Interactive Data, a trusted leader in financial information designed to meet the needs of the front, middle and back offices, today announced that it has been recognized in four categories in the 2015 Inside Reference Data (IRD) and Inside Market Data (IMD) Awards . The Awards were announced at a special Awards Dinner in New York last night. The company was recognized in the Most Innovative Market Data Project, Best Reference Data Provider, Best Counterparty Data and Best Low-Latency Data/Technology Vendor categories.
Interactive Data won three ‘Reader's Choice’ Awards -- Best Reference Data Provider, Best Counterparty Data and Best Low-Latency Data/Technology Vendor -- which are voted on by readers of IMD and IRD and recognize excellence in the provision of market data, reference data and enterprise data management.
In recognition of Interactive Data’s commitment to providing its customers with high-quality continuous evaluated fixed-income pricing, its Continuous Evaluated Pricing service was awarded Most Innovative Market Data Project by a panel of expert industry judges. The service, the first multi-asset class offering in the industry, provides pre-trade transparency and price discovery throughout the day, while providing tools for firms to assess trade performance and best execution across a range of variables and filters.
Interactive Data took home the Best Reference Data Provider Award for the second year in a row and its first Best Counterparty Data Award, for its work with clients to help automate critical processes that help to reduce costs and licensed data complexity. Interactive Data’s APEX® reference data service combines comprehensive content with a rich data model, a business application layer and a range of cost-effective, flexible delivery options.
Interactive Data's 7ticks, a provider of trading infrastructure and services with a strong focus on performance, support, transparency and affordability, was also awarded the Best Low-Latency Data/Technology Vendor Award. The award recognizes 7ticks’ services relating to direct connectivity to a wide range of global futures and options, equities and FX exchanges and trading venues for multi-asset class and ultra-low latency trading.
"We are honored to have been recognized by our clients and the industry for our service and innovation in high-quality market and reference data," said Stephen Daffron, President and CEO of Interactive Data. "We are pleased that the investments we are making are providing our clients with the critical data and insights they need, delivered in cost-effective, flexible formats,” he added.