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SunGard's AddVantage Offers Automated Security Master Set Up Capability with New FT Interactive Data XML Web-Based Process.


ALPHARETTA, Ga. & BEDFORD, Mass. -- - SunGard and FT Interactive Data Corporation, the major operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock.  of Interactive Data Corporation (NYSE NYSE

See: New York Stock Exchange
: IDC), today announced that SunGard's AddVantage, an asset management, trust accounting and securities processing solution (http://www.sungard.com/addvantage), now offers an interface to FT Interactive Data's XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
 Market Information Query Response System. The interface is designed to help mutual customers facilitate the set up of equity and fixed income security master information provided by FTID FTID Financial Times Interactive Data  from within the AddVantage system.

SunGard's AddVantage interface, in conjunction with FT Interactive Data's XML Market Information Query Response System, helps automate To turn a set of manual steps into an operation that goes by itself. See automation.  the set-up process of asset or security information. Customers can access FT Interactive Data's security master data directly from AddVantage via an Internet connection to FT Interactive Data's XML Market Information Query Response System. Accessing security master data in this fashion is seamless for AddVantage customers, and requires no additional steps for them to receive the data. Available on an installed or hosted basis, AddVantage is a fully integrated asset management, trust accounting and securities processing solution used by banks and investment management firms.

SunGard is one of the first IT software and services companies to take advantage of FT Interactive Data's new, more flexible, delivery method for North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 security master information. The data is formatted through a Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  application on a request-response basis returning data in Market Data Definition Language (MDDL MDDL Market Data Definition Language
MDDL Medical Device Data Language
MDDL Minimum-Diameter Degree-Limited
), an industry standard XML protocol See XMLP. .

"We are pleased to work with SunGard to create a new service delivery mechanism utilizing Web-based technology and industry standard protocols to help our mutual customers improve their workflow," said Ray D'Arcy, president of Sales, Marketing and Institutional Business Development for Interactive Data. "Our security master data reflects more than 30 years of experience in market data collection and validation and this new capability helps make it easier for customers to access this rich data resource."

"The ongoing success of AddVantage is the result of continuous enhancements designed to help customers gain efficiencies and reduce errors," said Niraj Gilja, president of SunGard's AddVantage business unit. "The interface with FT Interactive Data will help AddVantage customers to streamline their processing by retrieving security master information from within the AddVantage system."

About FT Interactive Data

FT Interactive Data is a leading provider of financial information and analytical software Analytical software is software that is designed specifically for and development of a particular environment or object.  to global markets. FT Interactive Data supplies global securities pricing, evaluations, dividend, corporate action and descriptive information designed to support mutual funds' pricing activities, securities operations, research, and portfolio management. The company collects, edits, maintains, and delivers data on more than 3.5 million securities, including daily evaluations for more than 2.5 million fixed income issues. FT Interactive Data is the major operating subsidiary of Interactive Data Corporation (NYSE: IDC), a leading global provider of financial and business information to institutional and individual investors. To learn more, visit us at www.FTInteractiveData.com. Interactive Data Corporation is approximately 60 percent owned by Pearson plc and included within its Financial Times Group.

About AddVantage

An asset management, trust accounting, and securities processing solution, AddVantage helps institutions serve their customers by expanding access to data and services through the Web. Employed by large and medium-sized banks and investment management firms across the U.S., AddVantage provides fund administrators, portfolio managers, and their customers with 24/7 Web access to real-time account information. It also provides a comprehensive set of investment management and trade processing capabilities.

About SunGard

With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for 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.
, higher education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com.

Trademark information: SunGard, the SunGard logo and AddVantage are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 5, 2005
Words:676
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