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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
US

White Plains, NY Office

100 Hillside Avenue
White Plains
NY
US

Santa Monica, CA Office

2901 28th Street, Suite 300
Santa Monica
CA
US

Hayward, CA Office

3955 Point Eden Way
Hayward
CA
US

Singapore Office

1 Raffles Place #21-02 One Raffles Place
Singapore
SG

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]
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Interactive Data Well-Positioned to Support Customers’ Compliance with SEC’s Final Ruling on Money Market Fund Reform

Interactive Data, a leading provider of independent evaluated pricing and reference data services, today announced that the firm is well-positioned to help its money market fund clients comply with today’s SEC final ruling requiring floating net asset values (“NAVs”) for institutional prime money market funds and permitting the use of redemption gates and liquidity fees.

A floating NAV requirement presents new challenges for the money market fund industry, which has attracted more than $2.9 trillion in total assets under management due in part to the combination of principal stability, liquidity, and short-term yields offered by these funds. This ruling will likely require substantial changes to the operational workflows relied upon by institutional prime money market funds and the service providers that support them in order to achieve full compliance following a two-year transition period. Interactive Data is well positioned to leverage recent and ongoing investment in its technical infrastructure and related systems to provide prime institutional money market funds with high-quality evaluated pricing data at multiple times during the trading day, which would help prime institutional money market funds preserve the benefit of offering same-day settlement.

“Interactive Data has made notable progress in implementing continuous evaluated pricing processes,” said Andrew Hausman, President, Pricing & Reference Data for Interactive Data. “We plan to work collaboratively with our money market fund clients and their custodian and administration service providers to determine how best to address their potential requirements such as multiple NAVs per day.”

Interactive Data currently provides evaluated pricing to the world’s top money managers. The Company has continued to refine and evolve its evaluated pricing processes, models and workflows while also taking important steps to further enhance the quality, breadth and depth of its evaluated pricing services and related offerings. Providing institutional prime money market Press Release

fund clients with the data they need to calculate floating NAVs is another tangible example of Interactive Data’s commitment to helping the money market fund industry thrive while adapting to new rules and evolving industry requirements.