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Paul Kennedy Appointed Reference Data Business Manager, Interactive Data (Europe)

Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced the appointment of Paul Kennedy as reference data business manager, Interactive Data (Europe).

Kennedy will be responsible for Interactive Data’s European reference data offerings, maximising opportunities in the market by working closely with customers and prospects, building relationships with industry trade bodies, working groups and software vendors. He will also work with Interactive Data’s reference data team in North America to oversee the utilisation and integration of the Company’s data sets, data models, workflows and technology capabilities to support its reference data strategy. Kennedy reports to Bob Cumberbatch, business lines director, Interactive Data (Europe) and is based in the Company's London office. He replaces Nat Sey, who was recently appointed general manager of Interactive Data’s Managed Solutions business in the UK.

Kennedy joins Interactive Data from his former role of vice president, Product Management, at GoldenSource, where he was responsible for its Enterprise Data Management (EDM) product suite. Prior to joining GoldenSource, Kennedy worked at Reuters for eight years in several technology and content development roles. As head of Content and News, Product Management, Kennedy spearheaded various product development projects including data presentation for Reuters’ information products. Kennedy began his career as a journalist, working for 10 years with several news agencies including Reuters and Knight-Ridder Financial.

"We are very pleased to welcome Paul to the Interactive Data team,” said Bob Cumberbatch. “Paul brings extensive product management experience and strong development background to his new role and we believe that he will leverage his expertise to further raise the profile of our reference data capabilities. Interactive Data is a leader in the reference data market and we aim to ensure that our offerings remain abreast of evolving market and regulatory needs."

The need for high-quality reference data has become increasingly important across the enterprise as institutions seek to have a more complete understanding of the financial instruments streaming through their applications and databases in order to manage risk more effectively.