SOURCE: Interactive Data

June 20, 2013 08:00 ET

Interactive Data and ULLINK Strengthen Partnership With New Client

Bank Degroof Latest Client Accessing Consolidated Feed Content via ULLINK Trading Platform

LONDON--(Marketwired - Jun 20, 2013) - Interactive Data Corporation, a leading global provider of managed ultra low latency infrastructure and market data feed services, and ULLINK, provider of connectivity and trading solutions for the global financial community, today announced Bank Degroof as the latest client to go live using Interactive Data's Consolidated Feed via ULLINK's trading platform.

Demand for greater breadth and depth of market data to power algorithmic and electronic trading applications continues to grow, driven by increasingly diverse strategies as firms look to new asset classes and venues to deliver returns. Recognising this demand, Interactive Data developed an interface for its Consolidated Feed to ULLINK's trading platform aiding best execution of orders across multiple venues.

As a result, ULLINK clients can benefit from access to Interactive Data's extensive global coverage, full market depth and resilient infrastructure, offering more than 450 sources from more than 150 exchanges.

The latest client is Belgian independent private bank, Bank Degroof, whose traders are using Interactive Data's Consolidated Feed data through ULLINK's Trading platform.

Gautier Bataille, Managing Director at Bank Degroof, commented: "Bank Degroof prides itself on providing our private and institutional clients with a range of services to meet their financial requirements. The combination of ULLINK and Interactive Data is compelling as it offers a comprehensive trading solution with access to Level 1 and Level 2 data across multiple asset classes."

Rob Lane, European Business Manager, Trading Solutions at Interactive Data, said: "The alliance with ULLINK has been successful as the Consolidated Feed combined with ULLINK's trading technology has enabled us to deliver comprehensive coverage in a proven and cost-effective trading platform to a range of clients."

"Interactive Data's consolidated feed is rich, global and mature. Both companies focus on what they do best; bringing a best of breed platform to clients," added Laurent Useldinger, CEO of ULLINK.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2,500 employees in offices worldwide.

About ULLINK
ULLINK is a global provider of low-latency connectivity and trading solutions. With over 500 ready-to-trade connections to favorite counterparties (buy-sides, brokers, exchanges, order routing networks and trading applications, in all formats and all asset classes), we help our customers build flexible and efficient trading environments. ULLINK offers global connectivity, turn-key DMA and care order architectures, full order management with advanced sales-trading front-ends, exception management, crossing and smart order routing, and algorithmic trading across the globe. These solutions are available in Enterprise setups (handled by the customer) or as Managed Services (ASP). With offices in New-York, Sao Paulo, London, Paris, Cluj, Hong Kong, Tokyo, and Sydney, we support customers around-the-clock. Hundreds of financial institutions have chosen our solutions and rely on our exceptional customer care services.

Please visit http://www.ullink.com

About Bank Degroof
Bank Degroof is Belgium's leading independent private and investment bank, with an excellent reputation in each of its fields of activity.

For more than 140 years it has offered its private and institutional clients, along with business enterprises, a complete range of tailored solutions and services: asset management, financial markets, corporate finance, credit and structured finance, setup and administration of investment funds, real estate activities and financial analysis.

The Bank has a thousand employees managing their customers' future from offices in seven countries in Belgium: Antwerp - Brussels-Kortrijk-Ghent-Gosselies-Hasselt-Knokke-Liège-Namur-Wavre.
www.degroof.be
www.blog.degroof.be

Contact Information

  • For More Information:

    Interactive Data
    Brian Willinsky
    (North American media)
    Tel: +1 781-687-8291
    Email: Email Contact

    Geoff Whitehouse
    (Europe and Asia-Pacific media)
    Tel: +44 (0)20 7825 8012
    Email: Email Contact

    ULLINK
    Julie Fontaine
    Tel: +33 (0) 1 44 50 52 03
    Email: Email Contact