Refinitiv Eikon Overview
Refinitiv Eikon is a comprehensive suite of software products designed for financial professionals to monitor, analyze, and act on financial information in real-time. Here is a detailed overview of what the product does and its key features:
Purpose and User Base
Eikon is tailored for financial professionals, including traders, analysts, and researchers, both in industry and academia. It provides a robust platform for accessing and analyzing a vast array of financial data, news, and analytics.
Key Features
Data Coverage
Eikon offers extensive coverage of various asset classes, including foreign exchange, money markets, fixed income, equities, commodities, funds, and real estate. It includes comprehensive historical financial data and economic information for over 175 countries, spanning the last 50 years.
Real-Time Market Data
Users have access to real-time market data, enabling them to stay updated with the latest market movements and trends. This includes data from Tradeweb for fixed income and derivatives asset classes, as well as market-related news from Reuters and other sources.
Analytical Tools
The platform is equipped with advanced analytical tools, allowing users to perform detailed analysis and create customized views. It incorporates features like peer analysis tools, ESG scores, and statement and factsheet views, which are particularly useful for sustainability and ESG research.
Customization and Integration
Eikon is highly customizable, with users able to compose personalized views on multiple screens using the desktop client. It also integrates with Microsoft Office, allowing data retrieval and export into Excel, PowerPoint, or Word. Additionally, Eikon provides APIs for programmatic access, enhancing its versatility.
Communication and Collaboration
The platform includes Refinitiv Messenger, which facilitates communication through bilateral chats, group discussions, and topic-based chat rooms. This feature enables users to interact directly with Reuters journalists, industry contacts, and peers from leading global companies.
Platforms and Accessibility
Eikon is available on multiple platforms, including a desktop client, mobile app, and web interface. This ensures that users can access the platform from various devices, although some features may have specific access restrictions, such as on-campus access for academic users.
Compliance and Security
Refinitiv Eikon includes tools for compliance management, such as the Policy Management tool, which allows administrators to lock down user access to certain features and ensure adherence to regulatory requirements. The platform also has a “Strategic China filter” to comply with specific regional regulations.
History and Development
Eikon was launched by Thomson Reuters in 2010 as a replacement for Reuters 3000 Xtra. In 2018, it was transferred to Refinitiv as part of a larger deal involving Blackstone and the Financial & Risk business of Thomson Reuters.
Conclusion
In summary, Refinitiv Eikon is a powerful tool for financial professionals, offering a wide range of financial data, advanced analytical capabilities, customizable interfaces, and robust communication features, making it an essential resource for both industry and academic users.