Interactive Data Corporation a provider of financial market data, analytics and related services, announced that its Managed solutions business and online bank Cortal Consors will extend their longstanding, successful relationship. Under the arrangement, Interactive Data Managed Solutions provides the online bank with critical information, tools and support for its financial information portal.
Interactive Data Managed Solutions will continue to supply financial market data and a variety of analysis tools to support Cortal Consors’ financial information portal for Germany, France, Belgium and Luxembourg. The financial information is distributed via Interactive Data Managed Solutions’ Market Data Gateway, utilising the Java and Net-based application programming interfaces (APIs). The agreement also includes a service package, maintenance and support.
Cortal Consors’ customers and interested investors can obtain comprehensive financial market information and use various analysis tools to assist them in their investment decisions. They can access information and applications related to bonds, certificates, currencies, interest rates, funds, indices, initial public offerings, stocks, warrants, options and futures. Direct fund comparisons and numerous consensus estimates are also available. In addition, the web site can allow clients to download the online bank’s ActiveTrader and FutureTrader trading software packages.
“Interactive Data Managed Solutions’ vast experience and position as a leading market data supplier prompted us to extend our relationship. Many of our customers make their own investment decisions and thus rely on the high-quality market data on our website,” says Jochen Wrand, Market Data manager, Cortal Consors.
“Cortal Consors and Interactive Data Managed Solutions have been working together for ten years,” says Carsten Dirks, chief sales officer, Interactive Data Managed Solutions AG.
“The extension of the agreement is another positive sign that we are continuing to help Cortal Consors provide exceptional service to its customers and attract new clients,” says Wrand.
Interactive Data Corporation is a global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company’s businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for millions of securities traded around the world, including hard-to-value instruments.
Many of the world’s best-known financial service and software companies subscribe to the Company’s services in support of their trading, analysis, portfolio management and valuation activities.
Interactive Data Managed Solutions is a leading provider and operator of customised financial information systems. The group builds and manages Web-based financial market data portals and terminals for a range of organisations worldwide, from retail and investment banks to asset managers, online brokers, stock exchanges and media portals.
By aggregating a broad set of financial data and client proprietary content and offering visually stunning features such as charts, sophisticated search functions, decision support tools and analytics, these intuitive applications can help customers optimise their business processes and realise efficiencies. Interactive Data Managed Solutions is managed as part of the Interactive Data Real-Time Services business, which provides a comprehensive suite of offerings that includes PlusFeedSM, a consolidated, low latency datafeed.
Cortal Consors a company of BNP Paribas, is a European brokers in personal investing and online trading and offers a complete range of products and investment services through various distribution channels to more than one million customers. Cortal Consors is present in five European countries: Germany, France, Spain, Belgium and Luxemburg. Within AMS (Asset Management & Services) division, Cortal Consors, B*capital, its brokerage firm, and Geojit BNP Paribas, a leading broker in the Indian market, are part of BNP Paribas Personal Investors business line.