Thomson Reuters featured in Stonewall Global LGBT Employee Network Group Guide

Stonewall, the UK based charitable organization that supports lesbian, gay and bisexual individuals have produced a series of global guides relating to the workplace. Thomson Reuters contributed to and is featured in their latest guide on Global Employee Network Groups. On the evening of December 9th we had the privilege of presenting at the latest Stonewall Workplace Guide launch at Barclays in Canary Wharf, London.

The presenters and panelists included Sholto West, Stonewall International Workplace office and author of the latest guide, Amy Stanning, Senior Programme Manager and Barclays and co-chair of their Spectrum LGBT Network and Kathryn Townsend, Strategic Transformation Leader, Accessibility at Barclays and co-chair of their Spectrum LGBT network.

The event was introduced by Mark McLane, Head of Global Diversity and Inclusion at Barclays and then Sholto lead us into a very interesting overview of the guide.

Outlined below are some of the key themes from the guide: (more…)

Monique Villa named among Top 100 Most Influential People in Business Ethics

Thomson Reuters Foundation CEO Monique Villa has been named among the top 100 Most Influential People in Business Ethics by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices.

The annual award recognizes individuals who have made a significant impact in the world of business ethics and compliance. Monique moved up in the ranking this year to #37 and was honored for her commitment to fight modern-day slavery and empower women worldwide.

100MIP_logo_RGB-222x87As the Founder of Trust Women, Monique is the driving force behind several global efforts to advance ethical business practices. Trust Women has now become a global movement to boost women’s rights and to fight slavery worldwide. This year’s annual conference brought together over 550 delegates from 55 countries worldwide.

As a direct result of the Trust Women conference, in 2012, alongside Manhattan District Attorney Cyrus Vance Jr., Monique launched a U.S. financial working group to encourage some of the biggest financial institutions in the USA to contribute to the fight against human trafficking. Specialized NGOs have designed red flags to identify the financial footprint left by human traffickers and slavers. Today, these major banks have agreed to share suspicious data from their clients’ credit cards with law enforcement agencies.

This powerful collaboration has already led to an increase in the number of suspicious activities being reported to the New York District Attorney and could help thousands of individuals. The Thomson Reuters Foundation will now replicate this initiative in Europe with Europol.

Other actions taken at the Trust Women Conference include: (more…)

Oil train boom – Graphic of the day

Amid a shale-drilling boom that has overwhelmed the nation’s pipeline network, oil-train traffic has surged at least 42-fold since 2009, and 415,000 railcar loads of oil plied the nation’s tracks last year. Today’s graphic shows how the number of rail loading and unloading terminals have ballooned in the last four years.

oil-train

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

 

What is a social entrepreneur?

In this short video we hear from three pioneers in the world of social entrepreneurs: Nigel Kershaw, Executive Chairman of the Big Issue Group; Claire Dove, Chair of Social Enterprise UK and CEO of the Blackburne House Group; and Andrea Coleman, co-Founder and CEO of Riders for Health. They tell us what being a social entrepreneur means to them, why social entrepreneurship is important, and what they see as the greatest challenges for the rapidly growing field.

Celebrating Veteran’s Day with Medal of Honor recipient Sal Giunta

Sal Giunta

This year we had the honor and privilege of celebrating Veteran’s Day with a very special guest, Medal of Honor Recipient Sal Giunta. Sponsored by our Corporate Responsibility & Inclusion group, along with the Veteran’s Network, Sal joined us for several events at our Eagan, Minnesota office, the highlight being a keynote address.

For those who don’t know, the Medal of Honor is the U.S. military’s highest honor. It is awarded for valor in action against an enemy force and is presented by the President on behalf of Congress. Since 1863, the Medal has only been presented 3493 times and there are only 79 recipients alive today. In fact, Sal is the first living recipient of the Medal of Honor since the Vietnam War.

Sal spent the hour relaying his personal experience in the U.S. Army and the extraordinary events that culminated in him speaking to us. His message of teamwork, respect and sacrifice on the part of our military was truly inspiring. (more…)

The asset servicing evolution, changing market players & new business models

Interview with Stuart Martin, Global Head of Asset Servicing, Thomson Reuters explores the changing landscape for Asset Servicers, the new roles for Prime Brokers, changing business models and the impact of regulation on the Asset Management community.

For more information simply visit our Pricing & Reference Data community.

Australian IPOs – Graphic of the day

Australia is set for a slowdown in initial public offerings in 2015 after a record activity this year, as a slump in commodities prices cool investor enthusiasm. Today’s graphic tracks IPO proceeds and number of issues since 2000, as well as the 2014 IPO market share breakdown.

Australia IPOs

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

 

The important role of sukuk in the Basel III era

By Dr. Sutan Emir Hidayat, Director of the MBA Program, University College of Bahrain

The implementation of Basel III rules has created several challenges to Islamic financial institutions (IFIs) especially with regards to capital adequacy and liquidity requirements. Basel III primarily requires all banks, including Islamic banks, to strengthen their capital and liquidity positions by holding higher quality capital, which would enable banks to absorb financial shocks, and maintain higher level of liquidity, which enables banks to reduce their dependency on money market instruments.

Basel III requires all banks to maintain the minimum ratio of 4.5% for tier 1 common equity capital, an increase from 2% required by Basel II. Basel III also changed the minimum requirement for additional tier 1 capital and tier 2 capital to 1.5% and 2%, respectively, from 2% and 4% previously required by Basel II. In addition, Basel III requires banks to maintain 2.5% capital preservation buffer and 0-2.5% countercyclical capital buffer.

In addition, Basel III also redefines the meaning of capital. According to Basel III, the components of tier 1 capital consist of common equity as core capital, and preferred stock and hybrid securities as additional capital. Subordinated bonds and loans are counted as tier 2 capital.

Given the uniqueness of Islamic banks’ products and operations, the implementation of Basel III rules for Islamic banks and other IFIs requires more clarification. The Islamic Financial Services Board (IFSB) released IFSB-15 in December 2013 with the purpose of introducing a framework for capital adequacy and liquidity requirements to suit the uniqueness of IFIs.

IFSB-15 (more…)

TechTalk: Data, emotion and culture – Cracking the viral code

Unruly Media

Co-founders of Unruly MediaSarah Wood and Scott Button were interviewed as part of TechTalks@Cass. They shared their insights on building a data-driven company, how to predict the next ‘lightning strike’ viral video, and what it’s like to be partners in life and partners in business.

Underpinning shareability with data

We live in a data-driven world; one in which data is finding its way into virtually every decision-making process. Some things are still considered out of reach, even if that pool is growing ever smaller. Making a viral video used to fall into that category, with viral success being a bit like a lightning strike; you might know when the conditions were favourable, but you would have no way of knowing if, or where, or when it would happen.

Yet Unruly are a rapidly growing company bringing that predictability to online video. Back in 2006 they created the Viral Video Chart by tracking every post of a video with its URL. All that data, going back so far, gives them an unrivalled data asset. It is the largest database of video sharing anywhere, with insights that are or prime interest to brands. (more…)

Higher tide, worldwide – Graphic of the day

Today’s graphic shows the results of a Reuters analysis of relative changes in sea level as measured by tidy gauges around the world. For its analysis, Reuters relied on thousands of annual gauge readings supplied by the Permanent Service for Mean Sea Level, based in Liverpool, England.

To smooth year-to-year variations, reporters examined three-year rolling averages of tide-gauge readings over a 50-year period that started between 1958 and 1963 and ended between 2008 and 2013.

The gauges with the biggest increases were on the U.S. Gulf and East coasts and particularly in Southeast Asia. In both regions, the relatively large increases reflect the impact of subsidence, whereby long-term geologic forces, the extraction of groundwater and the weight of construction cause the land to sink.

sea level

Read more about why Britain is flirting with retreat from its battered shores and the entire Water’s Edge special report.