Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related solutions, today announced that it has received two industry awards for âBest Data Feed Providerâ and âBest Corporate Actions and Reference Data Providerâ at the Systems in the City Awards 2010, held in London on 6 May. This is the second year in a row that the Company has received these awards.
Interactive Data won in the category of âBest Data Feed Providerâ for PlusFeedSM, its low-latency, consolidated datafeed. PlusFeed delivers data on over six million securities from more than 450 sources around the world, including multi-asset class instrument coverage and extensive Level 2 data. It is used by financial institutions worldwide to power algorithmic and electronic trading applications, as well as many other time-sensitive applications.
In addition, Interactive Data was named 'Best Corporate Actions and Reference Data Providerâ, recognising its wealth of experience in gathering, updating, validating and delivering in-depth global reference and corporate actions data to financial institutions around the world.
"We are delighted that the 2010 Systems in the City Awards have once again recognised our low-latency datafeed, as well as our corporate actions and reference data, as leaders in their respective fields,â said Brendan Beith, European sales director at Interactive Data. âThese awards are a wonderful validation of our efforts to work closely with customers to help them address their needs for financial data and services across their businesses.â
The Systems in the City Awards are organised annually by Goodacre UK, a leading provider of specialist support services for the securities and financial markets. The awards aim to highlight the excellence of system suppliers within the financial services industry in the UK. Nominations and votes cast for the awards were made by participants in the stockbroking, fund management and investment banking sector. The winners of each award were announced at an awards ceremony held on 6 May in London.