Thomson Reuters Teams Up with Imperial College to Push Fintech Envelope

Thomson Reuters is the latest big-name venue to reinforce its commitment to big data investment and innovation, teaming up with the UK’s Imperial College London to aggregate data science expertise from across the corporate and academic worlds.

Big data is one of the largest areas of emphasis across the financial realm, having been deployed or utilized by some of the world’s leading institutional trading venues. Machine learning, big data, and a variety of other innovative technologies lie at the forefront of the financial world moving forward.

As such, with funding being poured into ventures at a historic rate, the new joint venture between Thomson Reuters and Imperial College London will look to fuel innovation across both the fintech and regtech industries via a series of collaborative research projects. Moreover, both groups will look to emphasize and focus on global big data challenges impacting financial and legal professionals, drawing upon two diverse backgrounds.

Mutual Gains

The nature of the partnership will see a duality of research groups from the Data Science Institute at Imperial College as well as Thomson Reuters’ financial market data streams and legal background expertise. Additional concessions will be made by the group’s data management and machine-learning expertise, which will look to complement Imperial's data visualization studio and academic pool of talent.

One of the overarching goals of the partnership between the two groups will be to create a global ecosystem that consolidates academics, financial markets institutions, and technology firms – such a collaboration would go a long way in helping to address myriad fintech issues incurred presently, including, but not limited to, supply chain risk, financial Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, real-time data analysis, and regtech issues such as the impact of Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term.

The latest partnership between Thomson Reuters and Imperial also comes on the heels of recent openings of additional research facilities in London, Zurich, Boston, USA and Waterloo, Canada by the company.

Earlier today, Thomson Reuters made headlines after added a new futures and options utility that caters directly to commodities and energy traders. The new application also helps users execute futures and options orders via Thomson Reuters Eikon, helping mitigate market data fees across multiple platforms.