Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that it has received two industry awards for âBest Data Feed Providerâ and âBest Information Display Systemâ at the Systems in the City Awards 2011, held in London on 12 May.
For the third consecutive year, Interactive Data won in the category of âBest Data Feed Providerâ for PlusFeedSM, its low-latency, consolidated data feed. Dedicated to providing financial institutions with low and ultra-low latency global market data feed services, PlusFeed is a high-capacity, low-latency data feed that delivers comprehensive global, multi-asset class instrument coverage from more than 450 sources worldwide, including over 125 exchanges, with extensive level 2 data. The feed is used by financial firms to power algorithmic and electronic trading applications, as well as many other time-sensitive applications. PlusFeed is also available on the Interactive Data 7ticksâ ultra-low latency network.
In addition, Interactive Data won in the category of âBest Information Display Systemâ for its PrimeTerminalSM and FTSSM services. PrimeTerminal Professional is a dynamic, highly customisable market data desktop solution for wealth management, private banks, asset managers and financial advisors. FTS is a flexible, web-based securities administration tool offering an intuitive, online view with functionality to maintain clientsâ securities portfolios and download data in a required format. Interactive Data provides securities pricing, evaluated pricing and reference data for millions of securities from more than 450 markets and exchanges worldwide, including hard-to-value instruments.
"We are delighted that the 2011 Systems in the City Awards have again recognised our low-latency data feed, as well as our financial information delivery systems, as leading offerings in their respective fields,â said Brendan Beith, head of EMEA Business at Interactive Data. âWe work closely with our clients to understand their workflow and take pride in providing financial institutions with offerings that can help address their specific needs.â