SOURCE: Interactive Data

Interactive Data

September 23, 2013 09:00 ET

Oppenheimer Selects Interactive Data's Market-Q to Power Advisor Desktops and Mobile Devices

2300 Wealth Advisors Have Access to Real-Time Market Data Desktop and Mobile Companion

NEW YORK, NY--(Marketwired - Sep 23, 2013) - Interactive Data Corporation, a leading provider of market data solutions for wealth management firms, today announced that Oppenheimer & Co. Inc. (Oppenheimer) has chosen Market-Q as its real-time streaming market data desktop and Market-Q Mobile as its real-time mobile solution. Market-Q Mobile offers anywhere, anytime tablet access to advisors on-the-go.

Oppenheimer recently performed a comprehensive analysis of its real-time and mobile market data requirements and selected Market-Q to power its desktops and mobile devices. Its user group found that Market-Q offered a flexible interface, excellent charting and alert features, along with a seamless mobile application.

"Our wealth management professionals require tools that enhance productivity and promote client service and retention," said Thomas Riordan, Chief Information Officer for Oppenheimer. "It was our goal to find a solution that would bring together global real-time pricing information, news, research and other financial and market data into one flexible workstation for our advisors. We needed a system that could offer increased flexibility in terms of how our advisors interacted with these tools, and the mobile application and its portability is very important for advisors looking to connect with their clients."

Interactive Data is experiencing growth in Market-Q adoption by financial advisory firms and top correspondent clearing companies in North America.

"Firms are re-evaluating their market data technology needs with the goal of including companion mobile solutions while reducing data and infrastructure costs," said Bill Chambers, Vice President and General Manager for Wealth Solutions at Interactive Data. "Our unique ability to assess firm-wide needs and user requirements, and to respond by efficiently deploying tailored and integrated solutions, can result in significant cost savings and improved service."

About Interactive Data Corporation
Interactive Data's wealth management solutions support more than 500 clients that span the wealth management marketplace, from advisors to end investors. These solutions include real-time streaming market data desktops, customizable web-based portals, a broad range of mobile and tablet solutions and powerful APIs. Interactive Data also designs, builds and supports custom-branded solutions for a wide range of technology frameworks or platforms. Additional information about Interactive Data's wealth management solutions is available at: www.interactivedata.com

About Oppenheimer
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.

Contact Information

  • For further information, please contact:

    Interactive Data Media

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

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

    Oppenheimer Media Relations
    Brian Maddox
    Senior Managing Director
    Strategic Communications
    F T I Consulting
    Tel: +1 212-850-5661
    Email: Email Contact