CMS BondEdge Introduces Fixed Income Analytical Datafeed Service.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. BondEdge, an Interactive Data (NYSE NYSE See: New York Stock Exchange : IDC) business, and a leading provider of fixed income portfolio analytics with over twenty-five years expertise, today announced the release of an analytical datafeed service. Firms may now directly access state-of-the art fixed income risk measures from CMS BondEdge, long since known for its flagship software product, BondEdge(R). Flexible output and delivery options will help firms streamline their data warehousing See data warehouse. data warehousing - data warehouse process. Sophisticated risk measures offered include option-adjusted duration and convexity Convexity A measure of the curvature in the relationship between bond prices and bond yields. Notes: Positive convexity corresponds to curvature that opens upward. Negative convexity corresponds to curvature that opens downward. , key rate durations, average life and option-adjusted spread Option-adjusted spread (OAS) (1) The spread over an issuer's spot rate curve, developed as a measure of the yield spread that can be used to convert dollar differences between theoretical value and market prices. (OAS OAS See: Option adjusted spread ), among many others, for a comprehensive universe of bonds. Lou Gehring, senior vice president and product manager, comments, "Providing CMS BondEdge risk measures in a datafeed form is an ideal complement to our traditional delivery of analytics via the BondEdge software to the front office. The datafeed delivery option allows us to offer the same high-quality fixed income analytical risk measures to the middle and back office functions interested in, for example, populating a data warehouse, proprietary reporting packages or risk management systems. We have witnessed a significant trend among our more than 500 institutional investment clients who are looking to centralize information via a data warehouse, and have developed capabilities for the broader market in response to this demand. Use of a central data warehouse helps ensure consistency across various investment-related applications and is therefore viewed by many of these firms as advantageous for risk management purposes. The datafeed delivery option is designed to provide the flexibility necessary to accomplish that goal. We've signed on a number of clients with extensive analytical data needs, such as master trusts. We are also working with vendors in adjacent markets, where our analytics are supplementing data those vendors are already supplying to their clients." The CMS BondEdge fixed income analytical datafeed service is an "on demand" service delivered via the Internet. Risk measures offered are available based on any frequency, up to daily. About CMS BondEdge CMS BondEdge, an Interactive Data division, is a leading provider of fixed income portfolio analytics to the investment community with over twenty-five years' expertise. Its client base includes more than 500 leading banks, investment managers, brokerage firms, insurance companies and pension funds throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. CMS BondEdge is long since known for its flagship product, BondEdge(R), which allows customers to identify opportunities and analyze portfolio risk using robust modelling techniques. CMS BondEdge also provides direct access to sophisticated risk measures for a wide universe of fixed income securities via its analytical datafeed service. About Interactive Data 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 time-sensitive pricing, evaluations, dividend, corporate action and reference data for more than 3.5 million 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, FT Interactive Data, ComStock, CMS BondEdge and eSignal, Interactive Data has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia, and is headquartered in Bedford, MA. Pearson plc (NYSE: PSO PSO - Oracle Parallel Server ; LSE LSE - Language Sensitive Editor :PSON PSON Plastic Small Outline Package No Leads ), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 62 percent of the outstanding common stock of Interactive Data Corporation. For more information please visit www.interactivedata.com. |
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