Xenomorph Utilizes Interactive Data's Reference Data for Financial Data Management and Analysis Platform
June 27 2007 - 8:00AM
Business Wire
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 will deliver
reference data to customers utilizing Xenomorph�s TimeScape, a
powerful cross-asset data management and analysis software
platform. Through its relationship with Interactive Data, Xenomorph
can help enable its customers to make better-informed investment
decisions while addressing regulatory requirements. TimeScape
unites data management, data connectivity, and pricing analysis for
a broad range of asset classes into one user interface, helping
customers to work more efficiently. The software platform also
offers capabilities that are designed to enable the deployment of
new asset classes and pricing models that can be pre-tested,
checked and managed in near-real time. The two companies have
developed an interface to TimeScape that is designed to provide
Xenomorph�s customers with direct access to Interactive Data�s
high-quality reference data for more than 3.5 million global
securities. This enables Xenomorph to deliver an expanded dataset
to support their customers� data management and analysis
activities. �Our customers demand a vast resource of high-quality
reference data as the basis for their pricing models and data
analysis activities,� said Brian Sentance, CEO, Xenomorph. �Working
with Interactive Data, we can ensure that the quality of the data
matches the sophistication of our analytics and data management
solutions. By providing direct access to Interactive Data�s
reference data, we can help a broad range of customers, including
traders, risk managers, and quantitative analysts, make informed
investment decisions, improve their productivity in managing data
and address regulatory capital requirements.� �By uniting
Interactive Data�s vast universe of reference data with its
sophisticated set of software tools, Xenomorph can offer customers
a comprehensive solution for improving their data management and
analysis capabilities,� said Ray D�Arcy, president of sales,
marketing and institutional business development, Interactive Data
Corporation. �The powerful combination of our high-quality data and
range of flexible delivery options has enabled Interactive Data to
forge relationships with numerous businesses that provide
innovative financial applications designed for the front, middle
and back offices. We are excited about our work with Xenomorph, and
look forward to continuing to expand our relationship.� About
Xenomorph Xenomorph delivers real-time analytics and data
management solutions to the financial markets. Our TimeScape
technology leverages our clients� proprietary expertise, and in so
doing enables faster time to market for new financial products, new
risk techniques and new trading ideas. Trading, research, risk,
product control, IT and back-office staff use Xenomorph�s TimeScape
cross-asset data management platform at investment banks, hedge
funds and asset management institutions across the world's main
financial centres. For more information on Xenomorph, our clients,
services and solutions, please email info@xenomorph.com or see
www.xenomorph.com. Xenomorph� and TimeScape� are registered
trademarks of Xenomorph Software Limited. Other product and company
names herein may be trademarks of their respective owners. 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 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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