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It’s not specified in this press release but the announcement means a change in the financial data source for Excel 365’s Stock data type.
” 16 October 2018
Collaboration brings financial data to the masses with simple, direct access to trusted financial data within Microsoft Excel, MSN Money and Bing.
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, announced today that its financial and markets data will be integrated in Microsoft applications and services, including Microsoft Excel, MSN Money, and Bing.
The agreement will make trusted financial data from Refinitiv available to customers who utilize these applications, starting with Excel, which has over one billion users. The integration with Excel is expected to be available as soon as the end of this year.
Under the agreement, Microsoft News will also publish financial data from Refinitiv along with curated news from more than 1,000 publishers and 3,000 brands to keep users informed via MSN.com, the MSN Money app and other Microsoft products.
The financial information provided by Refinitiv includes fundamental company information, covering 181 markets in 36 languages, and pricing information, with up to 7 million updates per second over 70 million financial instruments.
“In a complex and fast-moving world, more people than ever need accurate, comprehensive data they can trust at their fingertips to work smarter, make better decisions and succeed,” said Debra Walton, Chief Customer Proposition Officer for Refinitiv. “This agreement harnesses the ubiquity of Microsoft’s software and apps to bring the power of our trusted financial data to consumers and business users in all corners of the world.”
“This agreement is an exciting expansion of our relationship with the Thomson Reuters Financial and Risk business as it becomes Refinitiv. It empowers our customers with access to high quality, trusted financial data directly in Microsoft apps and services helping them be more productive and make fast, informed decisions,” said Jean-Philippe Courtois, Executive Vice President and President, Microsoft Global Sales, Marketing and Operations.
Under the agreement, users of Microsoft products will have access to sufficient company information and price data to fulfil most needs for non-financial professionals.
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community – driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime.
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