Thomson Reuters Goes Live with Delta Data Factory

RNS Number : 1320X

First Derivatives PLC

09 February 2012

 

09 February 2012

First Derivatives plc 

("First Derivatives" or the "Company")

Thomson Reuters Goes Live with Delta Data Factory

First Derivatives (AIM: FDP.L, ESM:FDP.I), a leading provider of software and consulting services to the capital markets industry, is pleased to announce that, Thomson Reuters pricing and reference data group (P&RDG) have selected and fully implemented First Derivatives' Delta Data Factory (DDF) service. This announcement follows First Derivatives' recent launch of DDF, a hosted data factory service for reference data and also the formation of a dedicated data management division.

According to Tim Rice, MD of global content, "We selected First Derivatives' Delta Data Factory because of the flexibility and rapid implementation speed, powerful data transformation engine, data knowledgeable team, reliable hosted infrastructure and global support model. Within Thomson Reuters' data strategy, First Derivatives' independence as a strong 3rd party service provider supports and accelerates our plans allowing clients to leverage our data quickly." 

Dale Richards, President of First Derivatives'US and global head of data management at First Derivatives, commented "We are very pleased to have Thomson Reuters as a client of DDF. The service is a powerful new model for the data industry and Thomson Reuters implementing and going live is a terrific endorsement of the products capabilities."

Enquiries:

First Derivatives plc	[phone]
Brian Conlon, Chief Executive	www.firstderivatives.com
Graham Ferguson, Chief Financial Officer
Charles Stanley Securities (Nominated Adviser)	[phone]
Russell Cook
Carl Holmes
Goodbody Corporate Finance (ESM Adviser)	[phone]
Linda Hickey
Finbarr Griffin
Walbrook PR	[phone]
Bob Huxford	[e-mail]
Fiona Henson	[e-mail]
Stakeholder Communications	[phone]
Carl Whyte
John Hart

About First Derivatives

First Derivatives is a global provider of software and consulting services to the financial services industry. With almost 16 years experience working with leading financial institutions, it continues to deliver technologically advanced products and services that anticipate and respond to the evolving needs of global capital markets.

First Derivatives currently employs over 600 people worldwide and counts many of the world's top investment banks, brokers and hedge funds as its customers.  It has operations in London, New York, Stockholm, Shanghai, Singapore, Toronto, Sydney, Dublin, Newry and Hong Kong.

For further information please visit www.firstderivatives.com

 

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