MUMBAI, India, Oct. 21 /Xinhua-PRNewswire/ -- Thomson Reuters today announced it has entered into an agreement with Mecklai Financial Services Ltd to provide a Treasury and Risk Management Diploma Programme for financial professionals in India.

The opening of this training facility at Thomson Reuters Academy in Mumbai is the first of its kind in the city and will offer finance professionals in India access to some of the most sophisticated and insightful risk management and treasury evaluation tools. In particular the diploma training will give students the opportunity to fully explore enterprise-wide treasury and risk training programmes and how these can benefit financial services business, in India and globally.

Samir Shah, Managing Director, South Asia, Thomson Reuters said: "Indian corporates, which have been the driving force behind India’s recent economic growth, are now operating in a far more complex, connected and global market. The need for sophisticated treasury and risk management skills, expertise and products has never been greater. Thomson Reuters are very pleased to be partnering with Mecklai Financial in offering a diploma course to India’s brightest finance professionals as they seek to develop their knowledge in these areas."

Jamal Mecklai, CEO of Mecklai Financial, said: "The biggest problem companies face in managing risk is the difficulty in sourcing, training and retaining skilled people who have a strong understanding of these complex areas. We have designed this diploma program, using our own market practitioners as trainers, so that students will be able to access real-time information and expertise. We are delighted to work with Thomson Reuters on this, and look forward to building upon this relationship to continue to address this huge market need."

Thomson Reuters will provide solutions and tools to enhance the content developed by Mecklai so that corporate Treasurers and risk-management professionals are better equipped to understand how to use these tools in their daily operations. Thomson Reuters will also ensure students have access to our senior market specialists as additional expert-resource for this programme.

Finance professionals will undertake their training in a simulated learning and trading environment, which will include expertise, skills, and knowledge at the Thomson Reuters Academy. This will enable India’s financial and corporate treasurers and risk management professionals to connect with such areas as the global foreign exchange, debt and risk management markets.

NOTES TO EDITORS

About Thomson Reuters

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (Nasdaq: TRIN). For more information, go to www.thomsonreuters.com .

About Mecklai Financial

Mecklai Financial is one of the leading foreign exchange risk management consultancies in the world. Our practice, which began over 25 years ago, provides advisory and consulting services to nearly 1,000 companies in India, as well as around two dozen non-Indian multinationals. We have a unique value proposition in that we can provide clients with the market knowledge and understanding of a global bank treasury and the business process understanding of a global consulting company. Most importantly, since we do not sell any of the financial products we advise on, we are able to provide the hallowed "independent" view that is so valuable in today’s complex markets.

CONTACTS

Liam Hwee Tay
Head of Corporate Communications, Asia Thomson Reuters
Tel: +65-6870-3028
Email: Liam.tay@thomsonreuters.com

Victoria Brough
Head of Corporate Communications, EMEA
Tel: +44-0-207-542-8763
Email: victoria.brough@thomsonreuters.com

Fred Hawrysh
Global Director, Corporate Affairs
Tel: +1-203-539-8314
Email: fred.hawrysh@thomsonreuters.com

SOURCE Thomson Reuters