Interactive Data Corporation, a leading provider of independent pricing and evaluation services, today announced the expansion of its relationship with FactSet Research Systems Inc. (NYSE: FDS) (NASDAQ: FDS), a leading provider of integrated global financial information and analytical applications for the investment community.
Interactive Data now provides daily independent evaluations for international bonds within the FactSet workstation, in addition to the wide range of dividend and pricing data, as well as evaluations, for global securities, that Interactive Data already provides to FactSet.
"We are pleased to expand upon our longstanding relationship with FactSet by providing an additional set of critical data for the FactSet platform," said Mark O'Brien, Vice President, Sales, for Interactive Data's Pricing and Reference Data business. "Our award-winning* evaluated pricing is easily integrated into FactSet's applications, giving FactSet's clients ready access to pricing information for global corporate and government bonds."
Interactive Data provides clients with timely, high-quality evaluations to support their mission-critical operations. Thousands of clients worldwide subscribe to Interactive Data's daily evaluated pricing covering a broad range of instruments.
Through its alliance program, Interactive Data has relationships with more than 500 software application vendors, service providers and media portals that have access to a broad range of data, analytics and related services.
"The expansion of our relationship with Interactive Data to include non-U.S. corporate and government bonds helps us globalize our powerful and rapidly expanding fixed income security and credit analysis functionality," said Chris Ellis, Senior Vice President, Director of Analytics for FactSet. "The international bond evaluations complement a wide range of data we obtain from Interactive Data across geographic regions and asset classes."
* Interactive Data was named 'Best Evaluated Prices Service Provider' and 'Best Reference Data Provider' by Inside Market Data and Inside Reference Data in 2011.