Magazine article Information Today

Thomson Financial Publishing Launches Banking Information Service

Magazine article Information Today

Thomson Financial Publishing Launches Banking Information Service

Article excerpt

Thomson Financial Publishing (TFP), a division of Thomson Financial Media, has announced the release of a new banking service, the Thomson Global Banking Resource. According to the company, this new service combines the latest technology with decades of experience as the industry's banking data authority to produce one comprehensive, current, and easy-to-use tool for accessing information on financial institutions worldwide.

Containing payment processing, communications, historical reference, and financial information, the Thomson Global Banking Resource is designed to simplify payment processing and support critical banking services. Subscribers access the database on CD-ROM, via the Internet (http://www.tgbr.com), or through an extranet or virtual private network arrangement.

"The Thomson Global Banking Resource addresses three of the most powerful forces shaping the new world of financial services: globalization, reorganization, and the Internet," said Daniel Peak, senior vice president of TFP's Bank Reference Group. "Today's incredible rate of mergers, acquisitions, and other transitions drives a need not only for current banking information, which reflects these changes as they occur, but for more information to better navigate a volatile marketplace."

The Thomson Global Banking Resource covers bank head offices, branches and holding companies, central banks, savings and loans, and credit unions. It contains all information needed--including correspondent relationships--to process checks and expedite automated clearinghouse (ACH) transactions, electronic data interchange (EDI) transactions, and wire transfers. The database also contains comprehensive contact information, including officer names, department phone numbers, street addresses, Web site links, and e-mail addresses. …

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