Science & Technology
Science and Technology
Science and Technology
Tue, February 24, 2009 Interactive Data Broadens Access to Robust BondEdge Fixed Income Analytics
SANTA MONICA, Calif.--([ BUSINESS WIRE ])--Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related services, today announced that its Fixed Income Analytics business has released a new application programming interface (API) for its market-leading BondEdge® service. This API is designed to provide clients with seamless access to BondEdge fixed income security analytics, bond swap, and "what-if" capabilities from directly within Microsoft® Excel® and other third party applications, which can help support their portfolio analysis and risk management activities across their enterprise.
BondEdge clients can now write their own software applications to communicate with the BondEdge risk calculations library via the BondEdge API, enabling them to access and utilize BondEdge analytical security measures and to populate internal databases with this information. For example, clients can write add-ins to integrate BondEdge analytics into Microsoft Office products such as Excel®. The BondEdge API for Excel includes an add-in program with pre-formatted sample report templates.
These new capabilities provide clients with links into BondEdge that can help them perform detailed trade analysis via a bond-swap and portfolio "what-if" tool. "Buy and sell" bond trade programs can be assessed on both a market and book value basis, and the effects on existing client portfolios can be directly measured. With the new API, Interactive Data will provide comprehensive technical and user documentation. These new capabilities are bundled with BondEdge Next Generation Release 2.1, which is currently available.
"The addition of this API to BondEdge will broaden access to the robust fixed income analytical measures and trade analysis that have benefited our clients for decades," said Keith Webster, managing director, Interactive Data Fixed Income Analytics. "This new capability demonstrates our commitment to providing BondEdge clients with increasingly automated, efficient and flexible methods of utilizing BondEdge to support their activities, including risk management and more comprehensive portfolio analysis."
Additional information about the new capabilities is available at the Interactive Data Fixed Income Analytics Web site ([ www.interactivedata-fia.com ]), or by contacting Tony Armedilla, senior sales coordinator, at (310) 479-9715 or [ fia.info@interactivedata.com ].
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading 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. Through its businesses, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,400 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is Interactive Data Corporation's majority stockholder.
Interactive Data Fixed Income Analytics is a leading provider of fixed income portfolio analytics to the investment community with nearly thirty years' expertise. Its client base includes more than 400 leading banks, investment managers, brokerage firms, insurance companies and pension funds throughout North America and Europe. Interactive Data Fixed Income Analytics is long since known for its flagship product, BondEdge®, which allows customers to identify opportunities and analyze portfolio risk using robust modeling techniques. Interactive Data Fixed Income Analytics also provides direct access to sophisticated risk measures for a wide universe of fixed income securities via its analytical datafeed service.
For more about Interactive Data and its businesses, please visit [ www.interactivedata.com ].
Interactive Data SM, the Interactive Data logo, and BondEdge®, are service marks of Interactive Data Corporation.
