IDC Interactive Data Corp.

Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that data from its Pricing and Reference Data business will now be available through ValueLink�s PriceValidation service. Through PriceValidation, ValueLink acts as a service facilitator taking raw data from customers� chosen data vendors and subjecting it to ValueLink�s validation processes within client agreed deadlines for intra-day and closing timeslots. Now, Interactive Data�s extensive intra-day and end-of-day pricing data and evaluations will be accessible to customers through ValueLink�s interface with FTSSM, Interactive Data�s securities administration service. This can help customers to save time and resource in their validation process. Stephen Choate, chief executive, ValueLink, said: �The wide-ranging data is dual fed into ValueLink�s stringent six-stage validation process, exceptions are resolved and validated files are available to clients 15 minutes after the valuation point. We have dedicated client administrators who provide responses to customer queries within 15 minutes and can tailor procedures to help meet specific requirements. We can also provide validation reports giving a full audit trail for compliance purposes.� Brendan Beith, sales director, Interactive Data (Europe), added: �In today�s risk and regulatory environment, this validation service will provide an added benefit to our customers, helping them seamlessly compare any differences in data between vendors. The service automatically compares data uploaded from data vendors, prices are validated against multiple data sources, and data is scrutinised for appropriate updates.� 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 specialises in �hard-to-get� information and evaluates many �hard-to value� instruments. Pricing, evaluations and reference data are provided in the US 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. FTSSM is a service mark of Interactive Data (Europe) Ltd. For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com. About ValueLink ValueLink supplies fully validated global securities data including pricing, corporate actions, dividends,�standing data�and net asset value and unit price valuations. The data is used in a number of scenarios�as either a primary data source, a single data source or a benchmark feed by banks, institutional investment houses, fund administrators and unit trust managers in the UK, Ireland, Europe and the US. Data is�collected from multiple broadcast vendors, global stock exchanges, specialist sources, websites, fund managers, market makers and brokers. The data goes through a stringent six-stage validation routine, including dual-feed processing, in order to maximise reliability and accuracy. ValueLink also provides a counterparty collection and reconciliation service for OTC derivatives and other illiquid positions. The data collected from counterparties is automated and controlled through the same database and processes as the price validation service. For more information, please visit www.ValueLink.co.uk