First Rate Chooses Thomson Reuters Datascope and Lipper to Enhance Asset Classification and Characteristics for Wealth Managers

Arlington, TX – February 11, 2014 – First Rate, a leading provider of performance measurement and client reporting solutions for the financial services industry, today announced it has signed an agreement with Thomson Reuters Lipper, to offer enhanced benchmarking and classification services in First Rate’s performance solution. First Rate will leverage the Lipper and DataScope content solution from Thomson Reuters.

With more than 30 years of fund analysis experience, supported by the research and knowledge of Thomson Reuters, Lipper provides unparalleled expertise and insight to the funds industry. First Rate chose Lipper for its global leadership in supplying mutual fund information, analytical tools and commentary to the financial industry.

“We are very excited to work with Lipper and provide their asset classification, pricing and characteristic information to our clients,” said Marshall Smith, General Manager of Service Bureau at First Rate. “Our clients want a turnkey way to import data into First Rate’s performance solution. This agreement allows us to bring this service to market for our clients in the most efficient way possible.”

First Rate will now be able to deliver asset classification, characteristics, and pricing from a single Thomson Reuters solution. First Rate clients will be able to classify assets, calculate accruals, income or other descriptions of securities. First Rate will be able to offer both style and industry classifications for client assets. Asset characteristics including dividend dates, coupons, quality, earnings per share, and pricing can also be seamlessly imported.

Contact First Rate today to discover how First Rate’s agreement with Lipper and Datascope can bring value to your firm. For more information about Thomson Reuters Lipper, please visit


Recommended Posts

Start typing and press Enter to search