Interactive Data Corp. – the parent of FT Interactive Data – saw third quarter revenues grow 10.4% over the same period last year to $122.9 million, with net income of $21.8 million, compared with $18 million in the third quarter of last year. Organic growth – excluding acquisitions such as FutureSource and the effects of foreign exchange – was 4.8%. Specifically, the FT Interactive Data division generated over 65% of IDC’s revenues, contributing $82.3 million, an increase of 8.8% over the same period last year. Growth was strong in North America at 10.5% due to both new sales and the expansion of business within current key accounts, while European revenues increased by 4.1% and Asia/Pacific revenues were flat. Clients for its Fair Value Information Service grew from 67 in the second quarter of 2004 to 89.
A-Team Insight Blogs
This webinar has passed, but you can view the recording by registering here. Open source symbology initiatives that offer free access to unique identifiers designed to help financial institutions manage information from financial instruments to events and people are emerging in capital markets. Their aim is to overcome the complexity of managing multiple vendor and...
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