Thomson Reuters goes live with Delta Data Factory

Dale Richards, President of FD US and Global Head of Data Management at FD

"The service is a powerful new model for the data industry and TR implementing and going live is a terrific endorsement of the capabilities."

First Derivatives plc, the provider of software and consulting services to the capital markets industry has announced that Thomson Reuters (TR) pricing and reference data group (P&RDG) has selected and implemented FD's Delta Data Factory (DDF) for use internally as a component in its data delivery strategy. This announcement follows FD's 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 Pricing and Reference Data, "We selected FD's 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 TR's data strategy, FD's independence as a strong third party service provider supports and accelerates our plans allowing clients to leverage our data quickly. We're now successfully live with a number of clients".

Dale Richards, President of FD US and Global Head of Data Management at FD commented, "We are very pleased to have TR as a client of DDF. The service is a powerful new model for the data industry and TR implementing and going live is a terrific endorsement of the capabilities".