SOURCE: Interactive Data

Interactive Data

March 31, 2014 09:00 ET

Interactive Data Announces Collaboration With SAP

Leveraging the Power of Interactive Data's World Renowned Content With Superior Technology From SAP to Deliver High Performance Data on Demand

NEW YORK, NY--(Marketwired - Mar 31, 2014) - Interactive Data Corporation, a leading provider of global pricing, reference and corporate actions data, today announced a strategic collaboration with SAP that will enable clients to simply plug their applications into Interactive Data's data store, allowing them immediate access to the most up-to-date Interactive Data content on demand.

Data acquisition, integration and maintenance are some of the biggest challenges in developing and running applications to drive business in today's highly competitive capital markets. Interactive Data and SAP are collaborating to combine the power of Interactive Data's global pricing and reference data content with SAP® Sybase® RAP software, enabling clients to benefit from full and open query rights across multiple asset types, geographies and markets based on their subscription options.

"In the new world of cross-asset, cross-currency and cross-geography investment strategies, financial professionals need fast, open access to easily queried financial data from within their preferred applications, without the delays arising from processing bulky file transfers or using complicated interfaces," said Andrew Hausman, President, Pricing and Reference Data, Interactive Data.

By leveraging Interactive Data's global content and SAP's technology expertise, Interactive Data will enable clients to easily screen and analyze data across asset classes and geographies in support of new investment and trading strategies, using timely data seamlessly integrated with the applications already in use by the clients in the middle and front office.

SAP Sybase RAP will enable Interactive Data to simplify connectivity between Interactive Data's content servers and Microsoft® Excel® or their clients' proprietary and off-the-shelf applications, such as OMS, EMS and risk systems.

"Combining SAP's powerful integrated platform with Interactive Data's content is another step toward delivering quality, high performance solutions to the industry," said Ross Wainwright, Global Head of Financial Services Industries at SAP.

Please contact info@interactivedata.com to learn more about Interactive Data and opportunities for early adoption.

About Interactive Data Corporation
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 10 million current and historical securities, including daily evaluations for approximately 2.7 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 US through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

For more information about Interactive Data please visit: www.interactivedata.com.

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