Market and reference data vendor Interactive Data Corp. (IDC) has completed “an extensive upgrade to its North American fixed-income reference data content,” say company officials. The content is available on IDC’s Apex platform.
“Interactive Data has invested in and enhanced our reference data platform to empower firms to reduce their total cost of ownership and simplify their consumption of data across the enterprise,” says Hubert Holmes, managing director of reference data at IDC in a prepared statement. Apex offers content coverage, a data model, a business application layer and a suite of delivery capabilities.
The Apex platform is intended to improve operations, minimize risk exposure, address regulatory requirements and empower multiple client use cases through a data model and hierarchy, officials say.
The multiple data access options include managed data services with data hosted by IDC; a web services application programming interface (API) for on-demand access to data on a per security basis; and file delivery options that include an intraday message queue access for near time, event-driven analysis.
“The industry continues to wrestle with the harmonization and integration of reference data into their organizations,” said Michael Atkin, managing director for the EDM Council, in a prepared statement. “Interactive Data’s efforts to standardize, align and link data within their Apex platform will go a long way toward helping their clients meet both their regulatory reporting requirements and enhance the efficiency of their operational processes.”
Pricing, evaluations and reference data are provided in the U.S. through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd., officials say.
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