Allianz has selected Thomson Reuters to provide their fixed income pricing requirements. Thomson Reuters Pricing Service (TRPS), an independent pricing service covering over 2.5 million global fixed income securities, derivatives and bank loans, will work closely with Allianz to help them meet their valuation, reporting and regulatory requirements by having a robust risk management process in place.

As a leading global financial services firm, Allianz is focused on meeting the increasingly complex web of regulatory challenges faced by the financial services industry today. International Financial Reporting Standards 13 (IFRS 13) accounting requirements enhances a reporting entity's disclosure responsibilities requiring entities to lay bare the valuation techniques and inputs used to arrive at their reported fair value measurements. TRPS will work with Allianz to help them meet their IFRS 13 requirements. TRPS is supported by experienced evaluators who apply consistent pricing methodologies, reflecting up-to-date market conventions and procedures in order to provide transparency into the inputs and techniques used to value illiquid and harder-to-value securities, which greatly facilitate the compliance task.

"At IDS GmbH - Analysis and Reporting Services, we are responsible for market data provisions for Allianz, a leading financial services firm serving millions of clients around the world. We have a best-practices process in place to ensure that all the data required is fully compliant with global regulations. Allianz selected Thomson Reuters Pricing Service because of its coverage, related asset class methodologies and the level of transparency offered to us," said Thomas Vogg, head of market data services at IDS - analysis and reporting services, Allianz.

TRPS is a global solution that covers over 2.5 million fixed income securities, derivatives and loans, priced daily, including: collateralized loan obligations (CLOs), collateralized debt obligations (CDOs), asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), credit default swaps (CDS), corporates, US municipals, and more. Prices are delivered throughout the day or at market closing times around the world depending on the asset class, with supporting commentary to provide insight on the day's events.