Capital ultimately backs capital. While politicians might make the headlines, it’s the bond markets that keep the score – and governments forgetting this cast-iron rule ultimately pay the price.
With US President Donald Trump overturning the 80-year world order, it has never been more imperative for Australia – including financial institutions – to nurture a better understanding of the Middle Kingdom.
NAB Asset Servicing’s big deal with Thomson Reuters
(pictured: Daryl Sisson)
NAB Asset Servicing has consolidated data feeds under one preferred provider, Thomson Reuters, through its ‘DataScope Select’ platform, and installed the information company’s terminals in its business.
David Knights, acting head of the NAB custody arm, said in a statement last week that Thomson Reuters was appointed “not only because they offer excellent breadth, depth and quality of content in the market, but [because] they are committed to working with us as partners and bringing the very best experience to our customers”.
A NAB spokesperson said later that Thomson Reuters would be providing exchange-traded equity prices to NAB on a daily basis alongside security reference data for the majority of asset classes. While the information provided to NAB Asset Servicing would remain the same, he said, Thomson Reuters’ Eikon terminals had been introduced throughout the business to support these data feeds.
Daryl Sisson, Thomson Reuters managing director for financial and risk business in Australia and New Zealand, said DataScope Select was a leading strategic data delivery platform for non-streaming pricing and reference content globally.
“The platform is a full cross-asset offering with intelligently linked data for all Thomson Reuters DataScope content including reference data, corporate actions, legal entity data, end-of-day and intra-day pricing and evaluated pricing Services,” he said.
