Mon, May 13, 2013 - Page 15 News List

Bloomberg LP clients worried over data access

FINANCE’S WIKILEAKS:The news firm’s customers, which include the Fed, fear reporters have had access to data stored on its widely used computer terminals

Reuters

A person briefed on the situation at Bloomberg said on Friday that no Bloomberg clients had so far canceled their subscriptions because of the issue.

Thomson Reuters , the parent of Reuters News, competes with Bloomberg.

In a statement, Thomson Reuters said its news division operates “completely independently with reporters having no access to non-public data on its customers, especially any data relating to its customers’ use of its products or services.”

“Thomson Reuters collects and analyses customer data to improve product functionality and customer experience. No Reuters news staff have access to any of this data. There are strict controls in place that limit the access of this information amongst other Thomson Reuters staff,” the company said.

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