<p>Thomson Reuters announced the launch of Elektron managed services in Shanghai on May 24 to provide international and domestic financial institutions with cost-effective access to its real-time market data infrastructure and content.</p><p>Elektron Managed Services will be deployed in proximity to key financial markets through a data-center facility in Shanghai and will provide firms with access to low-latency market content in addition to global, cross-asset, real-time data, news and reference data, as well as access to a fully managed version of Thomson Reuters Enterprise Platform. The provision of this information will be supported by end-to-end performance monitoring and service management. Customers may co-locate their applications within the facility for even faster access to data and services.</p><p>Liu Wenjun, Manager of Shanghai Stock Communication Marketing Department said, "We welcome the introduction of Thomson Reuters Elektron in China as it will greatly extend the range of services and business opportunities available to the trading community. In particular, the platform will provide rapid and low-cost access to essential trading data."</p><p>The launch of Elektron Managed Services in China responds to the need for increasingly sophisticated trading strategies and risk management solutions in local as well as international markets, at a time when the Renminbi is rapidly becoming one of the major international currencies. Elektron Managed Services will also enable Chinese financial institutions to facilitate the expansion of their overseas businesses by leveraging Thomson Reuters Elektron's global footprint in international financial hubs.</p><p><a href="http://www.theasset.com/article/24373.html">Keep reading...</a></p>