Interactive Data Corporation

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Not to be confused with International Data Corporation.
Interactive Data Corporation
Type Private
Industry Financial services
Founded 1968
Headquarters Bedford, Massachusetts, USA
Key people Mason Slaine, Chairman
Stephen Daffron, President and CEO
Jay Nadler, COO
Revenue Increase $867.7 million (2011)[1]
Owner(s) Warburg Pincus and Silver Lake Partners
Employees Approximately 2,500 worldwide
Website www.interactivedata.com

Interactive Data Corporation provides financial market data (financial data vendor), analytics and related solutions to financial institutions, active traders and individual investors. The company’s businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for securities trading, including hard-to-value instruments.

The company announced on the 29th of July 2010 the completion of its acquisition by two private equity funds, Warburg Pincus and Silver Lake Partners, for $33.86 per share or $3.4 billion in an all-cash transaction.[2] Previously, the UK's Pearson PLC owned 61% of the company.[3]

History[edit]

Founded in 1968, Interactive Data is a supplier of financial market data and related offerings. Acquisitions have contributed to Interactive Data’s growth, enabling the company to deliver an increasing range of services, while expanding into adjacent markets and extending its reach geographically.

Products[edit]

Interactive Data provides evaluation services, reference data, pricing services, derivatives services, Fair Value Information Services, low latency market data, trading infrastructure services, fixed income analytics, Web-based solutions, desktop solutions, and the eSignal suite of products.

References[edit]