The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

FT Interactive Redesigns FTS; Considers New Content for 2005

Share article

FT Interactive Data has redesigned its core European product FTS to provide easier and faster access to its data and is aiming to move clients to the ‘new look’ version by the end of Q1 2005.

The redesign of the online portfolio administration tool offers faster data access by reducing the number of requests for data related to a security that clients have to make. Says Tim Fox, product marketing manager for FTS, “Clients now can put in a single request to receive the full complement of data related to that security. This improves on the previous version where they had to put in individual requests for each data type, like corporate actions or pricing, before seeing the full picture.”

Users can define their watchlists and the attributes they wish to see on the screen, and when data is requested, users can view a summary screen, and additional screens defined by data type are opened in a new window that can be expanded or reduced depending on requirement.

The presentation of the product has also been upgraded. Fox says, “The navigation has been simplified. We’ve increased the screen footprint by repositioning the fixed menu that was on the left-hand side to a drop-down menu across the top so viewers can see more on a single screen. And as part of our rebranding, we have introduced the new Interactive Data logo and the corporate blue.”

FT Interactive Data is taking a soft approach to clients migrating, a conversion process that takes ‘minutes’, says Fox. “The response from clients so far has been positive and we anticipate that within three to four months clients will have moved over to the new version.”

Following the upgrading of the data access and presentation of data in FTS, FT Interactive Data is considering content additions for 2005. The first, and perhaps most obvious, addition will be data from ComStock. FT Interactive Data’s parent company Interactive Data Corp. acquired ComStock in early 2003 from Standard & Poor’s as part of its drive to extend into real-time and near real-time data provision. Such an addition to FTS would be a good step towards this goal.

Content that is likely to be added includes derivatives data from exchanges like Euronext liffe and Chicago Board of Trade (CBOT). It is also considering adding terms and conditions data from North America.

Fox says, “We are going to be more proactive regarding the addition of new content sources. We work based on client feedback and industry initiatives to prioritize content additions in our weekly review, results of which go into our Enhancement Requests (ER) system for development.”

This would be added to FTS’s existing intraday and end-of-day pricing – across equities, debt, funds, indices, foreign exchange, derivates, commodities and futures – as well as fixed income evaluations and corporate actions data. As well as the web-based interface, this data can be downloaded into a clients’ in-house or third-party software.

Behind the scenes, Interactive Data has been working on a three-year programme to consolidate its previous seven ticker plants into core centres including Boxborough, MA, Hayward, CA and London, with regional data collection and backup worldwide. This migration is part of an effort by Interactive Data to streamline its backend infrastructure to support its increasingly integrated product line.

Related content

WEBINAR

Recorded Webinar: How to run effective client onboarding and KYC processes

Increasing cost, complexity and regulatory change continue to challenge firms implementing client onboarding and Know Your Customer (KYC) systems. With an effective strategy and a clearly defined pathway, it’s possible to gain a valuable competitive advantage whilst meeting those all-important compliance requirements. But how to get there? With a myriad of different options out there...

BLOG

SmartSearch Adds Facial Recognition Feature in Response to COVID-19

Yorkshire-based AML specialist SmartSearch has introduced a new facial recognition feature to its one stop shop’ Know Your Customer (KYC) and AML platform, in response to restrictions on ID verification due to COVID-19. The automatic verification platform enables clients to perform full electronic ID verification and screening remotely, reducing the impact on firms from current...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual which took place in June 2020 was a huge success with over 1,100 delegates registered. We are currently working on our plans for 2021 and we hope to be back with an in-person event. Whatever the future holds you can guarantee our 2021 event will be back with an exceptional guest speaker line up of Regtech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment. Can't wait until 2021? make sure you sign up to our RegTech Summit Virtual, November 2020. More info...

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...