Interactive Data Appoints Marc Alvarez Senior Director of Reference Data Infrastructure
November 12 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 named
Marc Alvarez senior director, Reference Data Infrastructure.
Alvarez, 45, will oversee the utilization and integration of the
Company�s data sets, data models, workflows and technology
capabilities to support its Reference Data strategy and maximize
its opportunities in this market. Alvarez reports directly to Robin
Simpson, managing director of Reference Data, and is based in the
Company�s New York City office. �We are pleased to welcome Marc to
the Interactive Data team, and believe that he will leverage his
more than 20 years of market data expertise to further bring
together our global information assets and help build upon our
comprehensive suite of Reference Data offerings,� said Robin
Simpson. �Marc�s leadership will be an integral part of our efforts
to develop and deliver high quality products and services to meet
the needs of our clients.� Alvarez joins Interactive Data from
Asset Control, where he most recently served as vice president of
products. He previously held the role of executive vice president,
products and marketing at Tap Solutions, Inc., prior to its
acquisition by Asset Control in April 2007. Alvarez also served in
several product management capacities over a 12-year career at
Reuters. He holds a bachelor�s degree in economics from The
University of British Columbia and is the author of several
publications, including �Market Data Explained: A Practical Guide
to Global Capital Markets Information� (October 2006, Butterworth
Books, London). 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.
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