Interactive Data Corporation
Encyclopedia
Interactive Data Corporation provides financial market data (financial data vendor
Financial data vendor
A financial data vendor provides data to financial firms, traders, and investors. The data distributed is collected from sources such as a stock exchange feeds, brokers and dealer desks or regulatory filings .- Background :...

), 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 securities trading, including hard-to-value instruments.

The company announced on the 29th of July 2010 the completion of its acquisition by two private equity funds, Warburg Pincus
Warburg Pincus
Warburg Pincus, LLC is an American private equity firm with offices in the United States, Europe, Brazil and Asia. It has been a private equity investor since 1966...

 and Silver Lake Partners
Silver Lake Partners
Silver Lake is a US-based private equity firm focused on leveraged buyout and growth capital investments in technology, technology-enabled and related industries...

, for $33.86 per share or $3.4 billion in an all-cash transaction. Previously, the UK's
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 Pearson PLC
Pearson PLC
Pearson plc is a global media and education company headquartered in London, United Kingdom. It is both the largest education company and the largest book publisher in the world, with consumer imprints including Penguin, Dorling Kindersley and Ladybird...

 owned 61% of the company.

History

Founded in 1968, Interactive Data is a supplier of financial market data and related offerings. Acquisitions have contributed to Interactive Data’s growth, enabling the company to deliver an increasing range of services, while expanding into adjacent markets and extending its reach geographically.

Products

Interactive Data provides evaluation services, reference data, pricing services, derivatives services, Fair Value Information Services, low latency market data, trading infrastructure services, fixed income analytics, Web-based solutions, desktop solutions, and the eSignal
ESignal
eSignal, an Interactive Data company, offers its eSignal suite of products and services, as well as trading education, global, real-time market data and decision support tools to individual and active traders worldwide...

suite of products.
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