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 now offers a Fair Value Information Service that covers international equity index futures as well as international exchange-listed and over-the-counter (OTC) equity options. This service can help institutions meet their fair value requirements for portfolios that contain these financial instruments. U.S. mutual funds have increasingly been incorporating international equity derivatives into their portfolios in an effort to seek alpha for their investors or for other purposes.(1) These fund complexes and their shareholders can benefit from Interactive Data�s Fair Value Information Service, which funds can use to help them determine end-of-day valuations for international equity index futures and international equity options when market quotations are not readily available at the time of net asset value (NAV) calculation. "As mutual funds broaden their strategies to include more complex investments such as international futures and options, there is a greater need for a systematic approach to producing valuations that reflect global market movements,� said Shant Harootunian, managing director of Evaluated Services, Interactive Data Pricing and Reference Data. �Recent research performed by Interactive Data revealed that approximately 93% of mutual funds employ a systematic fair value methodology for international equities. Interactive Data�s introduction of such a service for international equity derivatives is a natural progression for the industry. Today�s announcement demonstrates our commitment to providing clients with innovative offerings that help them to address continually changing market requirements.� Currently, more than 160 fund complexes subscribe to the Fair Value Information Service. In 2007, Interactive Data was awarded a patent by the U.S. Patent and Trademark Office for Fair-Value Pricing of a Financial Asset. Additional information about the Fair Value Information Service is available at www.interactivedata-prd.com. Interactive Data also offers a Fair Value Information Service for international equities that provides information that can be used to estimate the value of international equity securities after the close of trading in local markets. It utilizes a variety of observable market inputs and a multifactor model to produce evaluations. 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 Corporation is celebrating its 40th anniversary in 2008. 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. 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. (1) According to Interactive Data�s research of quarterly filings with the SEC on form N-Q, the number of international equity index futures and options held by funds has steadily increased since 2005.
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