- SunGard and FT Interactive Data Corporation, the major operating subsidiary of Interactive Data Corporation (NYSE: IDC), today announced that SunGard's AddVantage, an asset management, trust accounting and securities processing solution (http://www.sungard.com/addvantage), now offers an interface to FT Interactive Data's XML Market Information Query Response System. The interface is designed to help mutual customers facilitate the set up of equity and fixed income security master information provided by FTID from within the AddVantage system. SunGard's AddVantage interface, in conjunction with FT Interactive Data's XML Market Information Query Response System, helps automate the set-up process of asset or security information. Customers can access FT Interactive Data's security master data directly from AddVantage via an Internet connection to FT Interactive Data's XML Market Information Query Response System. Accessing security master data in this fashion is seamless for AddVantage customers, and requires no additional steps for them to receive the data. Available on an installed or hosted basis, AddVantage is a fully integrated asset management, trust accounting and securities processing solution used by banks and investment management firms. SunGard is one of the first IT software and services companies to take advantage of FT Interactive Data's new, more flexible, delivery method for North American security master information. The data is formatted through a Web services application on a request-response basis returning data in Market Data Definition Language (MDDL), an industry standard XML protocol. "We are pleased to work with SunGard to create a new service delivery mechanism utilizing Web-based technology and industry standard protocols to help our mutual customers improve their workflow," said Ray D'Arcy, president of Sales, Marketing and Institutional Business Development for Interactive Data. "Our security master data reflects more than 30 years of experience in market data collection and validation and this new capability helps make it easier for customers to access this rich data resource." "The ongoing success of AddVantage is the result of continuous enhancements designed to help customers gain efficiencies and reduce errors," said Niraj Gilja, president of SunGard's AddVantage business unit. "The interface with FT Interactive Data will help AddVantage customers to streamline their processing by retrieving security master information from within the AddVantage system." About FT Interactive Data FT Interactive Data is a leading provider of financial information and analytical software to global markets. FT Interactive Data supplies global securities pricing, evaluations, dividend, corporate action and descriptive information designed to support mutual funds' pricing activities, securities operations, research, and portfolio management. The company collects, edits, maintains, and delivers data on more than 3.5 million securities, including daily evaluations for more than 2.5 million fixed income issues. FT Interactive Data is the major operating subsidiary of Interactive Data Corporation (NYSE: IDC), a leading global provider of financial and business information to institutional and individual investors. To learn more, visit us at www.FTInteractiveData.com. Interactive Data Corporation is approximately 60 percent owned by Pearson plc and included within its Financial Times Group. About AddVantage An asset management, trust accounting, and securities processing solution, AddVantage helps institutions serve their customers by expanding access to data and services through the Web. Employed by large and medium-sized banks and investment management firms across the U.S., AddVantage provides fund administrators, portfolio managers, and their customers with 24/7 Web access to real-time account information. It also provides a comprehensive set of investment management and trade processing capabilities. About SunGard With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com. Trademark information: SunGard, the SunGard logo and AddVantage are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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