Thomson Reuters has made a significant expansion of its Elektron suite of propositions, increasing its ability to support customers who are looking for new growth opportunities while also controlling their costs. It is increasing the number of points of presence for its consolidated, real time feed in both established and developing financial markets, as well as expanding the reach of its managed services proposition.

Capital markets in developing financial centres continue to grow in sophistication as both local firms and international investors increase their activities there. Firms operating in developing markets now require access to a much broader and deeper set of market data than they have previously, and need it delivered at the latency levels of more established markets. At the same time, firms are having to evolve their strategies to suit the challenging new trading conditions experienced in established financial centres. Both situations are requiring financial institutions to become more agile as well as to keep tight control on costs.

Thomson Reuters has responded to these challenges by developing the Elektron suite of propositions. Elektron powers customers' enterprises and connects global markets. With the expansion announced today, Thomson Reuters is helping its customers make the fundamental changes to the way they operate that are necessary for them to compete in the new industry environment.

Elektron's consolidated, real time feed provides customers with normalized, full-tick, depth-of-market data from exchanges around the world in a format that can be easily integrated into their proprietary and third party applications. While this is available to customers wherever they are, Thomson Reuters is increasing the number of locations where exchange data is collected and supplied locally. Customers operating in Johannesburg, Mumbai, Seoul and Toronto can now benefit from greater agility in data delivery, joining those in other leading financial centres of North America, Europe and Asia-Pacific.

Elektron Managed Services gives customers the ability to scale their businesses rapidly and access low latency data and services while lowering the typical costs of deploying and managing equivalent solutions in-house. This equips them with the tools and services they need to support changing trading strategies. With new data centres in Mexico City and Toronto added to those in developing and established financial markets across the globe, such as Sao Paulo, Mumbai and Chicago, Thomson Reuters can now help more customers manage costs and run their operations worldwide.