Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related services, today announced that its Pricing and Reference Data business has been selected by HedgeSpeed Technology as a main source of financial data for its middle-office liquidity management software platform. HedgeSpeed�s innovative platform provides tools that are designed to help hedge funds and fund administrators efficiently and effectively manage portfolios. These tools include Borrow & Position Master, which provides automated real-time locates and trade/position capture, historical availability, and a flexible reporting framework for historical analysis of positions and cost. In addition, the Company�s strategic umbrella also includes Prime Broker and OTC Margin Generation, Cash Management, OTC Swaps Control, and Investor Subscription/Redemption Management. Interactive Data�s high-quality reference data for more than 3.5 million securities is being used as a main source for HedgeSpeed�s securities masterfile. Through an interface with Interactive Data�s RemotePlusSM, HedgeSpeed can provide its clients with seamless access to reference data, securities pricing, FX rates, dividend information and corporate actions data. �The complexity of the financial markets makes it critical for firms to have access to easy-to-use tools and high-quality data in one platform,� said Vera MacLeod, managing partner, HedgeSpeed Technology. �The combination of HedgeSpeed�s innovative software platform and Interactive Data�s vast universe of reference data provides our clients with a comprehensive offering that can help them work more efficiently by automating processes across the middle office.� �We are very pleased that HedgeSpeed has selected Interactive Data as a main source of reference data,� said Ray D�Arcy, president of sales, marketing and institutional business development, Interactive Data Corporation. �We continue to see a growing need for high-quality data to support a diverse range of sophisticated front, middle and back office applications. By integrating Interactive Data�s reference data into their robust software platform, HedgeSpeed can offer its clients a turnkey approach to efficiently managing their portfolios.� Additional information about HedgeSpeed Technology�s innovative product offerings is available at: http://www.hedgespeed.com Additional information about Interactive Data�s RemotePlus is available at: http://www.interactivedata-prd.com/pdfs/RemotePlus_5140-200606B.pdf. About HedgeSpeed Founded in 2005 by accomplished Hedge Fund and Wall Street IT professionals, the genesis of HedgeSpeed Technology was to provide software solutions and business consulting services that solve the middle office challenges of Hedge Fund Liquidity Risk Management.�HedgeSpeed�s software platform is powered by Microsoft .NET technologies and applies open interface standards that provide seamless integration with existing Hedge Fund, Prime Broker or third-party technology platforms. 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, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. 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. Interactive Data Pricing and Reference Data provides global securities pricing, evaluations and reference data designed to support financial institutions� and investment funds' pricing activities, securities operations, research and portfolio management. Interactive Data Pricing and Reference 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. Interactive Data Pricing and Reference Data specializes in �hard-to-get� information from emerging markets and evaluates many �hard-to value� instruments. Pricing, evaluations and reference data are provided in the U.S. through Interactive Data Pricing and Reference Data, Inc. and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd. For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com. Interactive DataSM and the Interactive Data logo are service marks of Interactive Data Corporation.
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