Seamless Integration of FT Interactive Data’s Prices, Evaluations and FX Rates with Icon
13 October 2005
Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced that the first data feed from FT Interactive Data Europe, part of Interactive Data (NYSE: IDC) and a leading supplier of financial information and analytical software to global markets, is now available through a jointly developed interface with Icon, Linedata Services’ complete back-office fund management and administration solution.
The new service seamlessly provides prices, evaluations, FX rates and indices data from FT Interactive Data’s FTS service through Icon’s Data Integration Platform (DIP) for a faster, more efficient workflow. In addition, this proven, ‘out of the box’ solution can be deployed quickly and easily, requiring no additional configuration.
Paul Westgate, Icon Product Manager for Linedata Services, commented, “Having launched the Accredited Data Vendor Partner Programme earlier this year, I am delighted that the first two-way, seamless interface to FT Interactive Data’s FTS service is now available to Icon customers. We are planning additional interfaces for both asset reference and corporate actions data over the coming months.”
This is another success for Linedata Services’ Accredited Data Vendor Partner Programme, which is designed to offer existing and future Icon customers a greater choice of data vendors and simple, fast access to multiple data feeds.
About Interactive Data
Interactive Data Corporation (NYSE: IDC) is a leading global provider of securities pricing, financial information and analytic tools to institutional and individual investors. The company supplies time-sensitive pricing (including evaluated pricing), dividend, corporate action and descriptive information for more than 3.5 million securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the company's services in support of their trading, analysis, portfolio management and valuation activities.
Interactive Data is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, ComStock, CMS BondEdge and eSignal, Interactive Data has approximately 1,800 employees in offices located throughout North America, Europe, Asia and Australia. Pearson plc (LSE: PSON; NYSE: PSO), an international media company whose businesses include the Financial Times Group, Pearson Education and the Penguin Group, owns approximately 60 per cent of the outstanding common stock of Interactive Data Corporation.
FT Interactive Data Europe, part of Interactive Data, is a leading provider of financial information and analytical software to global markets. FT Interactive Data supplies global securities pricing, evaluations, dividend, corporate action and descriptive information designed to support mutual funds' pricing activities, securities operations, research and portfolio management. FT Interactive Data collects, edits, maintains and delivers data on more than 3.5 million securities, including daily evaluations for approximately 2.5 million fixed income and international equity issues. FT Interactive Data specialises in 'hard-to-value' instruments and 'hard-to-get' information from emerging markets.
FT Interactive Data Europe is a division of Interactive Data (Europe) Ltd.
For further information please see: www.interactivedata.com