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| Expanded agreement with Mediant Communications provides Thomson Reuters Wealth Management with seamless shareholder solutions for broker-dealers and banks |
NEW YORK, Nov 11, 2014 - (ACN Newswire) - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced an agreement with Mediant Communications to provide shareholder communications for Thomson Reuters Wealth Management solutions. Mediant is a leading provider of technology-enabled solutions for delivering and monitoring proxy, corporate actions, prospectuses, fund reports, bankruptcy notices and other communications between brokers and banks and their financial advisors, account managers and customers.
Thomson Reuters and Mediant Communications have collaborated closely since 2008 to integrate data flows for joint customers and provide interfaces between Thomson Reuters Wealth Management platform and Mediant's MIC (Management Information Center) database of shareholder events, documents and account information. With this new agreement, Thomson Reuters is able to create greater structure and standardization with its shareholder communications capabilities on the Mediant platform.
"Shareholder communications is an important component of the wealth management industry and Thomson Reuters is committed to ensuring that we remain at the forefront by providing best-in-class solutions," said Mark Schlageter, managing director, Go To Market, Americas, Thomson Reuters. "Mediant has demonstrated that it is a preferred vendor for brokers and banks, with a faster-growing client base than other industry participants and more forward-looking technology solutions. Our agreement makes it easier for clients to wrap our products and services into a single procurement decision and compliance-monitoring environment."
"As shareholder communications become more technology-driven with increasing emphasis on quality assurance and information security, Mediant's focus on both operational systems development and end-user software become more attractive to brokers and banks and their customers," said Arthur Rosenzweig, Mediant's CEO. "Now we can add enhanced value to Thomson Reuters clients and their customers."
Thomson Reuters Wealth Management meets the end-to-end needs of wealth management firms and delivers tools for financial advisors to be successful. The Thomson Reuters Wealth Management platform provides a complete suite of products to manage daily brokerage operations, including customer on-boarding, compliance and regulatory management. The platform offers direct access to industry leading market and news coverage along with workflow tools that integrate proprietary content and third party applications, proposal generation, model management and account rebalancing. For more information on Thomson Reuters Wealth Management, please visit: http://thomsonreuters.com/financial/wealth-management/.
Mediant Communications is an investor communications company providing software and services to banks, brokerage firms, corporations and investment companies for processing and distributing proxy materials, prospectuses and other communications to equity, bond and mutual fund investors. Established in 2002, Mediant is a pioneer in both front-office and back-office software for document processing and delivery for brokers and banks. Mediant also provides annual meeting management, distribution and tabulation services for corporate issuers. In 2012, Mediant became the first company to launch a full set of software solutions for the broker-dealer and its operations managers, financial advisors, retail investors and managed accounts. For more information on Mediant Communications, please visit: https://www.mediantonline.com/.
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to www.thomsonreuters.com.
CONTACTS
Lauren Herman
Public Relations, Financial & Risk
Office +1 646 223 5985
Lauren.herman@thomsonreuters.com
Lemuel Brewster
Public Relations Director, Financial & Risk
Office +1 646 223 5147
Lemuel.brewster@thomsonreuters.com
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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Globenewswire
Topic: Press release summary
Source: Thomson Reuters
https://www.acnnewswire.com
From the Asia Corporate News Network
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