ComStock Appoints Richard O'Dea Vice President of Sales; Proven Executive to Lead North America Sales Organization, Expand ComStock's Presence in Institutional Marketplace.HARRISON, New York Harrison is a town/village in Westchester County, New York, United States. The population was 24,154 at the 2000 census. The village is coterminous with the town of the same name, and has a consolidated town/village government. -- ComStock, part of Interactive Data (NYSE NYSE See: New York Stock Exchange : IDC) and a leading provider of real-time global market data, today announced that Richard M. O'Dea has been named vice president of sales. O'Dea will be responsible for driving ComStock's 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. sales strategy and strengthening ComStock's presence in the institutional marketplace. "Rich has a strong background in the real-time market data industry and a proven track record of building long-term relationships with clients and driving new business opportunities," said Mark Hepsworth, president, ComStock. "We believe that Rich will successfully leverage the strength of ComStock's real-time offerings and maximize cross-selling opportunities with the other Interactive Data businesses to help ComStock to broaden its base of clients." "The combination of ComStock's vast breadth of market breadth of market The underlying strength of stock market movements in an upward or a downward direction. Determining breadth of market is important to technical analysts when they forecast whether a given market movement is likely to persist. data, and the underlying technology that is designed to allow us to deliver it with low-latency and in a flexible, easy-to-use format, enables us to offer a unique value proposition to clients," said Rich O'Dea, vice president of sales, ComStock. "I look forward to working with firms across the financial services industry to help them take advantage of the many benefits that our real-time data and managed solutions offerings can provide." O'Dea has more than 20 years of experience in the financial services industry, with nearly 14 of those years in the real-time market data business. In his most recent position, O'Dea was senior vice president, global sales and account management at SunGard Data Management Solutions, where he was responsible for leading sales, account management and pre-sales teams around the world. O'Dea has also held a number of sales management positions at Reuters, Multex and Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings Services. This appointment is effective immediately. O'Dea will report directly to Paul Zinone, general manager of North America, ComStock. 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 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 (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 and eSignal, Interactive Data has approximately 2,100 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. ComStock, Inc., an Interactive Data Corporation company, is a leading provider of real-time global financial information to financial institutions, financial information re-distributors and online media portals worldwide. ComStock's suite of services ranges from a real-time data feed, to fully customized and hosted market data solutions. The ComStock business includes ComStock, Inc., a 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 corporation. For further information about Interactive Data please see: www.interactivedata.com. |
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