Interactive Data Wins Best Corporate Actions Data Provider Award
May 01 2008 - 9:00AM
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 has received
the �Best Corporate Actions Data Provider� award at the Inside
Market Data/Inside Reference Data Awards 2008. Interactive Data won
in the category of 'Best Corporate Actions Data Provider',
sponsored by Inside Reference Data, for its high-quality corporate
actions data. Interactive Data has a wealth of experience in
gathering, updating, validating and delivering corporate actions
data to financial institutions covering multiple markets and
instrument types. The exceptional depth of data is available end of
day in ISO 15022 format and includes rights issues, bonus issues,
mergers and acquisitions, redemptions, and class actions.
Interactive Data also offers an intra-day corporate actions
service. "We are honored to be recognized by Inside Reference Data
for this award,� said Mark Hepsworth, president, Interactive Data
Institutional Business. �Interactive Data is a trusted industry
leader with a comprehensive set of financial information,
sophisticated analytics and value-added services to help meet a
very broad range of customer needs. We recognize the market
requirement for full coding and timeliness in our corporate actions
data and aim to ensure that our customers receive the full benefit
of our expertise, acquired through years of involvement in an
ever-changing business environment. We look forward to continuing
to help our customers address their needs for financial data and
services across their businesses.� In addition to the award,
Interactive Data was a finalist in seven other categories including
�Best Data Provider�, �Best Data Provider for Equities�, �Best Data
Provider for Foreign Exchange�, �Best New Data Product -
DirectPlus�, �Best Reference Data Provider�, �Best Evaluated Prices
Service Provider� and �Best Counterparty Data Provider�.
Nominations for the awards � which aim to recognize industry
excellence within market data, reference data and enterprise data
management � were made by an Inside Market Data/Inside Reference
Data editorial committee. The newsletter's readership voted for the
winners in an online ballot and the results were announced on April
29 in New York, on the evening of Inside Market Data and Inside
Reference Data�s North American Financial Information Summit. 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
real-time market data, time-sensitive pricing, evaluations and
reference data for millions of 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 2,300 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, is Interactive Data Corporation's majority
stockholder. 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 6 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. Interactive Data and the
Interactive Data logo are service marks of Interactive Data
Corporation. For more information about Interactive Data
Corporation and its businesses, please visit
www.interactivedata.com.
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