Formerly Tech Data, TGM said it provides 29 services aimed at sales and trading professionals in fixed-income, foreign exchange, capital and emerging markets.
“This is a great opportunity for us,” said Christine Berthet, TGM’s president. “Our purpose is to deliver quality financial analysis through the preferred venue of our customer. The combination of our recommendations and the depth of the Reuters platform will provide our clients with the tool they need to make informed investment decisions.”
Reuters’ customers will find Thomson Global Markets on such services as Markets, Treasury, and Money 3000, and on the regional services distributed via Reuters IDN network, the firms stated.
“Thomson Global Markets data complements our own information offering and gives our customers a more extensive choice of quality third-party services,” said John Adams, Director of Commercial Policy at Reuters.
For many years, the services now offered by TGM were available only via Telerate, whereas many potential customers chose alternative platforms. The deal with Reuters is expected to bring TGM services to a much wider market.
TGM was launched in July this year, following a merger between Technical Data, Thomson Research (a financial markets fax service) and DealWatch (an online service in Japan) .