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Financial professionals using Thomson Reuters (NYSE:TRI) flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API. Together with App Studio, Eikon’s third-party developer suite, users can extract even greater value from Eikon through a more seamless workflow on a single desktop.
The new API is designed to meet the changing needs of financial professionals as they use an ever-expanding number of applications from different providers to reflect individual needs and market segments.
Side by Side Integration can connect any financial application on the desktop to Eikon, helping users move seamless between different tasks in their workflow. For example, in one click, a buy-side professional can connect Eikon news, charts, and real time applications with other applications on their desktop.
Allowing the integration of Thomson Reuters news and data with other applications on a single open platform offers our customers a customized, time-saving, and seamless workflow solution.” said Debra Walton, managing director, customer proposition, Thomson Reuters. “Leveraging our Eikon and Elektron platforms in the FinTech community gives us the ability to deliver quality solutions to financial markets. We are also delighted to be working with OpenFin as one of new FinTech partners in this effort.
Side by Side Integration allows for external applications to hook into the communications network that Eikon apps use to exchange information. Examples include Instrument Identifiers, Portfolio, or Trade Orders that can be passed between applications.
With Side by Side Integration, partners in the fintech industry could expand the value of their targeted propositions through seamless workflows for users in an open environment. For example, Side by Side Integration makes Eikon interoperable with the OpenFin common operating layer for desktop applications, enabling easy context sharing between Eikon and all desktop applications that run using OpenFin.
It’s vital in the financial industry to encourage interoperability, especially so on the desktop. Better connectivity across apps and services, as aided by the Side by Side Integration, makes for time-savings, productivity improvements and corresponding financial gains,” said Mazy Dar, CEO, OpenFin. “Side by Side Integration expands and empowers this trend of interoperability. OpenFin is the first platform to integrate with the Side by Side Integration API, connecting hundreds of apps to Eikon’s powerful desktop in one fell swoop, which fits perfectly with our mission.
The API is available through the Thomson Reuters Developer Portal. With over 20,000 external developers using APIs across all Thomson Reuters business segments, the Thomson Reuters Developer Community Portal is an enhanced developer experience, designed and built by developers for developers to meet ongoing business challenges.