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FT Interactive Data Announces the Launch of Securities Taxation Web
17 October 2006 - London
FT Interactive Data, an Interactive Data (NYSE: IDC) business and a leading supplier of financial information to global markets, announced today the launch of Securities Taxation Web, a new internet browser-based version of FT Interactive Data’s Securities Taxation Service. Securities Taxation Web provides a range of useful reference tools for tax professionals for UK Capital Gains Tax (CGT) and income tax returns, and for UK CGT calculation and tax planning. The new online service has been introduced as an additional offering to the current print and CD-ROM formats.
Securities Taxation Web consists of several modules including the UK & Irish Capital Gains Tax Services; UK & Irish Dividend and Interest Service; UK Exemptions from Capital Gains Tax; the Registrars Service, and the International Dividend & Interest Service.
Anthony Neville, divisional director of FT Interactive Data, said: “Securities Taxation Web is customisable, and is hosted and supported by FT Interactive Data. This means that subscribers don’t need to purchase or set-up servers to run the proprietary software on site – nor do they need to devote resources to installation or loading monthly data updates. And if customers need help, our dedicated support team is available to answer any queries.”
Nick Wells, applications manager at BDO Stoy Hayward LLP, has recently tested the online service and added: "Providing and maintaining an equities reference service across a number of offices is no small task. We were therefore enthusiastic early adopters of the new online Securities Taxation service. We have received much positive feedback from our users of the service, notably on the breadth of information and the comprehensive search facilities. The seamless, maintenance-free updates incur no additional IT overhead."
Registered customers of Securities Taxation Web can gain instant access to the latest data provided by the service at: www.sectax.co.uk.
About Interactive Data
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 time-sensitive pricing, evaluations and reference data for more than 3.5 million 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, FT Interactive Data, ComStock, CMS BondEdge and eSignal, Interactive Data has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia, and is headquartered in Bedford, MA. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 62 percent of the outstanding common stock of Interactive Data Corporation.
FT Interactive 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. FT Interactive Data collects, edits, maintains and delivers data on more than 3.5 million securities, including daily evaluations for approximately 2.5 million fixed income and international equity issues. FT Interactive Data specialises in ‘hard-to-value’ instruments and ‘hard-to-get’ information from emerging markets.
Evaluated pricing is provided in the US through FT Interactive Data Corporation and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.
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