Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that its Managed Solutions business has doubled its number of customers in North America to 80 in one year and has expanded its product offerings to help meet the evolving needs of financial customers such as global wealth managers, retail and investment banks, asset managers, online brokers, stock exchanges, and commodities brokers.
Interactive Data Managed Solutions has more than 470 customers globally and hosts more than 1,000 Web sites. New customers for this business in North America include: AOL, Firstrade, Standard & Poor’s and Platts (both are divisions of The McGraw-Hill Companies).
Recently introduced offerings from Interactive Data include: Market Data via XML (MDXSM), a service for in-house developers looking to integrate data into their Web site and applications; ETF Center, a suite of products that include profiles, charts, screeners and analytical tools for exchange-traded funds; and a Mobile Offering, a service that delivers stock and index quote information to cell phones, pagers and handheld devices. The Company utilized new technologies such as Silverlight, Flex and Web 2.0 to develop these innovative products for its customers.
Interactive Data Managed Solutions leverages the financial market data sources from across its businesses and from other vendors to build and manage customized Web-based applications. These applications aggregate a tailored set of financial data and customer-proprietary content, and offer visually stunning features such as streaming data feeds, charts, sophisticated search functions and decision-support tools and analytics. Interactive Data Managed Solutions helps its customers optimize business processes and save costs, while creating a unique online experience that attracts, engages and retains online users.
“Interactive Data’s ability to secure new customers, along with our global technology infrastructure, comprehensive data and sophisticated tools, demonstrates our team’s capacity to determine the scope of product needs and design the appropriate solutions,” said Luan Cox, general manager of Interactive Data Managed Solutions (Americas). “We continue to work with an increasing number of North American customers to cost-effectively build powerful online financial applications.”
“Interactive Data’s depth of financial content delivery capabilities, coupled with its sophisticated technology platform, helped provide our Web site with top-level functionality spanning several international locations,” said C.S. Hsia, vice president of business development at Firstrade Securities, Inc., a leading online discount broker based in the U.S. “Interactive Data's ability to design our Web site to deliver a wide range of financial content in three languages underscores its commitment to customizing solutions to help meet complex client needs.”