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SAP, Thomson Reuters simplify pricing and reference data

GRC Announcements | August 8, 2018

SAP SE has expanded its strategic partnership with Thomson Reuters to simplify converting cross-border transaction prices into a single currency, no matter where or when the transaction happens.

The new SAP Cloud Platform-based application, called SAP Market Rates Management, Thomson Reuters data option, offers out-of-the-box connectivity to comprehensive pricing and reference data from the Thomson Reuters Financial and Risk business and is available to SAP customers worldwide. The partnership makes it easier for financial executives, treasurers and corporate finance teams to access pricing and reference data to more accurately calculate foreign exchange transactions. SAP Market Rates Management integrates foreign exchange and money market data from Thomson Reuters for more accurate pricing of any global transaction.

As cloud adoption continues to rise, businesses increasingly opt for the efficiency of out-of-the-box services over the cumbersome process of developing...

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