Milestones : Class Editori And Thomson Create Financial Data Workstation


Thomson Financial, a provider of information and technology solutions to the worldwide financial community, and eClass, a company that supplies financial information and market data by satellite and via the internet, are to create a new workstation solution for the Italian financial community. eClass is owned by Italian publishing company, Class Editori, which is also the largest shareholder of Global Finance magazine. According to eClass and Thomson Financial, the workstation will offer the most comprehensive and tailored market data trading solution for Italian institutional and retail financial institutions.

The new Mf/Thomson solution will offer Italian-specific content and analytics from eClass integrated with Thomson Financials global content sets, including IBES earning estimates, M&A; and capital market deal data, Worldscope fundamentals and ownership data.

The first installation of the Mf/Thomson solution is near completion at one of the largest banks in Italy. The bank chose the solution because of the services completeness and ease of use, combined with an overall lower total cost of ownership. Richard Garnier, managing director, Continental Europe, Thomson Financial commented: The Mf/Thomson workstation has been tailored to meet the unique workflow and content requirements of the Italian financial community. Initial reaction from market trials has been extremely positive, particularly concerning the advantages of combining Thomsons market leading global content with eClass local knowledge of the Italian financial community.

Paolo Panerai, editor in chief both of Class Editori and of Global Finance, added: We selected Thomson Financial as our partner to service the Italian financial community because of its commitment to creating tailored workflow solutions supported by its global market leading content. This complements the unique understanding of the needs of the Italian financial community that our Mf/Milano Finanza solution suite has attained from its long expertise of dedicated service to this market.

The Mf/Thomson workstation solution complements the eClass branded Mf/Milano Finanza solutions which are targeted at the off-trading floor community, served by Mf Sat and Mf web and aimed at the principal banks, brokerage firms and private operators.