Thomson Reuters has launched FX Monitor into its Eikon Messenger solution. The new offering is aimed at corporate treasurers in the foreign exchange space.
Accrding to a TR press statement, Treasury departments at most major corporations are spread across multiple locations and time zones, as are their banking and financial intermediaries. While most non-financial corporates are not regular or high-volume FX traders, they still require quick access to real-time currency pricing data and market news to effectively manage their cash flow on both a regional and global level. This gives corporate treasurers unique requirements which the launch of FX Monitor in Eikon Messenger helps satisfy.
FX Monitor allows corporate treasurers to access bank counterparties, create bank sales desk groups, and distribute communications to banks.They will also have access to The Dealing Room, a global FX chat room that offers direct access to Thomson Reuters analysts and editors. Eikon Messenger also includes Bilateral Chat for corporate treasury departments to connect with corporate counterparties in a single location.
FX Monitor in Eikon Messenger provides corporate treasurers with a communications platform together with industry-leading FX analysis to help efficiently manage their currency and cash management operations and their relationships with external financial partners, said Yvette Jackson, global head of collaboration services, Thomson Reuters. This is another example of our ongoing commitment to provide advanced technology and UX design to improve workflow and flexibility for all industry professionals, whilst supporting users efforts to meet security and compliance requirements.
Eikon Messenger has more than 250,000 users across more than 170 countries and 24,000 firms, according to company claims.