BondEdge Solutions Latest Addition to NASDAQ Elite Index Data Partner Program
Interactive Data's BondEdge Solutions, a provider of high-quality cross-asset portfolio management and risk analytics solutions, and the NASDAQ OMX Group, Inc. (NASDAQ: NDAQ), today announced that BondEdge clients can now have access to the NASDAQ Global Index Family(SM).
The addition of the NASDAQ Global Index Family to the BondEdge platform combines NASDAQ OMX's Global sector, benchmark, and tradable indexes with the existing suite of BondEdge cross-asset analytical and reporting tools, enabling clients to benchmark and dynamically track a broad representation of the global investable marketplace.
"Interactive Data is pleased to add the NASDAQ Global Index Family to our BondEdge Solutions platform," said Andrew Hausman, President, Pricing, Reference Data and Analytics for Interactive Data. "Our goal is to provide our clients with a single source solution for cross-asset analytics and reporting (index) information that can help them make more informed investment decisions. Providing our customers with access to the NASDAQ Global Index Family, alongside our recent launch of the BondEdge Equity module serves to underscore that goal."
As a member of the NASDAQ "Elite" Data Partner Program, BondEdge will distribute new index value data to its customers, immediately upon distribution from NASDAQ OMX. As part of the index launch, BondEdge will also provide free access to NASDAQ's suite of Global Equity Indexes through August 2014 for its client base to help them evaluate the offering.
The NASDAQ Global Index Family covers international securities segmented by geography, sector, and size. NASDAQ OMX's transparent and rules-based selection method results in a complete representation of the global investable equity marketplace. The indexes cover 45 individual countries within developed and emerging markets, and facilitate a multitude of tracking, trading, and investing opportunities.
"We work closely with the best data providers to offer the market several options for receiving index weightings data," said Oliver Albers, vice president at NASDAQ OMX Global Data Products. "We applaud Interactive Data for providing the high quality data to their customers, enabling them to more effectively gauge market performance and make educated buy and sell decisions."