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Thomson Reuters Corp (NYSE:TRI) today announced the start of a new stage regarding the open capabilities of its flagship financial desktop, Eikon.
The company is adding App Studio to Eikon, in a move that will allow third-party developers to create apps that display as native applications on the Eikon screen, distributing them directly and securely to Eikon users.
The launch happens as the financial industry is increasingly turning to open technology standards to promote the innovation and flexibility institutions need to stay competitive. With App Studio, Eikon secures an open environment where the financial industry can create a new generation of apps that help foster innovation whilst also improving productivity.
App Studio is an evolution of Eikon’s pre-existing open capabilities, enabling in-house developers and independent software vendors to blend Eikon’s leading news, market data and analytical tools with proprietary research and other third-party data. These apps can then be deployed directly within Eikon, either publicly or to specific individuals or groups.
“Financial institutions today are seeking a fresh approach to technology development and innovation and understand that openness is key to ensuring control and flexibility,” said Sang Lee, managing partner, Aite Group.
“By empowering and engaging a vibrant developer community, firms can create applications that intelligently use data to reduce cost of ownership, streamline workflows and create a community that allows users to leverage knowledge, best practices and resources. Enabling users to leverage existing infrastructure and resources from idea generation to application deployment can help firms drive effective collaboration and empower them to succeed in the increasingly competitive marketplace.”
“Our customers’ success increasingly depends on their being able to use the data they want, in the format they require, on the devices they prefer,” said Philip Brittan, chief technology officer and global head of platform, Financial & Risk, Thomson Reuters.
“Thomson Reuters is building an open platform where the ideas of the market can thrive. App Studio in Eikon is one of many ways we are drawing on open technologies to eliminate the barriers to efficient, collaborative workflows in the financial industry. It will help financial professionals generate fresh business ideas, respond rapidly to market changes and deliver new tools and services to their clients”
To view the official announcement from Thomson Reuters, click here.