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
Digital transformation is a requirement to succeed in today’s information economy. As business leaders begin to acknowledge this necessity, they seek to navigate a successful path to digitisation, but they must start with a foundation of data understanding, maturity and trust – a crucial prerequisite for the digital transformation adventure. This webinar will consider the...
Financial software firm NeoXam, which specialists in transaction software solutions, has integrated ICE Data Services’ pricing and reference data into its Enterprise Data Management (EDM solution). The new partnership will give NeoXam customers access to pricing, fixed income evaluated prices, reference data and corporate actions from ICE Data Services. The data will be available through...
Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
The time for talking is over. The time for action is now. A bit melodramatic, perhaps, but given last month’s official launch of the global legal entity identifier (LEI) standard, practitioners are rolling up their sleeves and getting on with figuring out how to incorporate the new identifier into their customer and entity data infrastructures....