Integration of Sophisticated Tools and High-Quality Data to Help Customers Make Informed Investment Decisions and Address Regulatory Requirements
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that its Pricing and Reference Data business will deliver reference data to customers utilizing Xenomorph’s TimeScape, a powerful cross-asset data management and analysis software platform. Through its relationship with Interactive Data, Xenomorph can help enable its customers to make better-informed investment decisions while addressing regulatory requirements.
TimeScape unites data management, data connectivity, and pricing analysis for a broad range of asset classes into one user interface, helping customers to work more efficiently. The software platform also offers capabilities that are designed to enable the deployment of new asset classes and pricing models that can be pre-tested, checked and managed in near-real time.
The two companies have developed an interface to TimeScape that is designed to provide Xenomorph’s customers with direct access to Interactive Data’s high-quality reference data for more than 3.5 million global securities. This enables Xenomorph to deliver an expanded dataset to support their customers’ data management and analysis activities.
“Our customers demand a vast resource of high-quality reference data as the basis for their pricing models and data analysis activities,” said Brian Sentance, CEO, Xenomorph. “Working with Interactive Data, we can ensure that the quality of the data matches the sophistication of our analytics and data management solutions. By providing direct access to Interactive Data’s reference data, we can help a broad range of customers, including traders, risk managers, and quantitative analysts, make informed investment decisions, improve their productivity in managing data and address regulatory capital requirements.”
“By uniting Interactive Data’s vast universe of reference data with its sophisticated set of software tools, Xenomorph can offer customers a comprehensive solution for improving their data management and analysis capabilities,” said Ray D’Arcy, president of sales, marketing and institutional business development, Interactive Data Corporation. “The powerful combination of our high-quality data and range of flexible delivery options has enabled Interactive Data to forge relationships with numerous businesses that provide innovative financial applications designed for the front, middle and back offices. We are excited about our work with Xenomorph, and look forward to continuing to expand our relationship.”