Interactive Data Provides International Pricing and Reference Data to FIXCITY
Interactive Data’s global coverage enhances web-based Indications of Interest (IOI) distribution product, ioinet
10 October 2007 - London
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 will supply international pricing and reference data to independent electronic trading solutions provider, FIXCITY. The agreement will broaden the global coverage of FIXCITY’s web-based Indications of Interest (IOI) distribution product, ioinet.
The data will be provided to ioinet via an interface with FTS , Interactive Data’s online portfolio administration service. ioinet provides a global liquidity platform for the distribution of IOIs and Trade Adverts (TAs) in equities and fixed income. ioinet distributes IOIs and TAs from brokers to buy-side firms worldwide, via an intelligent pre-trade analytics application. ioinet allows brokers to finely target IOIs and makes extensive use of graphics and analysis tools to allow dealers to grasp information quickly and intuitively.
Karl Breeze, director, FIXCITY, said: “Interactive Data provides superior breadth and depth of securities and pricing data, including uncommon stocks from emerging markets and less popular trading venues, further enhancing ioinet’s global offering. Provided through a single feed, the data is easily integrated and adds value to ioinet’s pre-trade tools providing greater insight into trading activity across markets.”
Brendan Beith, European sales director of Interactive Data’s Pricing and Reference Data business, added: “We are delighted that FIXCITY has selected Interactive Data to supply international data to ioinet. We place strong emphasis on our flexibility and our ability to customise services for the many applications and software providers with whom we work for the benefit of customers.”
FTS provides desktop access to a vast amount of global securities data. An integrated package, FTS combines an intuitive online view with the ability to download data for processing in a format to suit customer needs. Corporate action tracking, tailored to the securities required, is also available.
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 specialises 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.
About FIXCITY
FIXCITY is an independent specialist in web-based, global electronic trading solutions. Its innovative, platform-agnostic solutions facilitate communications between buy- and sell-side communities.
FIXCITY is a leading vendor of FIX solutions and IOI delivery services. ioinet, FIXCITY’s flagship product, takes a new approach to IOI distribution. Operating across the UK, Europe and the US, ioinet’s sophisticated filters and IOI analysis tools enable finely-targeted messaging; priced on a per-destination basis. This allows its community of leading buy- and sell-side firms to concentrate on their core trading activities.
Established in 2002, FIXCITY is headquartered in London with offices in New York City. FIXCITY’s dynamic approach to servicing the needs of the rapidly changing electronic marketplace has established its position as leading provider of front office decision and execution support tools.
For more information about FIXCITY, please visit www.fixcity.com
For More Information:
Interactive Data Corporation:
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
FIXCITY:
Nicolle Farthing/Nicki Ferguson, Cre8 Results Limited
Tel: +44 (0)20 7734 9199
Email: fixcity@cre8results.com
|
