Thomson Reuters launches Agentic Intelligence within platform for accounting professionals
Thomson Reuters, a global content and technology company, is introducing agentic AI systems within its offerings, beginning with the launch of CoCounsel for tax, audit, and accounting professionals.
According to the company, Thomson Reuters agents are refined by legal and tax, audit, and accounting experts to reason in alignment with professional standards and best practices, while ensuring that human expertise remains in the loop to guide judgment, validate outputs, and make final decisions.
“Agentic AI isn’t a marketing buzzword. It’s a new blueprint for how complex work gets done,” said David Wong, chief product officer at Thomson Reuters. “We’re delivering systems that don’t just assist but operate inside the workflows professionals use every day. The AI understands the goal, breaks it into steps, takes action, and knows when to escalate for human input—all with human oversight built in to ensure accountability and trust."
The Thomson Reuters agentic platform has been in development for over a year, accelerated by its acquisition of Materia, the AI copilot startup specializing in agentic systems for tax and accounting, the company said.
Its foundation is already live across products being used by some of the largest accounting firms in the United States. These new systems are being embedded into legal, tax, risk, and compliance platforms—all tailored to high-stakes environments where accuracy and trust are non-negotiable.
“We’re not just rebranding AI assistants. We’re engineering full agentic systems—backed by trusted content, custom-trained models, and real domain expertise,” Wong explained. “What others are calling agentic, we’ve already had in the market. What we’re launching now sets a new bar: this is what AI looks like when it’s built with real content, trained with real experts, and trusted by the professionals who do real work.”
The launch of CoCounsel for tax, audit and accounting professionals marks a major step forward—but it’s just the start, the company said.
“As more platforms launch agentic capabilities, OpenAI is thrilled to power use cases like the ones Thomson Reuters is bringing to its vast ecosystem of professional users,” said Olivier Godement, head of product, platform at OpenAI.
Launching soon is Ready to Review—an agentic tax prep application that’s redefining what professional-grade AI can do. Built on the GoSystem Tax Engine, it doesn’t just assist with returns—it drafts them, adapts to system feedback, and resolves diagnostics on its own.
These systems are:
- Built for goal-based execution across multi-step legal and compliance tasks
- Designed with task-specific tool orchestration to engage both Thomson Reuters and third-party platforms
- Governed by human-in-the-loop oversight for safety, accuracy, and accountability
- Powered by transparent reasoning and traceable sourcing
- Refined with custom LLMs trained by in-house legal, tax, and compliance experts
“This is more than a product launch—it’s a clear signal of where the industry is heading, and who’s leading it,” said Wong. “As we continue to re-architect the workflows professionals rely on every day, one thing is clear: the future of work is already here—and it’s being built inside Thomson Reuters.”
For more information about this news, visit tr.com.