IDC Interactive Data Corp.

New business entity data service aims to help customers meet their requirements for risk management and compliance under regulations such as UCITS III. The new service combines Avox's parent-issuer level content with FT Interactive Data's issue level content FT Interactive Data Europe, part of Interactive Data (NYSE: IDC) and a leading supplier of financial information to global markets, announced today that it has formed an alliance with global business entity data content and services provider Avox (formerly known as Azdex), to provide a business entity data service aimed at helping customers to meet their requirements for compliance under regulations such as the European Commission's Undertakings for Collective Investments in Transferable Securities (UCITS III) directive. The new service will combine Avox's parent-issuer level content with FT Interactive Data's issue level content and will be offered as an optional module within FT Interactive Data's FTS(TM) portfolio administration service. Increased global risk management requirements for industry compliance and accountability through new regulations such as UCITS III have fuelled a growing need for business entity data to perform issue-issuer-parent entity linkages. Under UCITS III total exposure to a particular parent organisation through all its subsidiaries must be calculated and managed in order to ensure that the total exposure falls within the limits set by the regulator. This process of concentration risk management is often referred to as 'group notion'. It is expected that there will be an increase in demand for business entity data amongst European fund management administrators to coincide with the ending of the 'grandfathering' period for funds created under the preceding UCITS directive in February 2007. In addition to UCITS III, Basel II and MiFID requirements may also have an impact on demand for business entity data throughout 2007. Bob Cumberbatch, FT Interactive Data's European business director, commented: "Many customers tell us they need a comprehensive and affordable service offering business entity linkages data that will help them meet their UCITS III compliance requirements. They need to identify and maintain linkages that determine which issues link into which issuers, and which issuers link into which higher entities or parent organisations. Business entity data is a specialised area - corporate actions alone cannot be relied on to capture all of the changes that occur either to an individual business entity or within a corporate group's organisational structure." FT Interactive Data intends to offer its auto-matched, hand researched business entity data service via FTS on a per entity request basis. The service will be monitored on a daily basis. -ENDS- For further information please contact: Sue Mitchell, Interactive Data (Europe) Ltd. Tel: +44 (0) 20 7825 8076 Email: sue.mitchell@interactivedata.com Ken Price, Avox (formerly known as Azdex) Tel: +44 (0) 20 7868 5076 Email: ken.price@avox.info Forward-looking and Cautionary Statements This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Federal securities laws, and is subject to the safe-harbor created by such Act and laws. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans including product and service developments, future financial conditions, results or projections or current expectations including Interactive Data's expectation that there will be an increase in demand for business entity data among European fund management administrators in 2007. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. Such factors include, but are not limited to: (i) lack of an increase or a decrease in demand for business entity data among European fund management administrators in 2007; and (ii) other factors identified in Interactive Data's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. We undertake no obligation to update these forward-looking statements. About Interactive Data Interactive Data Corporation (NYSE: IDC) 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 2,100 employees in offices located throughout North America, Europe, Asia and Australia. Pearson plc (LSE: PSON; NYSE: PSO), an international media company whose businesses include the Financial Times Group, Pearson Education and the Penguin Group, owns approximately 62 per cent of the outstanding common stock of Interactive Data Corporation. FT Interactive Data Europe, part of Interactive Data, is a leading provider of financial information 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. FT Interactive Data collects, edits, maintains and delivers data on more than 3.5 million securities, including daily evaluations for approximately 2.5 million fixed income and international equity issues. FT Interactive Data specialises in 'hard-to-value' instruments and 'hard-to-get' information from emerging markets. FT Interactive Data Europe is a division of Interactive Data (Europe) Ltd. The FT Interactive Data business includes FT Interactive Data Corporation, a Delaware corporation, and the FT Interactive Data divisions of Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd. For further information please see: www.interactivedata.com About Avox Avox Limited utilises an entirely new approach to validating, correcting and enriching business entity data. The firm has established a shared pool of business entity data regularly contributed by a growing number of clients including Citigroup, Clearstream, Bank of Scotland, Barclays Capital, Dresdner Kleinwort Wasserstein, Standard Bank and Deutsche Borse. This industry data is combined with up-to-date content from other authoritative sources including regulators, business registries and company filings. Customised reporting and content are then provided on a pre-scheduled basis to each client. Changes made by any of Avox's clients to a data record are immediately revalidated by an Avox analyst and, if proven correct, they are broadcast, complete with a full audit trail, to all other clients holding the same record. The data in Avox includes corporate hierarchies, address information, industry sector codes, company identifiers, regulatory content and links to issued securities. Avox has offices in London, New York, Paris, Toronto, Johannesburg and Wrexham (Wales). Avox is a majority owned subsidiary of the Deutsche Borse Group, one of the world's largest financial exchange organisations. For further information please see: www.avox.info