Financial Services Trust Index Debuts
New quarterly TRust Index leverages proprietary data, analytics, news and social media sentiment to help determine confidence in the world's financial institutions.
But how much of the lack of trust is just hyperbole designed to attract readers and how much is a legitimate degradation in trust between market participants? In order to shed some light on the topic, Thomson Reuters has launched a new index designed to measure trust in global financial institutions. The Thomson Reuters TRust Index (TRust Index) is a fact-based and data-driven series of quarterly proprietary benchmarks built on Thomson Reuters data, news and analytics capabilities, according to Thomson Reuters.
"Whilst much has been said on the topic of trust in the financial sector since 2008, rebuilding the global financial system requires a clear understanding of the measures and values of key constituencies and the events impacting the confidence with which the industry is regarded," said David Craig, president, Financial & Risk at Thomson Reuters, in press release. "No one is better positioned to offer objective, fact-based benchmarks. Through our own trusted data, news and analytics, we have built the TRust Index to provide ongoing measures of trust to enable insight and foster constructive dialogue." Read full story on Wall Street & Technology
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