Thomson Reuters Launches A Start-Up Incubator

Thomson Reuters Launches A Start-Up Incubator

Thomson Reuters is a leading source of news and information for professional markets. The business has operated in more than 100 countries for more than 100 years.

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Thomson Reuters is reportedly opening an incubator in Switzerland for start-ups working in areas such as big data, analytics, AI and distributed ledgers. Thus, they will have access to Reuter`s data and content sets.

Thomson Reuters is a leading source of news and information for professional markets. The business has operated in more than 100 countries for more than 100 years.

Companies who decide to take part in Thomson Reures Lab program will also get office space, mentoring and networking opportunities for investment and commercialisation. The program is to continue in six months, as finextra.com wrote in a recent publication.

WealthArc, a cloud-based SaaS platform for the investment management industry has alredy joined the incubator. There is a also a second member – Open Mineral, a company that is looking to disrupt the commodities market. More applicants are now being reviewed.

“Technology is evolving at an unprecedented rate and corporations need to keep pace.”, said Mona Vernon, CTO, Thomson Reuters Labs.

“Partnering with startups and other market disruptors is essential for us to be agile and responsive to our customers. The Incubator will become an essential part of our corporate strategy to drive organic growth through innovation.”, as she added.

As Måns Olof-Ors, Head of Thomson Reuters Labs – Zurich Region and the Incubator, explained on their official website:

“Our ultimate goal is to help our entrepreneurs realize their vision and get their solutions to market. In turn, we gain valuable insight, working with creative disruptors to identify new opportunities and ensure we are providing our clients with the most up to date trends impacting their professional markets.”

He concluded that applications can be submitted direct through their website.

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