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Financial firms to benefit from Reuters, Tibco Spotfire partnership

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Reuters has entered into a global agreement to distribute Tibco Spotfire enterprise analytics software for next generation business intelligence to its financial services customers.

Under the agreement, Reuters will include Tibco Spotfire enterprise analytics software and services as part of its existing information services product suite, supported by Spotfire financial services sales and services specialists.
"Reuters serves the global financial services community with essential information products," says Michael Parlapiano, executive vice president, Global Head of Information Management Solutions.
"This is an exciting solution. Adding Spotfire to our suite of solutions helps our clients to more quickly take action on results drawn from all the data available in
their firms.  It will speed their ability to discover new insights from dynamic financial data, and rapidly adapt their analysis environment to solve any business process or type of data, driving significantly greater returns.   Partnering with Spotfire sales and services professionals assures our customers that they have the immediate product expertise to quickly put these tools to work in their businesses."
The Tibco Spotfire enterprise analytics platform for next generation business intelligence adapts to any business or analysis process and easily extends across the organization to serve users with varying analysis experience and different analysis needs.  Reuters and Spotfire have tailored the platform to the needs of financial service professionals, providing specific functionality aimed at their needs, including:
* Faster and more visual interactive analysis of Reuters' benchmark content in conjunction with other internal and external information sources,
* Collaboration and information sharing across investment teams and the wider enterprise,
* View complex market data in innovative ways, without incremental effort from development teams,
* Access to a library of discipline-specific analytics applications, including: performance attribution, portfolio risk, compliance, counterparty risk and near real-time market analytics.
Says Marco Gerazounis, Tibco Software director: Middle East & Africa (MEA): "Reuters is recognised by business users around the world as a trustworthy and fast source of news and financial information.
"Spotfire allows people to interact with any type of data, gain actionable information from it in real-time, and share those insights with others. This combination positions Spotfire as a critical analysis environment for use across any department in financial institutions around the world."