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Interactive Data Launches New Web-Based Portal for Its Business Entity Service

Broad Universe of Parent-Issuer Level Content with
Instrument/Security Master and Entity Reference Data Can Help Analyse
and Manage Risk

Category:

Tuesday, March 22, 2011 5:30 am EDT

Dateline:

LONDON
"The Business Entity Service portal enables clients to interrogate our data as required, helping to provide them with a better understanding of their global exposure."

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced the launch of a new portal for its award-winning* Business Entity ServiceSM. The flexible web-based portal can help clients of Interactive Data’s Business Entity Service delivered via its FTSSM securities administration tool to analyse and manage the risk from their global exposure by issuing entities, corporate hierarchy, asset class, industry and region.

The new portal is designed to help clients obtain a more complete picture of the corporate hierarchy of an entity and its underlying securities issuance in order to better understand its capital structure and enable end users to track risk exposures across mission-critical pre- and post-trade business functions. The portal can also help identify the potential risks that could be triggered by ‘stress’ events affecting related entities from within the family tree of the subject entity.

Access to comprehensive combined instrument-to-entity reference data and the relationships between entities is designed to provide clients with a panoramic view of exposure by instrument and by issuing entity, and an interactive view of issuer hierarchies linked to their underlying issuance. Comprehensive search criteria enable end users to logically navigate the relationships between issuer hierarchies, both from the ultimate parent entity down and from the individual instrument identifier up.

"Greater transparency of inter-relationships between financial instruments, issuers and market data provides risk managers with additional tools to monitor their investment strategy, and can help firms analyse and monitor that risk is commensurate with the business services they provide," said Bob Cumberbatch, European business lines director, Reference Data, Interactive Data. "The Business Entity Service portal enables clients to interrogate our data as required, helping to provide them with a better understanding of their global exposure."

The portal enables navigation of issuer hierarchies by instrument identifier, such as SEDOL®, ISIN® and CUSIP®, entity full legal name, entity identifier, and interactive representations of issuing hierarchies and their underlying issuance.

The new portal extends Interactive Data’s existing view services and further enhances its global Business Entity Service. The Business Entity Service is designed to help clients meet their requirements for managing credit, market and operational risk, financial instruments’ collateral, as well as compliance under a variety of global risk management and liquidity risk regulations.

*Interactive Data was awarded “Best Reference Data Initiative” for its Business Entity Service at the Inside Market Data & Inside Reference Data Awards 2010.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data’s offerings can help clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data is headquartered in Bedford, Massachusetts and has more than 2,400 employees in offices worldwide.

Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data, Inc. and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

For more information about Interactive Data please visit: www.interactivedata.com

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Contact:

Interactive Data Corporation
Brian Willinsky, +1 781-687-8291
(US media)
brian.willinsky@interactivedata.com
or
Sue Mitchell, +44 (0)20 7825 8076
(European and Asia Pacific media)
sue.mitchell@interactivedata.com