SOURCE: Interactive Data Corporation

April 17, 2012 06:00 ET

Interactive Data Expands Capabilities of Global Corporate Actions Service

Extends Coverage to Additional Event Types and Enables Access Through Web Service API

NEW YORK, NY--(Marketwire - Apr 17, 2012) - Interactive Data Corporation, a leading provider of global reference data, today announced expanded coverage and new enhancements to its global Corporate Actions Service.

The service now provides global coverage of exchange listings, delistings, IPOs, identifier changes and shares outstanding. In addition, the service is now available via a Web Services application programmable interface (API) which can help financial institutions to obtain on-demand access to global corporate actions data and streamline integration of this data.

"As corporate actions grow in complexity, their ability to create risk is magnified, and this can cause challenges across the client enterprise -- from order management and pre-trade compliance all the way to settlement and clearing," said Robin Simpson, managing director, Reference Data for Interactive Data. "Our Corporate Actions Service provides timely corporate actions data to financial institutions when they need it and in the appropriate format to assist with trading operations and investment strategies, as well as effective management of risk. Our new Web Services API now enables financial institutions to readily obtain global corporate actions data on demand."

Interactive Data's Corporate Actions Service provides comprehensive global coverage, with in-depth data for over 70 corporate action event types covering approximately 90,000 companies operating in more than 100 countries. This corporate actions data can be delivered at the start of the day and on an intra-day basis in standardized XML and ISO 15022 format, which can help to streamline integration into financial systems and applications.

Interactive Data offers flexible delivery options through the API and via a broad range of software and technology platforms, including corporate actions processing systems, trust and accounting providers and enterprise data management (EDM) suppliers.

Interactive Data has decades of experience in gathering, updating, validating and delivering corporate actions data, covering multiple markets and instrument types. The Company's global Corporate Actions Service is part of its award-winning* global reference data offerings, which span more than 10 million financial instruments.

* Interactive Data was named 'Best Reference Data Provider' in 2011 for the second consecutive year by Inside Market Data and Inside Reference Data.

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 is headquartered in Bedford, Massachusetts and 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, Inc. 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:

    Brian Willinsky
    (US media)
    Tel: +1 781-687-8291
    Email: Email Contact

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