Thomson Reuters, an information provider for businesses and professionals, announced a strategic partnership with TerraNua, a provider of conflicts management and compliance automation technology, to help compliance managers at both buy-side and sell-side institutions streamline employee supervision and code-of-conduct management.

Thomson Reuters Accelus Conflicts Compliance, a new web-based solution developed through this partnership, will integrate the functionality needed to fully manage the activities of a robust and measurable compliance program. Accelus Conflicts Compliance is designed to automate the monitoring and management of conflicts of interest and code of conduct issues within firms, including monitoring employees' personal trading, detecting potential insider trading, monitoring political contributions, gifts and entertainment, and employee attestations and disclosures.

Building on the launch of Eikon for Compliance Management, a version of the firm's flagship Eikon financial markets desktop, Thomson Reuters Accelus Conflicts Compliance combines two modules that enable compliance managers to automate their compliance programs and drastically reduces the time required to track employee trading activities.

Personal Trade Monitoring simplifies the employee trade pre-clearance process; automates the capture of trade confirms from brokerages; reviews employee trading activity against restricted lists, insider trading rules, front-running, tailgating and other conflict scenarios; and facilitates annual employee attestations and disclosures related to personal trading.

Compliance Program Management helps firms track employees' gifts and entertainment, political contributions and outside interests; automates employee attestations and disclosures; and maintains an audit trail of compliance tasks and cases for internal and external regulatory reporting.