Overview
Introduction
Thomson Reuters is a leading multinational corporation that provides business-critical information services to professionals across various industries. The company emerged from the merger of two historically significant organizations: the Reuters Group, founded in 1851, and the Thomson Corporation, which dates back to 1934. This strategic merger, completed in 2008, created a robust platform designed to deliver high-value information and technology solutions.
Key Divisions
Thomson Reuters operates through two principal divisions:
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Markets Division:
- Lipper: Specializes in providing mutual fund data, analytical services, and investment solutions.
- First Call: Delivers financial estimates and research.
- Reuters Knowledge: Combines news, market data, and analytical tools for financial professionals.
- Thomson ONE: An integrated desktop solution for financial professionals.
- StreetEvents: Provides a comprehensive database of corporate earnings calls and events.
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Professional Division:
- Westlaw: Legal research services and information.
- Sweet & Maxwell: Legal materials and publications.
- Hubbard One: Business development and marketing solutions for law firms.
- Checkpoint: Tax and accounting research solutions.
- Web of Science: A comprehensive citation database for scholarly research across multiple disciplines.
Examples
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Lipper
- Lipper provides investors and financial professionals with performance and analytical data on mutual funds, ETFs, and other investment products, facilitating informed investment decisions.
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Westlaw
- Westlaw offers comprehensive legal research services, allowing legal professionals to access case law, statutes, legislative materials, and other legal resources efficiently.
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Web of Science
- Web of Science caters to researchers from various academic and scientific domains by providing citation data and analysis, crucial for tracking research impact and facilitating scholarly communication.
Frequently Asked Questions
What is the primary focus of Thomson Reuters?
Thomson Reuters primarily focuses on providing critical information and technology solutions to professionals across sectors such as finance, legal, tax and accounting, and scientific research.
How was Thomson Reuters formed?
Thomson Reuters was formed through the merger of the Reuters Group and the Thomson Corporation in 2008.
What are some key brands under the Thomson Reuters umbrella?
Key brands include Lipper, Westlaw, Thomson ONE, Checkpoint, and Web of Science, among others.
Where is the headquarters of Thomson Reuters located?
The headquarters of Thomson Reuters is located in Toronto, Canada.
Related Terms
Reuters Group
Reuters Group was a British-based multinational media and financial information company founded in 1851, known for its comprehensive news service.
Thomson Corporation
Thomson Corporation was a Canadian multinational corporation established in 1934 that provided information services in diverse sectors such as healthcare, financial services, and legal markets.
Legal Research
Legal Research involves finding and analyzing legal precedents, statutes, regulations, and other legal resources to support legal decision-making and practice.
Financial Market Data
Financial Market Data refers to the comprehensive datasets covering various aspects of financial markets, including stock prices, trading volumes, and market indices.
Online Resources
Suggested Books for Further Studies
- “The Elements of Legal Writing: Essential Guide to Professional Communications” by Martha Faulk & Irving Mehler – An essential resource for understanding the intricacies of legal documentation and communication.
- “Investment Analysis and Portfolio Management” by Frank K. Reilly & Keith C. Brown – A comprehensive text that delves into the principles and practices of investment analysis.
- “Modern Information Retrieval: The Concepts and Technology behind Search” by Ricardo Baeza-Yates & Berthier Ribeiro-Neto – A definitive guide on the theories and technologies that underpin information retrieval systems.
Fundamentals of Thomson Reuters: Business Information Services Basics Quiz
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