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
Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings
A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...
Paris-based ICA, a provider of big data analytics, has rebranded as Opensee, marking its evolution from an innovative capital markets data analytics platform to a market challenger. The company’s offer is to make hundreds of terabytes of structured data accessible to business users easily and quickly through self-service data analytics tools. The company was initially...
This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
Valuations and pricing teams are facing a much higher degree of scrutiny from both the regulatory community and the investor community in the glare of the post-crisis data transparency spotlight. Fair value price transparency requirements and the gradual move towards a more harmonised accounting standards environment is set within the context of the whole debate...