Interactive Data's ComStock Strengthens Global Real-Time Sales Organization
December 11 2006 - 8:30AM
Business Wire
ComStock, an Interactive Data (NYSE: IDC) business and a leading
provider of real-time global market data and managed solutions,
today announced that it has substantially enhanced its global
real-time sales organization with a number of new appointments. The
ComStock sales organization is led in North America by Richard
O�Dea, who joined the company in April 2006 as vice president of
sales, and in Europe, Middle East and Africa by regional sales
directors Rob Lane and Herve Ferro. The new members of ComStock�s
global team who have joined the company during the past year
include the following sales managers: Mike Cirillo � Mike has 17
years of experience in the market data industry. Before joining
ComStock, he managed sales territories in the northeastern United
States for Reuters America, with a particular focus on building
relationships with top-tier hedge funds. Julie Chang � Julie comes
to ComStock with over 10 years of financial services experience,
most recently having spent numerous years in sales at Reuters
America. At Reuters, she focused on managing key account
relationships, winning new business within the buy side and
developing programs with prime brokerages. Jeff Kenney � Jeff has
more than 8 years of experience in the financial services industry,
most recently working with FT Interactive Data where he managed
relationships with a number of the company�s strategic partners.
John Moores � John has more than 10 years of experience in the
real-time data industry, including sales positions in the
commodities and energy sector at Reuters/MoneylineTelerate, and at
FactSet, where he was responsible for institutional sales of market
data, history and news. Jean Baptiste Nouvion � Jean Baptiste has 5
years of experience in the real-time data industry. He previously
worked for Reuters as a key account manager. John Purvis � John has
more than 6 years of experience in the financial service industry.
Prior to his position at ComStock, he was at SunGard Data
Management Solutions, where he managed sales for a suite of
services, including real-time datafeeds, web-based data solutions,
a historical time series data storage container and analytical
tools. Before SunGard, John was an account manager at Reuters where
he managed sales for a real-time suite of products. Finn Schioldan
� Finn has worked in the financial services industry for more than
16 years and brings vast knowledge of the various asset classes. He
joins Interactive Data from Thomson Financial. �We have been seeing
an accelerated demand for ComStock�s real-time offerings from
financial institutions over the past year, and have been
strengthening our sales teams in the US and Europe to help
capitalize on this market opportunity,� said Mark Hepsworth,
president of ComStock. �Institutional customers are using ComStock
to provide real time data to their algorithmic trading
applications, or as an alternative global datafeed provider for
either primary or back up purposes. We need to ensure that we have
the right level of salespeople in place to meet this demand.� About
Interactive Data Corporation 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 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. ComStock is a leading provider of real-time global
market data to financial institutions, redistributors and online
financial portals worldwide. ComStock's suite of services includes
PlusFeed, a consolidated, low latency datafeed. Also managed as
part of the ComStock group is Interactive Data Managed Solutions, a
leading provider and operator of customized financial market
information systems. For more information about Interactive Data
and its businesses, please visit www.interactivedata.com.
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