Tuesday 27.05.2008 11:30 am
Interactive Data Develops Website For Bank Julius Baer
New issuer website provides information about the bank’s structured products
Zurich. Switzerland, May 27, 2008 – Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, announced today that its Managed Solutions group has designed, built and is hosting a website for the structured products of Bank Julius Baer & Co. Ltd, the leading dedicated wealth manager in Switzerland. Bank Julius Baer clients have been able to access the new online offering since April this year.
The Private Clients section of the website provides an overview of the structured products offered by Bank Julius Baer. The information available includes current quotes, information on the underlyings, ratio, expiry date and volume, as well as charts and product descriptions. The website offers quick and easy navigation to categories such as top performers, new issues, product types and risk classes. In-depth background information about the individual securities and investing in structured products is also available.
Interactive Data Managed Solutions was commissioned to undertake the conceptualisation, design, data integration and programming of the website solution. The provider of customised financial information systems implemented the website using its PrimePortal product, which offers visualisation, search and analysis functions for structured products. Product information and quote data pertaining to the bank’s structured products are aggregated via the Market Data Gateway platform from Interactive Data Managed Solutions and are displayed on the website. Bank Julius Baer can quickly and conveniently edit product information and other static data using a content management system also provided by Interactive Data Managed Solutions.
Richard Loretan, Head of Structured Products at Bank Julius Baer said: “Structured products are a key growth segment for Bank Julius Baer. Therefore, it is important for us to position ourselves with our own professional website in this segment. Interactive Data Managed Solutions impressed us with their extensive know-how, especially the display of derivative instruments in financial information systems. This enabled rapid development of the appropriate solution for us – a fact that we highly appreciated during the course of this time-critical project.”
Christian Thier, managing director of Interactive Data Managed Solutions AG in Switzerland said: “We welcome the opportunity to effectively support Bank Julius Baer in marketing their structured products.”
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company's businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for millions of securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities. Through its businesses, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,300 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is Interactive Data Corporation's majority stockholder.
Interactive Data Managed Solutions is a leading provider and operator of customised financial information systems. The group builds and manages Web-based financial market data portals and terminals for a range of organisations worldwide, from retail and investment banks to asset managers, online brokers, stock exchanges and media portals. By aggregating a broad set of financial data and client-proprietary content and offering visually stunning features such as charts, sophisticated search functions, decision-support tools and analytics, these intuitive applications can help customers optimise their business processes and realise efficiencies. Interactive Data Managed Solutions is managed as part of the Interactive Data Real-Time Services business, which provides a comprehensive suite of offerings that includes PlusFeedSM, a consolidated, low latency datafeed.
For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com.
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Interactive DataSM and the Interactive Data logo are service marks of Interactive Data Corporation.
About Julius Baer
Julius Baer is the leading dedicated wealth manager in Switzerland. The Group, which has roots dating to the nineteenth century, concentrates exclusively on private banking and asset management for private and institutional clients. With more than 4 000 employees worldwide, the Group managed assets in excess of CHF 400 billion at the end of 2007. The Julius Baer Group’s global presence comprises more than 30 locations in Europe, North America, Latin America and Asia, including Zurich (head office), Buenos Aires, Dubai, Frankfurt, Geneva, Hong Kong, London, Lugano, Moscow, New York, Singapore and Tokyo. Bank Julius Baer and GAM, a leading global active asset manager, are the key companies of the Group. The shares of Julius Baer Holding Ltd. are listed on the SWX Swiss Exchange and form part of the Swiss Market Index SMI which comprises the 20 largest and most liquid stocks.
For more information: www.juliusbaer.com<>
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