Tuesday 10.04.2007 9:30 am
Interactive Data Managed Solutions Gains Momentum In North America
Passes 40 Customer Mark in North America; Builds on Strong Presence in Europe
New York, NY, April 10, 2007 – Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related services, today announced that its Managed Solutions group has added more than 20 new customers in North America during the past year, bringing its customer total to more than 40 in this region.
The new customers in North America include ABC News, Cargill, Chicago Board Options Exchange, Comcast, Conde Nast Portfolio.com, The Philadelphia Stock Exchange and Zecco.com, as well as other leading online media sites, stock exchanges and financial services portals. Globally, Interactive Data Managed Solutions has more than 250 customers and hosts more than 500 million Web pages per month for customer applications.
The Interactive Data Managed Solutions group has worked closely with its customers to build customized, Web-based financial market data applications that are tailored to the needs of their end-users. These applications aggregate a broad set of financial data and customer-proprietary content and offer visually stunning features such as charts, sophisticated search functions and decision-support tools and analytics, which help customers attract, engage and retain their online users. The applications can be integrated into client workflows and can therefore help to optimize business processes and realize efficiencies.
“Through innovative technology and access to a broad range of financial information, Interactive Data Managed Solutions has efficiently developed powerful, customized financial applications for a broad range of customers around the world,” said Luan Cox, general manager of Interactive Data Managed Solutions (Americas). “We believe that the North American market offers significant new opportunities for Interactive Data Managed Solutions as more firms learn about our broad product offerings. Among the rich features we offer that appeal to customers are advanced portfolio tracking capabilities and intuitive equity, debt and derivatives screening applications that are all available in multiple languages and currencies. Going forward, Interactive Data Managed Solutions will continue to expand its offerings to help customers enhance their online presence and better serve the needs of their internal and external end-users.”
Additional information about Interactive Data Managed Solutions is available at: www.interactivedata-ms.com.
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 time-sensitive pricing, evaluations, dividend, corporate action and reference data for more than 3.5 million 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 2,200 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, owns approximately 62 percent of the outstanding common stock of Interactive Data Corporation.
Interactive Data Managed Solutions is a leading provider and operator of customized financial information systems. The group builds and manages Web-based financial market data portals and terminals for a range of organizations 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 optimize their business processes and realize efficiencies. The Interactive Data Managed Solutions group 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.
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