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ANALEC and Interactive Data Form Strategic Alliance on Reference Data Feed Services - ANALEC today announced a strategic alliance with Interactive Data Corporation to incorporate its pricing and reference data feeds across the ANALEC range of software platforms and solutions - Analec.com
ANALEC and Interactive Data Form Strategic Alliance on Reference Data Feed Services

 

PRZOOM - /newswire/ - Singapore, Singapore, 2013/03/28 - ANALEC today announced a strategic alliance with Interactive Data Corporation to incorporate its pricing and reference data feeds across the ANALEC range of software platforms and solutions - Analec.com.

   
 
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Interactive Data Corporation is a global market leader in pricing and reference data and related analytics.

ANALEC will leverage Interactive Data’s reference data feed services, including end of day pricing, reference and corporate actions data to its clients as part of their licensing of ANALEC’s software platforms and product suites.

Indy Sarker, ANALEC’s CEO, stated: “We are continuously striving to deliver greater value and value-add to our customers across our product suites. Our working arrangement with Interactive Data has been structured in a way that mutually benefits both ANALEC and Interactive Data, while delivering greater cost savings to our customer base. We are excited to build this business relationship with Interactive Data going forward.”

ANALEC will stream data from Interactive Data’s servers to ANALEC locations, or where applicable direct to ANALEC customer sites, using ANALEC’s proprietary software platforms. ANALEC will offer Interactive Data’s pricing and reference data as an option to existing ANALEC ResearchWise and ANALEC ClientManager clients, through its deployed and SaaS offering.

“Pricing and reference data continue to increase in volume and complexity, presenting financial institutions with a wide range of enterprise-wide challenges related to trading operations and management of risk,” said Dan Videtto Managing Director, Asia Pacific, Interactive Data. “The availability of Interactive Data’s data through ANALEC’s products provides customers with access to a wide range of high quality data that will support them to make more informed business decisions.”

About ANALEC

ANALEC (analec.com) is a specialized financial technology company focused on the investment banking and investment research industry. It leverages its deep domain knowledge of the investment research and investment banking industry to develop and deploy proprietary enterprise level software-enabled business process solutions, addressing very specific organizational issues and challenges within investment research and client servicing functions. Under its remote delivery model, ANALEC offers its customers the option to remotely manage and deliver a range of services. Established in June 2003, ANALEC brings together over 80 years of leading expertise in investment research, investment banking and software development and deployment. Headquartered out of Singapore, ANALEC has a delivery center in India and business development offices in Singapore and the United States.

About Interactive Data Corporation

Interactive Data Corporation is a trusted leader in financial information. Thousands of financial institutions and active traders, as well as hundreds of software and service providers, subscribe to our fixed income evaluations, reference data, real-time market data, trading infrastructure services, fixed income analytics, desktop solutions and web-based solutions. Interactive Data's offerings support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2,500 employees in offices worldwide.

Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.

 
 
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Agency / Source: Analec Infotech (P) Ltd

 
 

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ANALEC and Interactive Data Form Strategic Alliance on Reference Data Feed Services

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Contact: Terrence Mulry - Analec.com 
+1 201-891-1853 tmulry[.]att.net
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Analec Infotech (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

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