Market technology firm Thomson Reuters has introduced a new app designed to help the buyside trader monitor activities affecting his trading activities.
The new app, dubbed “Watchlist Pulse,” is part of the Thomson Reuters Eikon desktop trading system.
Watchlist Pulse is designed to streamlines workflow for portfolio managers, analysts and traders by automatically monitoring key activities impacting portfolios and stock lists. The app helps traders quickly monitor and review significant activities impacting companies in their portfolios and coverage lists, giving unparalleled insight into stock performances and trends.
“The financial markets are quickly becoming more transparent, but with that transparency comes an overwhelming quantity of data that financial markets professionals are forced to consume in order to be successful,” said Kevin McPartland, head of market structure and technology research, Greenwich Associates. “A consolidated, actionable view of news, research, price signals and market moving events provides a true information advantage for portfolio managers and research analysts alike.”
The new app highlights positive or negative movements for critical data sets such as StarMine Analytic scores as well as price changes, technical indicators, news, research, events and other factors all in one dashboard so users can quickly focus on what’s important. It also includes a research function that can highlight new analyst research for a stock – including recommendation changes, revisions to estimates or target prices, initiation reports, M&A activity, and management changes.
Portfolio managers and analysts may combine Watchlist Pulse with other Thomson Reuters Eikon capabilities, such as its industry overview and screener apps, to drill down into a company or sector which is gaining traction in the news, research, other events and news within the industry to gauge the impact and screen the factors driving stock price movement.
Earlier this year, Thomson Reuters announced the addition of key buyside capabilities to Eikon such as Datastream charting and macroeconomic explorer apps, new StarMine models, enhanced analytics and publishing tools.
