NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - Mar 31, 2014) - Interactive Data Corporation, a leading global provider of managed ultra-low latency IT and market data feed services designed to facilitate electronic trading, today announced immediate availability of an Interactive Data feed handler for TREP upgrade that enables integration of the Interactive Data Consolidated Feed with a customer's market data platform.
Access to high quality consolidated feed data is crucial for any firm active in equities, equity derivatives and/or OTC markets. To facilitate feeding this information into applications, the enhanced feed handler for TREP offers a generic symbol remap capability designed to allow customers to create and maintain a list of vendor symbols and translate them into an equivalent Interactive Data symbol.
"Customers can utilize the Interactive Data Consolidated Feed to power multiple applications across their market data platform infrastructure without a laborious re-engineering effort," said Emmanuel Doe, president, Trading Solutions Group at Interactive Data. "With the generic symbol remap feature, customers can map their existing symbology into symbols that the Interactive Data Consolidated Feed can understand."
As part of an ongoing program to add more venues, features and symbologies, the feed handler for TREP upgrade also provides support for additional feed mapping rules and new market content with particular emphasis on Level 2 equity markets in this release. Interactive Data's feed handler presents data to customer and third party applications using the same data models that the applications were originally designed to utilize, so applications can consume the Consolidated Feed content in the same way as their legacy feed sources, thereby minimizing the switching effort, time and risk.
The Interactive Data Consolidated Feed delivers low latency data from more than 450 sources worldwide. These sources cover more than 150 exchanges and 110 contributors of OTC data and include multi-asset class instrument coverage and extensive Level 2 data. The Consolidated Feed is used by firms globally to power front, middle and back office applications.
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 its 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.
Interactive Data and the Interactive Data logo are service marks of Interactive Data Corporation, and registered service marks in Australia, European Community, Germany, Japan, Korea, New Zealand, Switzerland, and Taiwan. Other products, services, or company names mentioned herein are the property of, and may be the service mark or trademark of, their respective owners.