Interactive Data Corporation Wins Three Awards from Inside Market Data
Company Recognized for Company to Watch, Acquisition of the Year and Takes Joint Award for CEO of the Year
Interactive Data Corporation (NYSE: IDC), a leading global provider of financial data and analytics to institutional and individual investors, is a top winner, gaining three awards at the annual Inside Market Data industry awards.
Interactive Data Corporation won in the 'Company to Watch' category for its move into the real-time institutional space and for steps taken to streamline its internal technology. And for the second consecutive year, Interactive Data Corporation received 'Acquisition of the Year' award for its purchase of HyperFeed Technologies' consolidated datafeed business. In 2003, Interactive Data Corporation gained this award for its acquisition of ComStock.
Through the acquisition of the consolidated market data feed client contracts from HyperFeed Technologies, ComStock, which carries real-time content from more than 350 global sources and exchanges covering more than 1.8 million instruments across virtually all asset classes, now provides services to over 250 HyperFeed Technologies clients.
"We are honored to be recognized by Inside Market Data for our Acquisition of HyperFeed Technologies consolidated datafeed business and as the 'Company to Watch,' said Stuart Clark, president and CEO, Interactive Data Corporation.
In addition, Stuart Clark was nominated for leading his company into new markets and was voted in joint first place in the vendor category for the 'Executive of the Year' award.
Nominees for the IMD 2004 Awards were made by Inside Market Data's editorial staff with consideration of a survey of IMD's readers. The awards, which were decided by an online ballot of IMD's readers conducted in March 2004, were presented on April 20 at the IMD 2004 conference awards dinner in New York. As part of the news service of the market data industry, the IMD Awards 2004 are an important indicator of who industry professionals believe are leading the way each year.
About Interactive Data Corporation
Interactive Data Corporation 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 Corporation is headquartered in Bedford, Massachusetts. Through its branded businesses, FT Interactive Data, ComStock, CMS BondEdge, and eSignal, Interactive Data Corporation has approximately 1,800 employees in offices located throughout North America, Europe, Asia, and Australia. Pearson plc (NYSE: PSO), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 60 percent of the outstanding common stock of Interactive Data Corporation.
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