Interactive Data Promotes Liz Duggan to Managing Director, Evaluations
October 05 2009 - 8:45AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related solutions to financial
institutions, active traders and individual investors, today
announced that Elizabeth Duggan has been promoted to managing
director of the Company’s Evaluations organization. Duggan, 44, has
held a variety of management positions at Interactive Data, serving
most recently as chief operating officer, Evaluations since January
2009. She reports directly to Mark Hepsworth, president of
Interactive Data’s Institutional Business.
Interactive Data supports thousands of financial institutions
worldwide, ranging from central banks to large investment banks,
with daily evaluations spanning more than 2.8 million fixed income
and international equity securities. During the past year, Duggan
has helped lead initiatives to further enhance and expand the
Company’s evaluated pricing services, broaden overall market
coverage, provide more transparency to evaluation services and
bring new talent into the organization.
Mark Hepsworth stated, “Liz has been a high-impact leader since
joining Interactive Data 10 years ago. During the past decade, she
has held a range of operational and client-facing roles that have
helped drive the growth of our Evaluations business and ensure a
high level of communication with major clients, regulators and
industry bodies. Given the increased focus that clients are
directing toward their valuation processes, Liz and her team are
advancing key initiatives that will further support our clients as
they continue turning to Interactive Data for independent
evaluations that reflect current market activity.”
Duggan joined Interactive Data in 1999 following the acquisition
of Muller Data, a municipal bond pricing specialist business. Since
then, Duggan has worked in several roles within the Company. From
2003 until December 2008, Duggan was vice president, market
specialists, a role in which she cultivated client relationships
and made valuable contributions to the growth of the Company's
Institutional Business. Duggan was promoted to chief operating
officer of the Evaluations organization in January 2009. She is a
graduate of Pace University.
Duggan succeeds Shant Harootunian as managing director.
Harootunian recently departed Interactive Data.
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading global
provider of financial market data, analytics and related solutions
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. Interactive Data, headquartered in Bedford, Mass., has
approximately 2,400 employees in offices located throughout North
America, Europe, Asia and Australia. 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’s Pricing and Reference Data business 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 collects, edits, maintains and
delivers data on more than 6 million securities, including daily
evaluations for approximately 2.8 million fixed income and
international equity issues. Interactive 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.
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