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 Completes Acquisition of 79% of NTT Data Financial for US$25.8m

Subscribe to our newsletter

Following the announcement of its intention to buy 79% of NTT Data Financial Corporation (NDF) in November, Interactive Data Corporation has finally announced the initial closing of its acquisition. The vendor paid approximately 2.4 billion yen, or approximately US$25.8 million based on current foreign exchange rates, in cash to acquire 79% of NDF, of which 64% was purchased from NTT Data Corporation and 15% from certain minority shareholders.

The acquisition of the Japanese company is part of the vendor’s efforts to increase its presence in the Asia Pacific region. Based in Tokyo, NDF is a provider of securities pricing, reference data and related services to Japanese banks, asset and funds management companies, insurance companies, custody banks, trust banks and securities firms.

Prior to the acquisition, Interactive Data and NDF were partners in a redistribution relationship in Japan for more than 14 years. The partners provided financial institutions with global end of day securities pricing, evaluations and reference data for clients’ investment operations, including portfolio valuation and accounting.

Interactive Data has now changed the name of NDF to Interactive Data Japan KK and indicates that it plans to retain the personnel and operate the business in a manner consistent with historical practices. At present, NTT Data Corporation retains a 10% interest in NDF with other minority shareholders collectively owning the remaining 11%. However, Interactive Data says that it intends to acquire the remaining equity of NDF over the coming years.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Strategies and solutions for unlocking value from unstructured data

Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social media posts, news articles and sustainability and company reports – that were all but...

BLOG

Implementing and Understanding Modern Data Architectures: Webinar Preview

The evolution of data use by financial institutions has been accompanied by ever-changing challenges to its management. With technologies such as artificial intelligence enabling firms to prise greater value from their data and to subject it to greater utilisation, a new set of data management practices have emerged. These modern data architectures regard data as...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

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...