Thomson Reuters has unveiled a new AI platform, Agentic Intelligence, designed to automate complex workflows for professionals in tax, legal, and compliance sectors.

The platform integrates directly with existing professional tools, enabling AI to plan, reason, and act on tasks while maintaining audit trails and data control to meet regulatory standards.

A key component of the launch is CoCounsel for Tax, a tool aimed at tax, audit, and accounting professionals. It consolidates firm-specific data, internal knowledge, and regulatory materials into a unified workspace.

Early adopters have reported significant productivity gains, with one accounting firm, BLISS 1041, cutting time spent on residency and filing code reviews from several days to under an hour.

Agentic Intelligence leverages over 20 billion proprietary and public documents and is supported by a network of 4,500 subject matter experts.

Built on partnerships with OpenAI, Anthropic, Google Cloud, and AWS, the platform reflects Thomson Reuters' strategic shift towards embedding AI across sectors traditionally dependent on manual expertise.

David Wong, chief product officer at Thomson Reuters, said the new platform represents more than a technological upgrade. 'Agentic AI isn't a marketing buzzword. It's a new blueprint for how complex work gets done,' he said.

'These systems don't just assist - they operate within professional workflows, break down tasks, act independently, and escalate where needed, all under human oversight.'

Following CoCounsel for Tax, the next product - Ready to Review - will focus on automating tax return preparation.

The platform is expected to expand into legal, compliance, and risk sectors throughout 2025, building on previous acquisitions such as Materia and Casetext, which have helped lay the foundation for Thomson Reuters' AI-centric growth strategy.

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