Interactive Data Corporation (IDC), a leading provider of financial market data, analytics and related services, announced that its Pricing and Reference Data business has received the ‘Best Corporate Actions Data Provider’ award at the Inside Market Data/Inside Reference Data Awards 2008.
Interactive Data won in the category of ‘Best Corporate Actions Data Provider’, sponsored by Inside Reference Data, for its high-quality corporate actions data. Interactive Data has a wealth of experience in gathering, updating, validating and delivering corporate actions data to financial institutions covering multiple markets and instrument types. The exceptional depth of data is available end of day in ISO 15022 format and includes rights issues, bonus issues, mergers and acquisitions, redemptions, and class actions. Interactive Data also offers an intra-day corporate actions service.
“We are honored to be recognized by Inside Reference Data for this award,” says Mark Hepsworth, president, Interactive Data Institutional Business. “Interactive Data is a trusted industry leader with a comprehensive set of financial information, sophisticated analytics and value-added services to help meet a very broad range of customer needs. We recognize the market requirement for full coding and timeliness in our corporate actions data and aim to ensure that our customers receive the full benefit of our expertise, acquired through years of involvement in an ever-changing business environment. We look forward to continuing to help our customers address their needs for financial data and services across their businesses.”
In addition to the award, Interactive Data was a finalist in seven other categories including ‘Best Data Provider’, ‘Best Data Provider for Equities’, ‘Best Data Provider for Foreign Exchange’, ‘Best New Data Product – DirectPlusSM, ‘Best Reference Data Provider’, ‘Best Evaluated Prices Service Provider’ and ‘Best Counterparty Data Provider’.
Nominations for the awards – which aim to recognize industry excellence within market data, reference data and enterprise data management – were made by an Inside Market Data/Inside Reference Data editorial committee. The newsletter’s readership voted for the winners in an online ballot and the results were announced on April 29 in New York, on the evening of Inside Market Data and Inside Reference Data’s North American Financial Information Summit.