Interactive Data Corporation
|Mason Slaine, Chairman|
Stephen Daffron, President and CEO
Jay Nadler, COO
Number of employees
|Approximately 2,500 worldwide|
Interactive Data Corporation was an American company that provided 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 was acquired by and folded into Intercontinental Exchange in December 2015.
Interactive Data provided 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, the eSignal suite of products, and environmental, social and corporate governance (ESG) data including quantitative ESG risk indicators for individual companies and sectors (current figures as well as historical data for the past two years) provided by RepRisk, a global business intelligence provider specialized in ESG risk analytics and metrics.
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.
The company announced on 29 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.<
In October 2015, Intercontinental Exchange announced the acquisition of Interactive Data Corporation from private equity firms Warburg Pincus and Silver Lake Partners for $5.2 billion, including $3.65 billion in cash and $1.55 billion in ICE common stock. The transaction closed on December 14, 2015.
- "Pearson confirms could sell $1.5 bln stake in IDC". Reuters. 15 January 2010.
- "Acquisition of Interactive Data Corporation Completed" (Press release). Interactive Data Corporation. 29 July 2010.
- "ICE to buy market data firm Interactive Data in $5.2 billion deal". Reuters. 26 October 2015.
- "INTERCONTINENTAL EXCHANGE COMPLETES ACQUISITION OF INTERACTIVE DATA CORPORATION" (Press release). Intercontinental Exchange. 14 December 2015.