Interactive Data Corp. (IDC) saw annual revenues grow 9.5% to $484.6 million for 2004, with net income rising 11.2% to $80.3 million. For the fourth quarter, revenue grew 4% to $125.2 million, while net income grew 15.7% to $21.1 million. Growth was attributed in part to “continued strength … in FT Interactive Data’s North American business, as well as improvement at FT Interactive Data’s European operations.” This division generated fourth-quarter revenues of $87.8 million, representing 70% of total revenues. Renewal rates for its institutional business – comprised of FT Interactive Data, Comstock and CMS Bondedge – remained at 95% globally. New sales were driven by demand for new services such as evaluated pricing.
A-Team Insight Blogs
IDC’s Revenues Grow, Supported by New Evaluated, Descriptive Services
Data standards and global identifiers are the international language of capital markets – but how widely have they been adopted, how useful are they in practice, and can they stand the test of sustaining stable markets? This webinar will review data standards and global identifiers available in capital markets, discuss their adoption, and consider best...
By Daniel Carpenter, Head of Regulation at Meritsoft, a Cognizant company. With the first round of the dividends season upon us, it is not only the front office that is preoccupied right now. Dividends are one of many forms of claims that also require attention in the back office. The typically busy period in April,...
Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.
The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...