Interactive Data Managed Solutions Doubles Number of Customers in North America in One Year
December 17 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 Managed Solutions business has doubled its
number of customers in North America to 80 in one year and has
expanded its product offerings to help meet the evolving needs of
financial customers such as global wealth managers, retail and
investment banks, asset managers, online brokers, stock exchanges,
and commodities brokers. Interactive Data Managed Solutions has
more than 470 customers globally and hosts more than 1,000 Web
sites. New customers for this business in North America include:
AOL, Firstrade, Standard & Poor�s and Platts (both are
divisions of The McGraw-Hill Companies). Recently introduced
offerings from Interactive Data include: Market Data via XML
(MDXSM), a service for in-house developers looking to integrate
data into their Web site and applications; ETF Center, a suite of
products that include profiles, charts, screeners and analytical
tools for exchange-traded funds; and a Mobile Offering, a service
that delivers stock and index quote information to cell phones,
pagers and handheld devices. The Company utilized new technologies
such as Silverlight, Flex and Web 2.0 to develop these innovative
products for its customers. Interactive Data Managed Solutions
leverages the financial market data sources from across its
businesses and from other vendors to build and manage customized
Web-based applications. These applications aggregate a tailored set
of financial data and customer-proprietary content, and offer
visually stunning features such as streaming data feeds, charts,
sophisticated search functions and decision-support tools and
analytics. Interactive Data Managed Solutions helps its customers
optimize business processes and save costs, while creating a unique
online experience that attracts, engages and retains online users.
�Interactive Data�s ability to secure new customers, along with our
global technology infrastructure, comprehensive data and
sophisticated tools, demonstrates our team�s capacity to determine
the scope of product needs and design the appropriate solutions,�
said Luan Cox, general manager of Interactive Data Managed
Solutions (Americas). �We continue to work with an increasing
number of North American customers to cost-effectively build
powerful online financial applications.� �Interactive Data�s depth
of financial content delivery capabilities, coupled with its
sophisticated technology platform, helped provide our Web site with
top-level functionality spanning several international locations,�
said C.S. Hsia, vice president of business development at Firstrade
Securities, Inc., a leading online discount broker based in the
U.S. �Interactive Data�s ability to design our Web site to deliver
a wide range of financial content in three languages underscores
its commitment to customizing solutions to help meet complex client
needs.� Additional information about Interactive Data Managed
Solutions is available at: www.interactivedata-ms.com. 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 Managed Solutions is a
leading provider and operator of customized financial information
systems. The group builds and manages Web-based financial market
data portals and terminals for a range of organizations worldwide,
from retail and investment banks to asset managers, online brokers,
stock exchanges and media portals. By aggregating a broad set of
financial data and client-proprietary content and offering visually
stunning features such as charts, sophisticated search functions,
decision-support tools and analytics, these intuitive applications
can help customers optimize their business processes and realize
efficiencies. Interactive Data Managed Solutions is managed as part
of the Interactive Data Real-Time Services business, which provides
a comprehensive suite of offerings that includes PlusFeedSM, a
consolidated, low latency digital datafeed. 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.
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