Interactive Data And Dow Jones Selected By Raymond James For Real-Time Market Data

Interactive Data Corporation, a provider of financial information, analytics and related applications, announced that Raymond James Financial has deployed Interactive Data's real time browser based market data terminals for use by 4,000 financial advisors in their Private Client Group. Interactive

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Interactive Data Corporation, a provider of financial information, analytics and related applications, announced that Raymond James Financial has deployed Interactive Data’s real-time browser-based market data terminals for use by 4,000 financial advisors in their Private Client Group.

Interactive Data’s Market-Q provides Raymond James’ financial advisors access to a broad set of high-quality financial information, including global real-time market data, Dow Jones’ real-time news and analysis, along with commentary on companies, markets and events, as well as research from a range of sources. It also offers sophisticated tools, such as advanced charting and other capabilities. Market-Q can be accessed from web browsers, providing users the flexibility to utilize its capabilities regardless of their location.

Raymond James chose to implement Market-Q as a fully hosted application, thereby eliminating the need for additional on-site technology infrastructure costs associated with servers, circuits and routers, while offering complete Internet accessibility at reduced bandwidth costs. Market-Q offers flexible conflation settings, providing Raymond James an appropriate level of data while realizing significant improvements in bandwidth utilization and network traffic.

Market-Q’s modular technology design and flexible deployment options enabled Raymond James to quickly introduce this offering to their clients. After working closely with Interactive Data’s customer support team, Raymond James has fully deployed Market-Q in its Private Client Group.

“I believe Interactive Data’s innovative offerings provide us with the quality and breadth of content, including access to Dow Jones news, and sophisticated tools our financial advisors can utilize to provide their clients with highly personalized, unbiased financial advice,” says Chet Helck, chief operating officer, Raymond James Financial. “We view Interactive Data as a trusted partner, willing to work with us to understand our requirements, and then provide us with solutions that address our needs and help us achieve our business goals.”

“The combination of Interactive Data’s innovative technology and market data with Dow Jones’ real-time news and commentary provides a powerful tool for Raymond James’ financial advisors,” says Clare Hart, president of Dow Jones Enterprise Media Group. “The Dow Jones/Interactive Data collaboration is delivering news, information and research that can be easily customized to meet advisors’ needs and interests and help them provide informed advice to their clients.”

Market-Q is Interactive Data’s flexible Java browser-based real-time market data desktop terminal for financial institutions. This comprehensive service integrates global real-time data, news, research, key U.S. corporate actions and dividend data, as well as sophisticated tools for advanced charting and alert services. In addition, Market-Q components can be customized to display market data on a hosted web site.

D.C.

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