NEWS


October 29, 2007

Thomson IFR And BQuotes Team Up on CDS News & Data

Thomson Financial, an operating unit of The Thomson Corporation (TSX: TOC, NYSE: TOC) and a leading provider of information, news and technology solutions to the worldwide financial community, today announced a strategic alliance with BQuotes, a top aggregator of Credit Default Swaps (CDS) pricing data serving traders, risk managers and portfolio managers. Through the partnership, Thomson IFR Markets will deliver its real-time CDS commentary and analysis through the BQuotes CDS platform, beginning this month.
 
"Our partnership with BQuotes is a natural extension of Thomson IFR's strategy to deliver the best real-time analysis to the sell and buy-side in the rapidly growing derivatives arena," said Edward Rombach, senior analyst, IFR Markets. "By adding IFR's insightful CDS commentary and analysis to the BQuotes CDS screen, the picture will become even clearer."
 
"We're delighted to welcome Thomson IFR Markets as a partner in our effort to enhance transparency of the over-the-counter markets," said Yiannis Tsiounis, Ph.D., president and CEO of BQuotes, a leading provider of price discovery software. "We saw a strategic opportunity to partner with Thomson and combine IFR commentary and analysis to the BQuotes real-time price-discovery and market data platforms, to assist money managers in trading decisions as well as in evaluating their portfolios in light of upcoming FASB regulations," said Tsiounis.
 
About BQuotes
BQuotes provides closing, market-to-market data for the Over The Counter markets in a variety of OTC asset classes, including CDSs, corporate Bonds, convertible bonds, Loan CDSs, Tranches, Variance Swaps, Options and ABSs. BQuotes extracts the data from unstructured emails of any format, with its real-time price-discovery software "BestQuotes". Founded in 2004, headquartered in New York and with offices in London and Brisbane, BQuotes is serving thousands of market participants across leading Investment Banks, Money Management and Hedge Fund firms worldwide, such as Highbridge, Angelo Gordon, Standard & Poor's, Primus Financial and others.
BQuotes contact:
US: +1 212 488 4999
UK: +44 (0) 207 096 1128
Asia-Pac: +61 7 3394 8431
 
About Thomson Financial
Thomson Financial, with 2006 revenues of US$2 billion, is a provider of information and technology solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation (www.thomson.com), a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare. The Corporation's common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Thomson contact:
Janice Addams
Senior Manager, Public Relations
Thomson Financial
646-822-2826