@thomsonreuters.com
Thomson Reuters is one of the world's most trusted providers of answers, helping professionals make confident decisions and run better businesses.
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About
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Thomson Reuters is a leading provider of business information and risk management solutions headquartered in the United States. The company was founded in 2008 following the merger of Thomson Corporation and Reuters Group PLC. Thomson Reuters operates from its headquarters located in New York City, New York.
The state-of-the-art building is situated at 3 Times Square, also known as the Thomson Reuters Building. This iconic building reflects the company's commitment to innovation and represents its strong presence in the financial district. The company offers a wide range of products and services that cater to various industries.
Its main products include Eikon, a financial analysis tool; Westlaw, a legal research platform; and Checkpoint, a tax and accounting software. Thomson Reuters also provides news, data, and analysis to professionals in the fields of science, technology, and healthcare through platforms like Clarivate Analytics and Cortellis. Thomson Reuters has a global presence, with operations in over 100 countries.
The company has established noteworthy subsidiaries, joint ventures, and partnerships to expand its reach and provide specialized services. For example, it has collaborated with the Dubai International Financial Centre to create a financial ecosystem in the Middle East. Additionally, Thomson Reuters has partnerships with various universities, research institutions, and government bodies to promote research and knowledge sharing.
In terms of market position, Thomson Reuters is a major player in the business information and risk management industry. It competes with companies like Bloomberg LP and S&P Global. With a strong reputation and a diverse portfolio of products, Thomson Reuters has consistently maintained a prominent position in the market.
Over the years, Thomson Reuters has achieved several milestones and implemented strategic changes to support its growth. In 2016, the company sold its intellectual property and science business to Onex Corporation and Baring Private Equity Asia. This move allowed Thomson Reuters to focus on its core competencies and invest in areas like artificial intelligence and data analytics.
Currently, Thomson Reuters continues to innovate and expand its offerings. It recently announced plans to launch a startup incubator in Toronto, Canada, to nurture early-stage companies in the legal tech field. These initiatives demonstrate the company's commitment to staying at the forefront of industry developments.
In conclusion, Thomson Reuters is a leading provider of business information and risk management solutions. With its global operations, diverse portfolio, and strong market position, the company remains a key player in the industry, continually adapting to meet the evolving needs of its clients
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