Thomson Reuters: Company Overview, Products, and Market Position

Thomson Reuters USA is one of the most trusted business information and technology companies in the world. It provides legal, tax, accounting, compliance, and risk solutions to professionals who depend on accurate data and reliable tools. From law firms and corporations to government agencies and financial institutions, Thomson Reuters plays a critical role in decision-making across industries.

In this article, you’ll get a complete overview of Thomson Reuters USA, including what the company does, its headquarters, products, ownership, users, and why it is considered a global authority in information services.


What Is Thomson Reuters?

Thomson Reuters is a multinational information services company that delivers data, software, and intelligence to professionals. In the USA, the company is best known for its legal research tools, tax and accounting software, and regulatory compliance solutions.

Many people confuse Reuters with Thomson Reuters. Reuters is the news organization, while Thomson Reuters is the parent company that owns Reuters News and also operates multiple professional platforms.

What Does Thomson Reuters Do?

Thomson Reuters helps professionals:

  • Research laws, regulations, and case law
  • Manage tax compliance and accounting workflows
  • Track legal matters and corporate risks
  • Access trusted financial and business data

The company focuses on accuracy, compliance, and efficiency, which is why its products are widely used in regulated industries.


Thomson Reuters USA Headquarters and Corporate Presence

Where Is Thomson Reuters Headquartered?

Thomson Reuters has its global headquarters in Toronto, Canada, but its U.S. headquarters is in New York City. The United States is one of the company’s largest and most important markets.

Thomson Reuters USA Operations

Thomson Reuters operates across multiple U.S. locations, including:

  • New York
  • Minnesota
  • Texas
  • California
  • Illinois

The company employs thousands of professionals across the United States, supporting product development, customer support, research, and sales.

Is Thomson Reuters a Public Company?

Yes. Thomson Reuters is a publicly traded company listed on the New York Stock Exchange (NYSE: TRI) and the Toronto Stock Exchange.


Key Thomson Reuters Products and Services

One of the main reasons people search for Thomson Reuters USA is its wide range of professional products. These tools are designed for high-stakes environments where accuracy matters.

Thomson Reuters Legal Solutions

Legal professionals make up one of the largest user groups of Thomson Reuters products.

Westlaw

Westlaw is one of the most widely used legal research platforms in the USA. It provides:

  • Federal and state case law
  • Statutes and regulations
  • Legal journals and commentary

Law firms, courts, and corporate legal departments rely on Westlaw for precise legal research.

Practical Law

Practical Law offers:

  • Legal templates
  • Practice notes
  • Step-by-step guidance for lawyers

It is especially popular among in-house counsel and mid-sized law firms.

Legal Tracker

Legal Tracker helps corporate legal teams:

  • Manage outside counsel spending
  • Track legal matters
  • Control compliance and reporting

Thomson Reuters Tax and Accounting Software

Tax professionals and accountants are another core audience of Thomson Reuters USA.

UltraTax CS

UltraTax CS is a professional tax preparation software used by:

  • CPA firms
  • Tax professionals
  • Accounting practices

It supports federal, state, and local tax filings with advanced automation.

Checkpoint

Checkpoint is a tax and accounting research platform that provides:

  • Tax laws and regulations
  • IRS guidance
  • Accounting standards

It is widely used for complex tax research and compliance.

ONESOURCE

ONESOURCE is designed for large corporations and multinational businesses. It helps manage:

  • Corporate tax compliance
  • Indirect taxes
  • Global reporting obligations

Financial, Risk, and Compliance Solutions

Thomson Reuters USA also serves financial institutions and compliance teams.

These solutions help organizations:

  • Monitor regulatory changes
  • Manage financial crime risk
  • Conduct due diligence

They are commonly used in banking, insurance, and enterprise risk management.


Who Uses Thomson Reuters?

Thomson Reuters is not built for casual users. Its platforms are designed for professionals who need trusted, authoritative information.

Law Firms

  • Legal research
  • Case preparation
  • Compliance tracking

Corporations

  • In-house legal departments
  • Corporate tax teams
  • Risk and compliance officers

Accountants and Tax Professionals

  • Tax preparation
  • Accounting research
  • Client compliance

Financial Institutions

  • Regulatory compliance
  • Risk intelligence
  • Due diligence

This professional focus is why Thomson Reuters products often come with enterprise-level pricing.


Who Owns Thomson Reuters?

Thomson Reuters is owned by a mix of institutional and public shareholders. The company was originally part of The Thomson Corporation, founded by Roy Thomson.

Today, it operates as an independent, publicly traded corporation with strong institutional ownership. It does not belong to any government or political organization, which helps maintain its credibility.


Thomson Reuters vs Reuters: What’s the Difference?

This is a common Google search—and for good reason.

  • Reuters is the global news agency that delivers breaking news, business updates, and financial reporting.
  • Thomson Reuters is the parent company that owns Reuters News and also provides professional software and data services.

So when people search for Reuters USA, they are often indirectly interacting with a Thomson Reuters brand.


Thomson Reuters Competitors

While Thomson Reuters is a market leader, it does have strong competitors.

Major Thomson Reuters Competitors

  • LexisNexis
  • Bloomberg
  • Wolters Kluwer
  • S&P Global

Each competitor specializes in different areas, but Thomson Reuters stands out for its depth of legal and tax content.


Why Thomson Reuters Is Trusted in the USA

Trust is the company’s biggest asset. Professionals use Thomson Reuters not because it’s cheap—but because it’s reliable.

Accuracy and Data Integrity

Thomson Reuters is known for strict editorial and data verification standards.

Regulatory Compliance

Its tools are built to meet U.S. and international compliance requirements.

Long Industry History

With roots going back more than a century, the company has built deep expertise in regulated industries.

Enterprise-Grade Security

Security and data protection are critical for legal and financial clients.


Is Thomson Reuters a Fortune 500 Company?

Thomson Reuters frequently ranks among the largest and most influential business services companies, and while its ranking can change year to year, it is widely recognized as a major global enterprise with billions in annual revenue.


Thomson Reuters Careers in the USA

Many people also search for Thomson Reuters USA for career opportunities.

The company hires professionals in:

  • Technology and software development
  • Legal research
  • Data science
  • Sales and customer success

Thomson Reuters is known for:

  • Competitive salaries
  • Hybrid and remote roles
  • Strong ethical standards

Final Thoughts

Thomson Reuters USA is not just a media company or a software provider—it is a core infrastructure provider for professional decision-making. Its legal, tax, and compliance solutions are deeply embedded in how law firms, corporations, and financial institutions operate.

If accuracy, compliance, and trust matter, Thomson Reuters continues to be one of the most influential companies serving professionals in the United States.


Frequently Asked Questions (FAQ)

Is Thomson Reuters an American company?

Thomson Reuters is a global company headquartered in Canada, with major operations and leadership presence in the United States.

Is Reuters owned by Thomson Reuters?

Yes. Reuters is a subsidiary and news division of Thomson Reuters.

What is Thomson Reuters best known for?

Thomson Reuters is best known for Westlaw, legal research tools, tax and accounting software, and professional data services.

Who uses Thomson Reuters products?

Lawyers, accountants, tax professionals, corporations, and financial institutions use Thomson Reuters platforms.

Is Thomson Reuters publicly traded?

Yes. Thomson Reuters is listed on the New York Stock Exchange under the ticker symbol TRI.