BOSTON, Oct. 27, 2009 (PR Newswire Europe) --
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Eagle Investment Systems LLC, a leading provider of financial services
technology and wholly owned subsidiary of BNY Mellon Asset Servicing,
together with Interactive Data Corporation's Pricing and Reference Data
business, today announced the availability of a packaged set of data
interfaces. This agreement makes Interactive Data's reference data available
via Eagle's data management solution. It also helps investment managers to
streamline the data integration process and consolidate, validate and enrich
financial data to support key decision makers in making investment decisions.
Leveraging a longstanding relationship, Eagle worked closely with
Interactive Data to identify customer demands for a broad range of pricing
and reference data, including global pricing, full domestic descriptive data,
non-domestic listed markets descriptive data, and factors for North American
structured securities. The packaged interfaces streamline the process for
retrieving Interactive Data's information and loading it into Eagle's
platform. Clients can considerably reduce the time spent bringing Interactive
Data feeds into Eagle, which results in cost savings and allows firms to
focus on other business needs.
"Interactive Data delivers a broad range of market data through a variety
of automated services, and our data sets and delivery mechanisms align well
with the needs of Eagle's customers," said Jean Aiken, vice president,
Business Development Group for Interactive Data. "Our collaborative efforts
with Eagle illustrate our ability to work with leading financial services
technology providers to deliver our data to a wider range of clients."
"The industry demands more streamlined and packaged deployments,
including pre-defined interfaces to leading market data providers," said John
Lehner, president of Eagle. "Eagle is committed to delivering packaged
offerings that automate processes, control costs and help shorten
implementation times, and working with Interactive Data and accessing their
depth of content is just another example of our dedication to meeting market
needs."
Interactive Data Corporation (NYSE: IDC) is a leading global provider of
financial market data, analytics and related solutions 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, headquartered in Bedford, Mass., has approximately 2,400
employees in offices located throughout North America, Europe, Asia and
Australia.