Thomson Reuters will offer securities class action claims filing capabilities as part of its enterprise-wide investment accounting system. It will be delivered in collaboration with Global Claims Filing, a provider of securities class action data, research and claims filing services.

Thomson Reuters Portia provides investment accounting management for asset managers and will now offer an automated claims filing solution through GCF. GCF calculates the recognised loss for each settlement in order to maximise the client's recoveries, potentially helping to boost the performance of their portfolios. 

In the US more than $42 billion (£27 billion) has been available to investors in securities class action settlements in the past five years and there is more than $11 billion (£7 billion) in settlements currently available to investors. The consolidated system from Thomson Reuters can address the issue of clients leaving billions of dollars on the table each year. Thomson Reuters and GCF together deliver an automated securities class action service that can ensure that clients' recoveries in all settlements are maximised, while helping reduce operational risk.