About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Interactive Data Sets Out on Route to Deliver Real-Time Evaluated Pricing Services

Subscribe to our newsletter

Interactive Data is building out real-time delivery of its evaluated pricing services starting with plans to expand its real-time fixed income pricing services to include real-time evaluations. The expanded service is due to roll out in the final quarter of 2013 and will be followed by additional evaluation services with availability boosted from end of day to intra-day and real time.

As well as delivering real-time evaluated pricing as a data feed, Interactive Data will make it available from the company’s Apex platform, which was introduced in October 2012 to provide reference data in XML format via a selection of service delivery and access mechanisms. The company will also add real-time evaluated pricing to the Vantage fixed income transparency application it upgraded in April 2012.

Commenting on the addition of real-time evaluations and the development of Apex, Mark Hepsworth, president of pricing and reference data at Interactive Data, says: “The expansion of our evaluated pricing capabilities to real time continues the evolution of our products from end of day to intra-day and real-time delivery that supports pre-trade as well as post-trade activity.”

The company expects the real-time evaluated pricing service for fixed income, and indeed similar services for other asset classes, to move use cases beyond end-of-day functions such as calculating net asset value to include pre-trade transparency and investment analysis, better proof of best execution and improved risk management. On this basis, it also hopes to extend its reach beyond asset servicing and the buy side and further into the sell side.

Anthony Belcher, director of EMEA pricing and reference data at Interactive Data, says: “Real-time evaluated fixed income pricing is a signal of our intent. We are investing significantly to make evaluations available in real time throughout the day. We are announcing the first real-time service now so that clients can think about how they want to use it in what they are doing and to meet regulations.”

Looking forward, Belcher suggests real-time delivery of the company’s fair value equity service is a possibility, as well as intra-day evaluations in derivatives markets with enough liquidity to make sense of such services. He notes that existing clients will not have to make changes to consume real-time and more timely evaluation services, and from Interactive Data’s perspective concludes: “This is a step change in what we will deliver to clients.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: An Agile Approach to Investment Management Platforms for Private Markets and the Total Portfolio View

11 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Data and operations professionals at private market institutions face significant data and analytical challenges managing private assets data. With investors clamouring for advice and analysis of private markets in their search for returns, investment managers are looking at ways to gain...

BLOG

Data Usage Rights Patent is Music to the Ears of VendEx Boss

Richard Clements has a talent for explaining highly technical concepts in ways that make them sound as easy as listening to your favourite song. Which is apt, considering that the chief executive of VendEx, a vendor and data cataloguing technology provider, explains his company’s latest innovation with a guitar perched on a stand beside him....

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...