Document Management
- Parent Category: ROOT
- Monday, 30 July 2018
- Published Date
- Written by The Progressive Accountant
Thomson Reuters Financial & Risk business will be given the name Refinitiv. The new name will be applied when Thomson completes its sale of the majority ownership in the unit to Blackstone funds sometime this year.
As a standalone company, Refinitiv will continue to focus on providing data and insights, trading platforms, market data infrastructure and open technology platforms. The transaction will essentially reverse Thomson’s merger with Reuters, except that Thomson will maintain control of Reuters News.
David Craig, president of the Financial & Risk unit, will be CEO of Refinitiv. “… we believe that cloud technology will drive speed and agility in the analysis of data and the unearthing of new opportunities,” Craig said in a prepared statement.
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