SOURCE: Interactive Data

Interactive Data

July 21, 2014 09:00 ET

Interactive Data Wins Award for Best Pricing and Market Data Display for Vantage(SM)

Price Transparency and Workflow Tool Wins for Second Consecutive Year at Systems in The City Awards, 2014

LONDON, UNITED KINGDOM--(Marketwired - Jul 21, 2014) - Interactive Data, a leading provider of independent evaluated pricing and reference data services, today announced that it received the 'Best Pricing and Market Data Display' award for its price transparency and workflow tool, Vantage, at the Systems in The City Awards, which took place on 3 July 2014 in London.

Interactive Data's Vantage is an intuitive web application that increases transparency and enhances operational efficiency for pricing, trade execution, collateral management, and compliance functions. Vantage unifies in-depth market information and sophisticated workflow tools for global corporate, sovereign and securitised securities and US municipal bonds.

Vantage helps support accounting standards and regulatory requirements through its transparency functionality and the Vantage Evaluation Toolkit. This helps support clients' IFRS 13 and Topic 820 requirements through the provision of Interactive Data's award winning evaluations* and revelant market inputs and reference data.

"I am delighted that Vantage has received this accolade," said Mark Hepsworth, President Interactive Data Europe. "The need for independent and transparent evaluated pricing data is fundamental to helping clients calculate accurate valuations and meet accounting and regulatory requirements. The Vantage customer profile now encompasses sales and trading, collateral management and best execution analysis functions in addition to existing pricing and risk use cases. Interactive Data is continually enhancing Vantage to help clients improve productivity and optimize their valuation and risk processes and we appreciate this recognition."

About Interactive Data Corporation

Interactive Data is a proven industry leader, providing major financial institutions and corporations worldwide with timely, high‐quality independent evaluated prices to support their mission‐critical operations. The Company delivers daily evaluations representing approximately 100 countries and 30 different currencies for 2.7 million financial instruments. Thousands of financial institutions worldwide, ranging from central banks to large investment banks to hedge funds, subscribe to Interactive Data's daily evaluated pricing. 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.

*Interactive Data was awarded 2014 Best Evaluated Prices Service Provider and Best Reference Data Provider by Inside Market Data / Inside Reference Data.

Contact Information