One Interactive Data Brand

February 26, 2007

Interactive Data Corp. said it is unifying the identities of three institutionally oriented business lines to "more effectively emphasize the breadth of its comprehensive range of products and services that can help customers further automate key workflows and improve efficiency across their front, middle and back offices." The Bedford, Mass. company has assembled a range of offerings in such areas as pricing and reference data, valuation services, customized financial portals and fixed-income analytics, in part through acquisitions that retained their identities.

Under the new scheme, FT Interactive Data becomes Interactive Data Pricing and Reference Data; ComStock is now Interactive Data Real-Time Services; and CMS BondEdge is Interactive Data Fixed Income Analytics. The company has grown into "a trusted industry leader with over $600 million in annual revenue and a comprehensive set of financial data, sophisticated analytics and value-added services that can meet a broad range of customer needs," said Stuart Clark, president and CEO of Interactive Data Corp. "We believe that this new branding initiative will help us to build on the strengths of our company today, support our next phases of growth and expansion, and provide us with a framework to further align our organization from an operational, sales and marketing, and product development perspective."

The moves seek to underscore the Interactive Data brand power in the institutional community. Retaining its name is the eSignal desktop division, which provides real-time market data and decision support tools to more than 60,000 active traders and professional subscribers worldwide. Interactive Data Managed Solutions also keeps its name; it is part of Interactive Data Real-Time Services.

Interactive Data also reported last week that for the fourth quarter of 2006, ComStock turned in the most impressive revenue growth: 54 percent, to $32.6 million. FT Interactive Data was up 11 percent, to $98.7 million, and CMS BondEdge was flat, at $8.2 million, though it had six new client installations. For Interactive Data as a whole, fourth-quarter revenue climbed 19 percent, to $161.1 million, and net income 1 percent, to $24.8 million. Full-year revenue increased 13 percent, to $612.4 million, which Clark said was "primarily due to the contributions from the Quote.com and managed solutions businesses that we acquired, the consistent expansion of FT Interactive Data and improved second-half performances within our core ComStock and eSignal businesses."