SOURCE: Interactive Data

Interactive Data

April 15, 2013 09:15 ET

Interactive Data to Expand Real-Time Fixed Income Pricing Services to Include Real-Time Evaluations

Leverages Significant Investment in Technology Infrastructure to Enhance Real-Time Pricing Offerings

NEW YORK, NY--(Marketwired - Apr 15, 2013) - Interactive Data Corporation, a leading provider of global pricing, reference and corporate actions data, today announced the expansion of its real-time fixed-income pricing services.

Interactive Data is a leading provider of independent, end-of-day fixed income evaluations. It is also an established provider of real-time fixed income pricing to global ETF sponsors for use in calculating intraday indicative values (or iNAVs), updated every 15 seconds. "We are able to leverage the significant investment we have made in technology to extend our real-time fixed income pricing services," says Mark Hepsworth, President of its Pricing and Reference Data business. "The fixed income markets are changing, and we see a growing opportunity to provide independent real-time evaluated fixed income pricing to the front office to support pre-trade transparency and investment analysis. We also see benefits for our clients' post-trade operations, as they look to adopt more intraday processes to get ahead of the pricing window."

In addition to delivering real-time evaluated pricing via a data feed, Interactive Data also plans to add real time pricing to Vantage(SM), its fixed income transparency display application. "As well as seeing rapid uptake of Vantage with our post-trade operations clients, we also see front office users adopting Vantage to gain greater transparency into fixed income securities pricing. The addition of real-time evaluated pricing to our end of day Evaluation Services offerings will provide clients with even greater insight during the trading day" added Hepsworth.

Interactive Data already offers intra-day corporate actions and reference data through Apex(SM), its new delivery platform for pricing and reference data. "The expansion of our evaluated pricing capabilities to real-time is the next step as we continue to evolve our products from end of day to intraday and real-time delivery that supports pre- as well as post-trade activity," Hepsworth said.

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.

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.

Contact Information

  • For further information, please contact:

    Anne O'Brien
    Tel: 1-212-771-6956
    Email: Email Contact

    Geoff Whitehouse
    Tel : 44 (0)20 7825 8012
    Email : Email Contact