Refinitiv Overview
Refinitiv, now integrated into the London Stock Exchange Group (LSEG) as LSEG Data & Analytics, is a comprehensive suite of financial market data and analytics solutions designed to empower financial professionals with the insights and tools they need to make informed decisions.
What Refinitiv Does
Refinitiv provides a wide range of products and services that deliver extensive financial market data, analytics, and infrastructure. These solutions are tailored to support various aspects of financial operations, including market analysis, trading, risk management, and compliance.
Key Features and Functionality
Data Feed and Distribution
Refinitiv Real-Time is a cornerstone of the platform, offering a low-latency, consolidated global data feed that connects users to thousands of exchanges and OTC-traded markets. This service can be accessed via the Refinitiv Real-Time Distribution system or the Cloud-based Refinitiv Real-Time Optimized service (RRTO), allowing for full tick, conflated, and delayed data feeds as needed.
Instrument Coding and Identification
Refinitiv uses Reuters Instrument Codes (RICs) to uniquely identify financial instruments across different exchanges, ensuring global consistency and ease of use. Although the platform is instrument code agnostic, RICs are widely utilized.
APIs and Development Tools
Refinitiv offers a variety of APIs and development tools to facilitate the integration of its data services into user applications. These APIs are messaging-oriented and event-driven, supporting different programming languages such as Python, TypeScript/JavaScript, and .NET through the Refinitiv Data Libraries. The libraries provide multiple abstraction layers, including Session & Delivery layers for raw data access and Content & Function layers for more business-specific interfaces.
Real-Time and Historical Data
The Elektron Data Platform delivers high-quality real-time and historical financial data, supporting advanced market analysis and insights. This platform is crucial for users needing detailed market data to inform their trading and investment strategies.
Analytical Tools
Refinitiv includes powerful analytical tools such as Eikon, which offers extensive market data, news, and analytics to help professionals make informed investment decisions. Other tools like Deal Tracker provide comprehensive financial market data and infrastructure to track and analyze market deals efficiently.
Risk and Compliance Solutions
In addition to market data, Refinitiv (now LSEG Risk Intelligence) provides robust risk and compliance solutions, including World-Check, which helps in identifying and mitigating financial crime risks.
Community and Support
Refinitiv is supported by a strong developer community and extensive documentation, ensuring that users have the resources they need to develop and maintain their applications effectively.
Conclusion
In summary, Refinitiv, as part of LSEG Data & Analytics, is a robust ecosystem that provides comprehensive financial market data, advanced analytics, and robust development tools. It is designed to support a wide range of financial professionals, from traders and analysts to risk managers and compliance officers, by delivering reliable, efficient, and insightful solutions.