FRANKFURT - FundsNetwork, the funds supermarket of Fidelity Investments on the Internet, has extended its online offerings. Powerful tools and clearer detail pages now help financial advisors and private investors in the professional search, selection and analysis of investment funds. Easier navigation speeds up access to the desired information. IS.Teledata AG is responsible for the upgrade and the operations of FundsNetwork.

Gilbert Sauber, e-commerce manager at Fidelity Investment in Germany says: "The new FondsFinder as well as the new funds detail views present a significant improvement of our online presence. We are already looking forward to future developments."

With the FundsNetwork, Fidelity takes on the harsh competition in the German funds sector. Services are not limited to Fidelity funds, but comprise a wide range of investment products. In total, the funds supermarket on the Internet contains data for 1,500 funds by 28 renowned capital investment companies.

Sauber explains: "FundsNetwork makes funds prices completely transparent and also offers a wealth of helpful online information for qualified investment decisions. As one of the world's leading funds suppliers, we set an international standard in terms of service quality for financial advisors and private investors."

IS.Teledata provides FundsNetwork with up-to-date funds prices, financial key figures, market news and fundamentals using IS.Market Data Gateway. This market data distribution standard of IS.Teledata aggregates data from several different sources, refines them and makes them available.

"IS.Market Data Gateway fulfills the high demands of Fidelity Investments for a flexible and powerful platform to transmit financial data," says Jörg Berkemeyer, project manager at IS.Teledata. The technological infrastructure of IS.Teledata enables the world's leading funds management company to efficiently integrate financial data of external suppliers with proprietary contents and to disseminate the data quickly to target groups over the FundsNetwork. IS.Teledata contributes calculations of financial key figures which play an essential role in investor's decisions.