Interactive Data Names J.R. Rieger Vice President of Evaluated Services
Experienced Executive to Focus on Expanding Evaluated Services Offerings
22 August 2007 - Bedford, Mass.
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that James “J.R.” Rieger will join Interactive Data Pricing and Reference Data, Inc. as vice president of evaluated services. Mr. Rieger will be responsible for managing all aspects of Interactive Data Pricing and Reference Data’s Evaluated Services’ operations.
“We believe that J.R.’s proven track record and experience in the fixed income information market will help Interactive Data further strengthen its position as a leading provider of evaluated services,” said Robin Simpson, senior vice president of content and operations, Interactive Data Corporation. “We are delighted that J.R. will be joining Interactive Data and look forward to him spearheading our efforts to expand coverage and design offerings that meet the evolving needs of our clients.”
Mr. Rieger, 48, had been vice president, global evaluations at Standard & Poor’s Securities Evaluations prior to his new position at Interactive Data. In this role, he was responsible for managing Standard & Poor’s evaluations business and for developing their securities pricing offerings. Mr. Rieger has more than 25 years of experience in researching and evaluating fixed income securities.
The appointment is effective on August 27, 2007. Mr. Rieger will report to Robin Simpson and will be based in New York City.
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 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, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,200 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 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 3.5 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 US 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 Data and the Interactive Data logo are service marks of Interactive Data Corporation.
For More Information:
Investors
Andrew Kramer
Tel: +1 781-687-8306
Email: andrew.kramer@interactivedata.com
Media
Sue Mitchell (European media)
Tel: +44 (0)20 7825 8076
Email: sue.mitchell@interactivedata.com
John Coffey (US Media)
Tel: +1 781-687-8148
Email: john.coffey@interactivedata.com
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