Bedford, MA and London: April 21, 2004 -- Interactive Data Corporation (NYSE: IDC), a leading global provider of financial data and analytics to institutional and individual investors, is a top winner, gaining three awards at the annual Inside Market Data industry awards.
Interactive Data Corporation won in the âCompany to Watchâ category for its move into the real-time institutional space and for steps taken to streamline its internal technology. And for the second consecutive year, Interactive Data Corporation received âAcquisition of the Yearâ award for its purchase of HyperFeed Technologiesâ consolidated datafeed business. In 2003, Interactive Data Corporation gained this award for its acquisition of ComStock.
Through the acquisition of the consolidated market data feed client contracts from HyperFeed Technologies, ComStock, which carries real-time content from more than 350 global sources and exchanges covering more than 1.8 million instruments across virtually all asset classes, now provides services to over 250 HyperFeed Technologies clients.
"We are honored to be recognized by Inside Market Data for our Acquisition of HyperFeed Technologies and as the 'Company to Watch,' said Stuart Clark, president and CEO, Interactive Data Corporation.
In addition, Stuart Clark was nominated for leading his company into new markets and was voted in joint first place in the vendor category for the âExecutive of the Yearâ award.
Nominees for the IMD 2004 Awards were made by Inside Market Dataâs editorial staff with consideration of a survey of IMDâs readers. The awards, which were decided by an online ballot of IMDâs readers conducted in March 2004, were presented on April 20 at the IMD 2004 conference awards dinner in New York. As part of the news service of the market data industry, the IMD Awards 2004 are an important indicator of who industry professionals believe are leading the way each year.
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