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Bedford, MA Office

32 Crosby Drive
Bedford
MA
US

London, UK Office

Fitzroy House, 13-17 Epworth Street
London
GB

Australia, Melbourne Office

1155 Malvern Road
Malvern
Melbourne
AU

France, Paris Office

9 rue de Téhéran
Paris
FR

Ireland, Dublin Office

6 Georges Dock, 4th floor IFSC
Dublin
IE

Luxembourg, Lux Office

5th floor 28 boulevard Royal
Luxembourg
LU

Switzerland, Geneva Office

25, rue Kléberg
Geneva
CH

New York, NY Office

100 William Street, 17th Floor
New York
NY
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White Plains, NY Office

100 Hillside Avenue
White Plains
NY
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Santa Monica, CA Office

2901 28th Street, Suite 300
Santa Monica
CA
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Hayward, CA Office

3955 Point Eden Way
Hayward
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Singapore Office

1 Raffles Place #21-02 One Raffles Place
Singapore
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Hong Kong, Central Office

2001-2005, 20/F The Center 99 Queen's Road Central
Hong Kong
HK

Channel Islands, Jersey Office

8 Hill Street St Helier
Jersey
GB

Germany, Frankfurt Office

Sandweg 94
Frankfurt am Main
DE

Spain, Madrid Office

Francisco Silvela 42 1a planta
Madrid
ES

Switzerland, Zurich Office

Loewenstrasse 2
Zurich
CH

Australia, Sydney Office

Suite 405/368 Sussex Street
Sydney
AU

Japan, Tokyo Office

Kyobashi No. 8 Nagaoka Bldg. 1F 2-20-9 Hatchobori Chuo-ku
Tokyo
JP

Location Office

International House 1 St. Katharine's Way
London
GB

Italy, Rome Office

Via Cristoforo Colombo, 149
Rome
IT

Chicago, IL Office

600 West Fulton, 7th Floor
Chicago
IL
US

New York, NY Office

100 Church Street, 11th Floor
New York
NY
US

UAE, Dubai Office

805, City Tower 2 Sh. Zayed Road
Dubai
AE

Lombard, IL Office

955 Parkview Boulevard
Lombard
IL
US

Australia, Melbourne Office

Level 36/2 Freshwater Place Southbank Boulevard Southbank
Melbourne
AU

Telephone

02072653703

Contact

tony cossey a cossey
[email protected]
Back to all Intercontinental Exchange announcements

Interactive Data Launches Apex℠

"Transforms reference data from cost to competitive edge"

Will Provide Clients with Unprecedented Flexibility to Efficiently Manage Volatile and Costly Aspects of Data Operations

Interactive Data Corporation, a leading provider of global pricing, reference and corporate actions data, today announced the launch of ApexSM, an innovative suite of reference data services. Apex provides financial institutions with the ability to access and employ data for over 10 million current and historical instruments across an extensive range of asset classes. Apex data rich applications will include intraday file delivery, event based messaging, web-services application program interfaces, and a fully managed database service.

Growing market, regulatory and cost pressures make new strategies that offer flexibility and long-term cost efficiencies vital to data management operations. Built upon a multi-million dollar infrastructure investment that supports a rich data model, an innovative business application layer and a suite of market-leading interfaces, Interactive Data has created a unique approach to employing descriptive, corporate actions and pricing data. The Apex suite of reference data services will deliver industry leading data quality and consistency. Leveraging standard technologies such as XML, Apex has been specifically designed to make data integration significantly easier, while increasing efficiency and reducing operational costs.

“Global financial institutions that invest in a wide range of asset classes and security types dedicate significant technology, staffing and capital resources toward acquiring and managing data, and expanding their infrastructure when data volumes increase,” said Robin Simpson, managing director, Reference Data for Interactive Data. “Apex addresses these pain points and can revolutionize the way our clients access data, manage their existing IT infrastructure, and scale to meet increased data volumes when expanding to new geographies or asset classes. Apex helps to automate the data management process -- transforming reference data from a cost to a competitive edge instead.”

In addition to its current data delivery service options, including messaged based delivery; Interactive Data anticipates launching a fully hosted application interface and the option of a fully-managed database in early 2013. The managed database service will leverage Interactive Data’s infrastructure and hosting service expertise to help clients accelerate their workflows. This outsourced data infrastructure and support model will provide clients with unprecedented flexibility to outsource volatile, unpredictable or costly elements of their data operations.

"The future of data management will focus on our ability to link disparate data sources to get a variety of views that support complex analysis. Interactive Data’s new Apex product is a good illustration of how to embrace standards to support the new demands of regulatory oversight and operational efficiency," said Michael Atkin, Managing Director of the Enterprise Data Management Council. "I congratulate them for embracing this approach and for understanding the value of easy integration of their data assets into their customers’ operating environments."

Atkin joined a panel of industry experts at an Apex launch event held on October 24 at the NASDAQ MarketSite in New York. More than 100 professionals from financial institutions and service providers participated in the forum.