CMS BondEdge Introduces Fixed Income Analytical Datafeed Service
June 19 2006 - 9:15AM
Business Wire
CMS BondEdge, an Interactive Data (NYSE: IDC) business, and a
leading provider of fixed income portfolio analytics with over
twenty-five years expertise, today announced the release of an
analytical datafeed service. Firms may now directly access
state-of-the art fixed income risk measures from CMS BondEdge, long
since known for its flagship software product, BondEdge(R).
Flexible output and delivery options will help firms streamline
their data warehousing process. Sophisticated risk measures offered
include option-adjusted duration and convexity, key rate durations,
average life and option-adjusted spread (OAS), among many others,
for a comprehensive universe of bonds. Lou Gehring, senior vice
president and product manager, comments, "Providing CMS BondEdge
risk measures in a datafeed form is an ideal complement to our
traditional delivery of analytics via the BondEdge software to the
front office. The datafeed delivery option allows us to offer the
same high-quality fixed income analytical risk measures to the
middle and back office functions interested in, for example,
populating a data warehouse, proprietary reporting packages or risk
management systems. We have witnessed a significant trend among our
more than 500 institutional investment clients who are looking to
centralize information via a data warehouse, and have developed
capabilities for the broader market in response to this demand. Use
of a central data warehouse helps ensure consistency across various
investment-related applications and is therefore viewed by many of
these firms as advantageous for risk management purposes. The
datafeed delivery option is designed to provide the flexibility
necessary to accomplish that goal. We've signed on a number of
clients with extensive analytical data needs, such as master
trusts. We are also working with vendors in adjacent markets, where
our analytics are supplementing data those vendors are already
supplying to their clients." The CMS BondEdge fixed income
analytical datafeed service is an "on demand" service delivered via
the Internet. Risk measures offered are available based on any
frequency, up to daily. About CMS BondEdge CMS BondEdge, an
Interactive Data division, is a leading provider of fixed income
portfolio analytics to the investment community with over
twenty-five years' expertise. Its client base includes more than
500 leading banks, investment managers, brokerage firms, insurance
companies and pension funds throughout North America and Europe.
CMS BondEdge is long since known for its flagship product,
BondEdge(R), which allows customers to identify opportunities and
analyze portfolio risk using robust modelling techniques. CMS
BondEdge also provides direct access to sophisticated risk measures
for a wide universe of fixed income securities via its analytical
datafeed service. About Interactive Data 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, FT Interactive Data, ComStock,
CMS BondEdge and eSignal, Interactive Data has approximately 2,200
employees in offices located throughout North America, Europe, Asia
and Australia, and is headquartered in Bedford, MA. 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. For more
information please visit www.interactivedata.com.
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