Interactive Data's ComStock Launches PlusFeed, the Real-Time Datafeed for Financial Applications
November 15 2005 - 8:00AM
Business Wire
ComStock Inc., an Interactive Data company (NYSE: IDC) and a
leading provider of real-time global market data, today launched
PlusFeed, its rebranded real-time datafeed for financial
applications. ComStock has rebranded the datafeed to reflect the
enhancements made over the past two and half years. PlusFeed was
previously known as XpressFeed. "We wanted to highlight the
improvements made to the datafeed since the acquisition of ComStock
by Interactive Data almost three years ago," said Mark Hepsworth,
President of ComStock. "The changes have been so significant that
the feed today bears little resemblance to the feed of three years
ago. Interactive Data has invested in ComStock since the
acquisition, and many aspects of the datafeed - especially the
ticker plant, distribution network and data content have been
upgraded. The new name, PlusFeed, signifies how much more
comprehensive ComStock's feed is today." Over the last three years
Interactive Data has invested heavily in state-of-the-art
technology and redundant facilities designed to deliver high
quality, low latency data. New ticker plants have been built which
were specifically designed to handle the rapidly growing market
data volumes. Interactive Data has also made considerable
investment in its distribution networks. The February 2005 launch
of ComStock's premier distribution network, IP4, which has a
capacity to deliver up to 42Mbps of data, represents a sevenfold
increase over the 6Mbps capacity of the preceding IP3 network. In
addition, ComStock has introduced technology that is designed to
allow its clients to create custom feeds limiting the bandwidth for
their specific data sets. On the client-side, ComStock has
introduced hardware and software running 64 bit applications that
are capable of processing large volumes of data with minimal
latency. The client-side infrastructure also has the capability to
distribute data processing across multiple client servers. In
addition, ComStock has introduced a new protocol and C++ API, which
is intended to simplify and expedite the integration of its
datafeed into client applications and minimize ongoing feed
maintenance. ComStock has been adding an extensive list of new data
sources to the feed. PlusFeed now carries over 350 global sources
of data, across all asset classes, with coverage of more than 2.3
million instruments. About Interactive Data Interactive Data
Corporation is a leading global provider of securities pricing,
financial information, and analytic tools to institutional and
individual investors. The company supplies time-sensitive pricing
(including evaluated pricing), dividend, corporate action, and
descriptive information 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.
Interactive Data is headquartered in Bedford, Massachusetts.
Through its branded businesses, FT Interactive Data, ComStock, CMS
BondEdge, and eSignal, Interactive Data has approximately 1,800
employees in offices located throughout North America, Europe,
Asia, and Australia. Pearson plc (NYSE: PSO), an international
media company, whose businesses include the Financial Times Group,
Pearson Education, and the Penguin Group, owns approximately 60
percent of the outstanding common stock of Interactive Data
Corporation. ComStock, Inc., a subsidiary of Interactive Data
Corporation, is a leading provider of real-time global financial
information to financial institutions, financial information
re-distributors and online media portals worldwide. ComStock's
suite of services ranges from a real-time datafeed, to fully
customized and hosted market data solutions. For further
information please see: www.interactivedata.com
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