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FT Interactive Data Delivers Independent Valuations of Bank Loan Prices.


New Offering Expands Range of Fixed Income Data to Help Clients Value Portfolios More Effectively

BEDFORD, Mass. & LONDON -- FT Interactive Data, an Interactive Data (NYSE NYSE

See: New York Stock Exchange
: IDC) business and a leading supplier of financial information to global markets, today announced that it will provide clients with seamless access to independent valuations of syndicated bank loans. By delivering an expansive set of data for an increasingly broad range of securities, FT Interactive Data helps its clients assess the value of their portfolios more effectively.

World-wide loan volumes have increased significantly in recent years, up from $2.3 trillion in 2000 to $3.5 trillion in 2005*. As these volumes grow and investors enter the bank loan market, it will be increasingly important for firms to have access to independent valuations.

FT Interactive Data's new bank loan pricing service is available through an add-on to FT Interactive Data's evaluation services or as a module of its FTS FTS

facteur thymique sérique.
[TM] online portfolio administration service. Loan valuations are based on data gathered by Markit Group Limited ("Markit") from more than 70 dealers in the bank loan market, comprising approximately 6,000 loan prices daily.

"With the growing interest in a broad range of complex securities, it is critical for FT Interactive Data to provide clients with seamless access to high quality information that can help them to make more informed financial decisions," said Ray D'Arcy, president of sales, marketing and institutional business development, Interactive Data Corporation. "By continuing to expand the range of information and delivering it through flexible offerings that seamlessly integrate into a firm's workflow, FT Interactive Data helps clients work more efficiently."

"Through the addition of independent valuations of bank loan prices, FT Interactive Data is now offering clients one of the most comprehensive sets of fixed income data in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry," said Mike Rushmore, executive vice president and global head of sales at Markit. "Since forming our strategic alliance earlier this year, we have worked together successfully to provide a growing number of firms with access to a high quality valuation perspective."

Additional information about other offerings from FT Interactive Data, including services for delivering independent valuations of credit default swaps Credit Default Swap

A swap designed to transfer the credit exposure of fixed income products between parties.

Notes:
The buyer of a credit swap receives credit protection, whereas the seller of the swap guarantees the credit worthiness of the product.
 (CDS) and CDS index trades, is available at: http://www.ftinteractivedata.com/products/data_type/cds.shtml.

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 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 Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 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 2,200 employees in offices located 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. , 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 Pearson Education is an international publisher of textbooks and other educational material, such as multimedia learning tools. Pearson Education is part of Pearson PLC. It is headquartered in Upper Saddle River, New Jersey. , 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.

FT Interactive Data provides global securities pricing, evaluations and reference data designed to support financial institutions' and investment funds' pricing activities, securities operations, research and portfolio management. FT Interactive Data collects, edits, maintains and delivers data on more than 3.5 million securities, including daily evaluations for approximately 2.5 million fixed income and international equity issues. FT Interactive Data specializes in 'hard-to-value' instruments and 'hard-to-get' information from emerging markets.

Evaluated pricing is provided in the U.S. through FT Interactive Data Corporation and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd PTY LTD Propriety Limited (company structure in Australia) .

For more information, please visit www.ftinteractivedata.com.

*Loan volume data from Dealogic, as cited in the September 21, 2006 issue of The Economist.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 24, 2006
Words:656
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