Interactive Data, a provider of financial market data, analytics and related services, announced on Wednesday that its pricing and reference data business will deliver reference data for more than 3.5 million global securities to customers utilising Xenomorph's TimeScape, a cross-asset data management and analysis software platform. Through its relationship with Interactive Data, Xenomorph can help enable its customers make investment decisions while addressing regulatory requirements, the firm says.
TimeScape unites data management, data connectivity, and pricing analysis for a broad range of asset classes into one user interface. The software platform also enables the deployment of new asset classes and pricing models that can be pre-tested, checked and managed in near-real time.
"Our customers demand a vast resource of high-quality reference data as the basis for their pricing models and data analysis activities," says Brian Sentance, CEO, Xenomorph. "Working with Interactive Data, we can ensure that the quality of the data matches the sophistication of our analytics and data management solutions. By providing direct access to Interactive Data's reference data, we can help a broad range of customers, including traders, risk managers, and quantitative analysts, make informed investment decisions, improve their productivity in managing data and address regulatory capital requirements," he adds.
"By uniting Interactive Data's reference data with its software tools, Xenomorph can offer customers a comprehensive solution for improving their data management and analysis capabilities," explains Ray D'Arcy, president of sales, marketing and institutional business development, Interactive Data. "The combination of our data and range of flexible delivery options has enabled Interactive Data to forge relationships with numerous businesses that provide innovative financial applications designed for the front, middle and back offices. We are excited about our work with Xenomorph, and look forward to continuing to expand our relationship," he comments.