Refinitiv and Microsoft team up for market data deal

Refinitiv market data will be integrated with Microsoft products including Excel, MSN Money and Bing.

Refinitiv, the recently rebranded Financial & Risk business of Thomson Reuters, has teamed up with Microsoft to integrate its financial and markets data.

The deal will see Refinitiv’s data become available to customers who use Microsoft applications and services, including Excel, MSN Money and Bing, by the end of this year.

Microsoft News will also publish financial data from Refinitiv alongside market news from more than 1,000 publishers and 3,000 brands via MSN.com, the MSN Money app and other Microsoft products.

“In a complex and fast-moving world, more people than ever need accurate, comprehensive data they can trust at their fingertips to work smarter, make better decisions and succeed,” said Debra Walton, chief customer proposition officer for Refinitiv.

“This agreement harnesses the ubiquity of Microsoft’s software and apps to bring the power of our trusted financial data to consumers and business users in all corners of the world.”

Refinitiv currently provides financial data and information covering 181 markets, including pricing, with up to seven million updates per second across 70 financial instruments. Users of Microsoft products will have access to company information and price data.

Earlier this month Thomson Reuters rebranded its Financial & Risk business to become Refinitiv, after closing the sale of a 55% stake in the company to private equity firm Blackstone.

“This agreement is an exciting expansion of our relationship with the Thomson Reuters Financial and Risk business as it becomes Refinitiv,” added Jean-Philippe Courtois, executive vice president and president of global sales, marketing and operations at Microsoft.

“It empowers our customers with access to high quality, trusted financial data directly in Microsoft apps and services helping them be more productive and make fast, informed decisions.”

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