A looming erosion of U.S. dollar dominance in international payments threatens to cripple the worldwide reach of financial sanctions and anti-money laundering controls led by the United States and its allies. This would compel Western financial institutions to improve data and analysis about their customers to guard against tainted money, officials said.
“It’s not if; it’s when,” retired Rear Adm. Chris Parry, a U.K.-based strategic forecaster, told a Thomson Reuters Financial & Risk conference in New York. “Every financial institution needs a strategy to be developed now for the days that are coming when money will be thrown across the wall to you and you have no indication whatsoever of where it’s come from and its provenance.” (more…)
Now running for 25 years, the MIT $100K Entrepreneurship Competition has established itself as one of the U.S., and world’s, premier student business competitions. Awarded alongside the MIT $100K Launch Prize, the Thomson Reuters Data Innovation Lab is proud to support the Thomson Reuters Data Prize, to recognize a team for which innovative use of data is core to their business. Mona Vernon, Vice President, Data Innovation Lab, has supported and championed the Thomson Reuters Data Prize since 2011 in recognition of the high quality teams that the competition produces and the exciting potential that the new businesses represent across all the markets that Thomson Reuters operates in.
14 May 2015Andrew Fletcher
This year two winners have been chosen to recognize two important trends for data intensive businesses. Quorum and RaptorMaps were awarded $5000 each by John Schloff, Senior Director in our IP & Science business, at the MIT $100K Launch Finale on May 13, 2015 at the Kresge Auditorium, Cambridge, MA.
On presenting both teams with their checks, John commented: “At Thomson Reuters we cover the whole lifecycle of innovation. What really impressed us in these two teams was how they covered the spectrum from discovery of new sources of data to the insights and the understanding to gain competitive advantage from that information. Congratulations to Quorum and to RaptorMaps!” (more…)
Last week I had the pleasure of presenting findings from a new report into intellectual property (IP) licensing at a World IP Day event in Paris. With 10.8 billion Euros estimated to be generated in the French licensing market alone, the licensing of intellectual property (IP) is a conversation starter for anyone working in the IP industry.
For those less familiar with the subject, the licensing of intellectual property rights is the process whereby an inventor forms a partnership to license IP rights for commercial gain in exchange for a fee. With that, much of the dialogue around the licensing market is taken by those arguing for a change in the law to enhance the market and make it more transparent.
But in the absence of strong data, the arguments put forward are largely based on assumptions and individual experiences so it is important to get the full pictures of the licensing market. (more…)
The owner of sounds and sound effects used by numerous recording artists alleges in a Los Angeles federal court lawsuit that albums by Britney Spears and hip-hop group Travis Porter infringe his copyrights.
Kirk Rothrum is suing Sony Music Entertainment, RCA Records Inc. and Zomba Recording LLC, the three record companies that produce the allegedly infringing tracks, for unspecified actual or statutory damages.
According to a new report, honey bees disappeared at a staggering rate over the last year. Today’s graphic shows the annual managed honey bee colony losses by state and overall.
14 May 2015Thomson Reuters
Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.
At the Thomson Reuters Foundation, we stand for free, independent journalism, human rights, women’s empowerment, and the rule of law. We expose corruption, the human impact of climate change, and play a leading role in the global fight against human trafficking and slavery. We use the skills, values, and expertise of Thomson Reuters to run programs that trigger real change and empower people around the world. We tackle global issues. We achieve lasting impact. Explore our 2014 Thomson Reuters Foundation Annual Report.
For over 30 years, we have been fostering the highest standards of journalism, drawing on the expertise and global footprint of Reuters. We believe accurate and independent media lead to better informed societies. They hold power to account and contribute to economic and social development.
We have gone beyond the traditional concept of journalism training and run initiatives ranging from the creation of sustainable, independent news platforms to a wide selection of skills and mentoring program. This unique mix allows us to provide world-class solutions to pressing needs, helping excellent journalism reach the largest possible audience.
Training without borders
No subject or territory is off limits. In 2014, we trained nearly 1,000 journalists in countries as diverse as Mauritania, Rwanda, Kazakhstan, Fiji, Jordan and Bolivia. In Mauritania, we tackled taboo subjects such as rape and sexual harassment. In November, we hosted the very first journalism course assessing best practices to report human trafficking and slavery. (more…)
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This week’s post is co-authored by Tim Nixon, Director of sustainability at Thomson Reuters, and John Moorhead, sustainability consultant at BSD Consulting.
With the world’s government representatives having gathered recently to discuss cuts in their greenhouse gas (GHG) emissions for the upcoming Paris talks, the timing is ripe to discuss the role of the world’s business sector in likewise reducing emissions. Are the world’s 500 largest businesses (Global 500) reducing their GHG emissions at a rate consistent with the global scientific consensus on the risks of climate change?
As discussed in a new report from Thomson Reuters and BSD Consulting, the Global 500 are directly and indirectly (through the energy they use) responsible for more than 10 percent of worldwide GHG emissions. “Responsibility” in this context is a complex concept. Nearly all of us regularly use the products from the largest emitters of GHG. We are all a part of a stakeholder network that shares in the benefits provided by modern industry, but also in the responsibility for managing the impact of that industry on our planet, and the planet that subsequent generations will inhabit. (more…)
Verizon plans to buy AOL for $4.4 billion in an effort to find new growth avenues like mobile video and targeted advertising. Today’s graphic lists the top 20 worldwide technology/media/telecom deals, YTD.
13 May 2015Thomson Reuters
Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.
Evaluated pricing sits at the heart of fair value measurement. This hasn’t necessarily always been the case. In an interview with Finextra, Jayme Fagas, Global Head of Valuations & Transparency – Thomson Reuters Pricing & Reference Services, takes a look at the changing role of evaluated pricing for practitioners and its importance for portfolio valuations.
13 May 2015Thomson Reuters
The significance of evaluated pricing for portfolio valuations centers and relies on the ability to defend an evaluated price. From a fair value pricing perspective, the capacity to defend an evaluated price is what’s truly needed to meet the regulatory obligations that IFRS and AIFMD as well as numerous other regulations have placed on market practitioners.
Access to market observable inputs is identified by Fagas in her interview with Finextra as one means to defend a price. Although a number of vendors do in fact offer prepackaged measurement tools, Fagas is cautious of their shortcomings resulting from a lack of clarity around how an exact measurement has been derived. Instead she asserts that the best outcome involves a combination of the measurement plus all the available market observable inputs which collectively produce a full package. (more…)
15 May 2015
