measurement and analysis.

PORTIA clients will be able to add DataScope Select security data directly into PORTIA’s investment accounting platform.