THOMSON REUTERS
From Technology Through Innovation to Business - Innovating to Maximise
Business Growth
Amanda West
Chief Innovation Officer
Company Overview
Thomson Reuters is the world’s leading source of
intelligent information for businesses and professionals,
giving our customers competitive advantage
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Business Overview
We have the #1 or #2 position in the markets we serve
Markets Division
Professional Division
FINANCIAL
HEALTHCARE
LEGAL
Applications used by over half
a million professionals globally
Informing healthcare decisions
affecting 150 million lives
Westlaw relied on by 98% of
the world’s major law firms
MEDIA
SCIENTIFIC
TAX & ACCOUNTING
Reuters News reaches over
1 billion people daily
Used by 20 million
researchers worldwide
Checkpoint used by 99 of the
top 100 U.S. accounting firms
* Financial information is pro forma for 2007, and removes the impact of acquisition accounting revenue adjustment.
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Thomson Reuters Advantage
Largest Provider in
the Electronic
Information Space
At $12.5 billion in 2007 pro forma revenue, Thomson Reuters is
the largest provider of intelligent information to business and
professional customers in the world
True Global
Presence
Serving 140 countries through offices in 300 cities in 93 countries
For Professionals,
By Professionals
Across our business, we have varied and vast expertise, including
14,600 legal experts; 9,300 financial experts; 3,000 tax and
accounting experts; 2,600 healthcare experts; 2,400 scientific
experts; and 2,400 seasoned journalists
Strong Brand
Named #44 in the BusinessWeek 2008 ranking of the 100 Best
Global Brands
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Creating Intelligent Information
Productivity
Tools
Platform
Content
Incremental, repeatable innovation driving core revenue growth
Intelligent Information
Metadata
Context
What is Metadata at Thomson Reuters?
Metadata: Period
Metadata: Data Item Display Name
FY 2009 Sales/Revenue
Metadata: Entity/Identifier
Data: FC_SALES_MEAN
Md: EstFlag
Metadata: Currency
MSFT-US 10,235 E USD
Metadata: Units
Millions
Metadata = Data about Data
Data + Metadata = Information
Data + Bad Metadata = Misinformation!
Structuring the Unstructured
Lawmakers near bailout deal; economy stumbles
Thu Sep 25, 2008 10:44am EDT
By Jason Szep
NEW YORK (Reuters) - U.S. lawmakers neared agreement on a massive Wall Street bailout plan
on Thursday with more protections for taxpayers, giving world stock prices a boost even as data
showed the U.S. economy slowing.
Lawmakers hope to reach a bipartisan consensus on a proposed $700 billion rescue for U.S.
financial firms in time for a meeting at the White House Thursday afternoon.
"The idea of a rescue plan has gotten a public airing. Now it's time for both sides to roll up their
sleeves, get together in a room and hash this out once and for all," Charles Schumer, the New
York Democrat who chairs the congressional Joint Economic Committee, said in a written
statement.
U.S. Treasury Secretary Henry Paulson was expected to work the phones to try to reach a deal
with Congress and was closely monitoring the situation in stressed credit markets, where bank-tobank dollar borrowing rates jumped sharply.
After lawmakers meet behind closed doors, President George W. Bush will bring presidential
candidates Barack Obama and John McCain into the negotiations at an emergency White House
meeting with Democratic and Republican congressional leaders.
The frenzy of meetings in Washington follows signs of fresh trouble in the world's biggest
economy. Orders for U.S. manufactured goods plunged in August, and the number of workers
filing new claims for jobless benefits shot up, according to government reports that showed the
economy rapidly weakening.
Top U.S. industrial conglomerate General Electric Co issued a rare profit warning, citing
"unprecedented weakness and volatility" in the financial services market.
Central banks have pumped billions of dollars into financial markets to try to ease the credit
crunch.
Just weeks before Americans go to the polls to elect their next president, critics have expressed
concern that a bailout will let freewheeling bankers get off too lightly, and doubts have surfaced
over whether the plan can solve the wider credit crisis.
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Entity Mastering
Databases which allow the “linking” of documents
People, Places, Products, Companies, etc…
Company Authority File
• Legal Name & Address
• Identifiers (public & private)
• Industry Classifications
• Legal Structure & Relationships
A Family of Document Relationships
Every retrieved document brings
along many more documents
Parser
Query
Search
Smart
Answer
doc
doc
doc
doc
doc
doc
doc
doc
doc
Westlaw
doc
doc
doc
doc
doc
doc
doc
doc
doc
cited docs
doc
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doc
doc
doc
doc
query logs
recommend
doc co-citations doc
doc
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Documents can have different
types of relationships
For example, when a user
clicks on a set of documents
in the same session, a
relationship is enabled
between these documents
Automatic Expert Witness DB Construction
• Extract expert names
from jury verdicts
• Collate records
• Match against public
records data
• Classify against
expertise taxonomy
• Link records to other
documents, e.g.,
medline, news
Machine Readable News
Dan, the black box trader
Open Calais: Everyone Wins
Powerful, free markup services to anyone who creates,
aggregates or consumes content
Standard, simple access to unwashed Web content for all
of TR’s products and services.
End users get closer to information they need, vs. data
that’s available
Open Calais – Overview
Unstructured
Documents
(Text/ HTML/XML)
The Process
calais
Topics
Entities
Context
Earnings,
Politics, Legal
Actions,
Management
Changes, etc
Person,
Organization,
Company,
Geography,
etc.
Events, Job
Position,
Political
Affiliation, etc.
Calais accepts unstructured text
and uses sophisticated NLP and
machine learning techniques to
return intelligent metadata
Context - WYNIWYG
Process
Environment
Context
Community
Identity
Reuters Messaging:
Collaboration Productivity
• Network Reach
• Individual Productivity
• Teamwork Productivity
• Rich Collaboration
• Secure & Compliant
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Communities: Reutersrealestate.com
• 21,000+ registered
members
•Low cost platform
•Established network of
key players
• New business model
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Communities
Reuters Market Light
OneSource Tax
Graphically display and
compare results from
multiple Thomson
Reuters Tax &
Accounting applications
Review key tax metrics
by choosing from a
comprehensive list of
relevant departmental
gadgets
Thank You
Thomson Reuters is the world’s leading source of
intelligent information for businesses and professionals,
giving our customers competitive advantage
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