global Reuters has signed a deal with Finbourne to use the start - up ’s cloud - based advanced investment management platform to manage clients ’ portfolio and transaction data . The platform , Lusid , is an event - based platform , which allows portfolio data to be viewed as it was at any point in its existence . It aims to provide users with a single source of data , enabling better management of disparate data and providing cost efficiency , while helping to bolster existing legacy investment - management systems .
Thomson Reuters has signed a deal with Finbourne to use the start-up’s cloud-based advanced investment management platform to manage clients’ portfolio and transaction data. The platform, Lusid, is an event-based ledger, which allows portfolio data to be viewed as it was at any point in its existence. It aims to provide users with a single source of information, enabling better management of disparate data and providing cost efficiency, while helping to bolster struggling legacy investment-management systems.