Archway Technology Partners Selects Interactive Data for Daily Pricing Information and Evaluations
October 08 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 is providing
daily securities pricing services and evaluations of fixed income
securities to Archway Technology Partners, a global financial
software company that supports the operations of a variety of
private investment companies. Archway leverages RemotePlusSM,
Interactive Data�s financial data delivery service, to obtain daily
listed securities pricing information for its clients. Archway
provides the daily pricing information obtained through its
interface with RemotePlus to its clients via ATWeb, Archway�s
web-based enterprise back office accounting platform that services
the operations of hedge funds, family offices, fund administrators,
fund of funds, investment advisors, private equity and real estate
funds. ATWeb�s functionalities include multi-currency portfolio
accounting, fund accounting, partnership accounting, general ledger
and performance reporting. Archway also draws from Interactive
Data�s capabilities as a leading independent provider of daily
evaluations for fixed income securities. With over 30 years of
experience, Interactive Data's teams of evaluators operating in
three major time zones evaluate approximately 2.5 million fixed
income issues every day. �A wide range of investment firms need
access to a timely and comprehensive set of daily securities
pricing information and evaluations from trusted data and
technology providers,� said Jean Aiken, vice president of the
Business Development Group for Interactive Data Pricing and
Reference Data. �By continuing to expand our broad range of
redistribution partnerships with emerging technology innovators and
market leaders alike, we are taking important steps to further
expand adoption of our high-quality market data services. Archway�s
advanced financial software platform enables seamless delivery of
our data to a growing number of hedge funds and other private
investment companies.� �By providing Interactive Data�s pricing
information and evaluations through ATWeb, we help clients access
critical financial information delivered on a best-in-class
accounting and operational platform,� said Jason Brown, president,
Archway Technology Partners. �Our relationship with Interactive
Data underscores our commitment to provide innovative,
market-leading solutions that support the back-office operations of
private investment firms.� RemotePlus delivers a comprehensive set
of security information, including current and historical pricing,
evaluations, descriptive, and corporate actions data. For more
information about RemotePlus, please visit
http://www.interactivedata-prd.com/pdfs/RemotePlus_5140-200708.pdf.
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, RemotePlus and the
Interactive Data logo are service marks of Interactive Data
Corporation. About Archway Technology Partners Archway Technology
Partners is a global software company supporting the operations of
private investment companies such as Hedge Funds, Fund of Funds,
Family Offices, Multi-Family Offices, Fund Administrators and Real
Estate Funds. Archway�s flagship product, ATWeb, is a leading
on-demand enterprise software application for the Investment
Industry. ATWeb customers enjoy web-deployed tools available 24/7.
ATWeb is the industry�s only application that has successfully
integrated investor relations, portfolio reporting, fund
accounting, partnership accounting, and a full suite of financial
modules - a true standard in one solution. Built on next generation
technology, Archway also supports the world�s only fully integrated
Hedge Fund Market. For more information, please visit our website
at http://www.archwaytechnology.net.
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