Thomson Reuters launched agentic AI techniques on June 2, 2025, beginning with CoCounsel for tax, audit, and accounting professionals, to carry out complicated duties with transparency and precision. This improvement follows the acquisition of Materia, an AI copilot startup specializing in agentic techniques.
Agentic AI plans, causes, acts, and reacts inside actual workflows, differing from AI assistants that merely reply to prompts. Thomson Reuters brokers are refined by consultants to align with skilled requirements, guaranteeing human oversight for validation and choices.
David Wong, Chief Product Officer at Thomson Reuters, acknowledged, “Agentic AI isn’t a advertising and marketing buzzword. It’s a brand new blueprint for a way complicated work will get performed.” He added that the AI breaks complicated duties into steps and escalates for human enter when wanted.
The Thomson Reuters agentic platform has been in improvement for over a yr and is now built-in into authorized, tax, threat, and compliance platforms. This method re-architects core product experiences, using options and content material from platforms like Checkpoint, Westlaw, and Sensible Regulation.
Wong stated, “We’re not simply rebranding AI assistants. We’re engineering full agentic techniques — backed by trusted content material, custom-trained fashions, and actual area experience.”
CoCounsel, the primary dwell agentic expertise, is designed for tax and accounting professionals. It automates duties, comparable to shopper file evaluation and memo drafting, connecting agency information, Checkpoint, IRS code, and inner paperwork into an AI-guided workspace.
Kevin Merlini, Vice President of Product at Thomson Reuters and former CEO of Materia, acknowledged, “This isn’t GenAI in a prettier wrapper — it’s a totally built-in, clever system constructed to do the work.”
Olivier Godement, Head of Product, Platform at OpenAI, stated, “As extra platforms launch agentic capabilities, OpenAI is thrilled to energy use circumstances like those Thomson Reuters is bringing to its huge ecosystem {of professional} customers.”
Wealthy Marlatt, Chief Data Officer at BLISS 1041, stated that CoCounsel lowered the evaluation time for residency and submitting codes throughout 36 states from half per week to beneath an hour. “We constructed our personal templates in CoCounsel for 1041 returns throughout 50 states and now resulting from agentic analysis and reusable templates, we will feed client-specific elements and immediately perceive how every state handles them,” Marlatt stated.
Launching subsequent is Able to Overview, an agentic tax prep software constructed on the GoSystem Tax Engine that drafts returns, adapts to suggestions, and resolves diagnostics independently.
Thomson Reuters plans to increase agentic techniques throughout authorized, threat, and compliance domains, together with clever workflows for drafting, coverage era, deposition evaluation, and threat assessments. These techniques are:
- Constructed for goal-based execution throughout multi-step authorized and compliance duties.
- Designed with task-specific device orchestration to interact each Thomson Reuters and third-party platforms.
- Ruled by human-in-the-loop oversight for security, accuracy, and accountability.
- Powered by clear reasoning and traceable sourcing.
- Refined with {custom} LLMs educated by in-house authorized, tax, and compliance consultants.
Thomson Reuters possesses property, together with over 20 billion paperwork, 15 petabytes of knowledge, and 500 content material property. The corporate has 4,500 material consultants and 180 AI engineers and serves over 500,000 prospects, together with the Fortune 100 and the U.S. federal court docket system. Deep integrations embrace OpenAI, Anthropic, AWS, and Google. The enterprise-grade platform has ISO 42001 certification and a safe, zero-retention structure.
