Company type | Private Company |
---|---|
Industry | Financial services |
Founded | 1968 |
Headquarters | , USA |
Key people | Mason Slaine, Chairman Stephen Daffron, President and CEO Jay Nadler, COO |
Owner | Intercontinental Exchange |
Number of employees | Approximately 2,500 worldwide |
ICE Data Services (formerly known as Interactive Data) [1] was an American 1960s-founded Time-sharing services company that later became known for providing financial market data (financial data vendor), analytics and related solutions to financial institutions, active traders and individual investors.[ citation needed ] The company's businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for securities trading, including hard-to-value instruments. The company was acquired by and folded into Intercontinental Exchange in December 2015. [1] [2]
Interactive Data provided evaluation services, reference data, pricing services, derivatives services, Fair Value Information Services, low latency market data, trading infrastructure services, fixed income analytics, Web-based solutions, desktop solutions, the eSignal suite of products, and environmental, social and corporate governance (ESG) data including quantitative ESG risk indicators for individual companies and sectors (current figures as well as historical data for the past two years) provided by RepRisk, a global business intelligence provider specialized in ESG risk analytics and metrics. [3] [4]
Founded in 1968 as a Waltham, Massachusetts-based [5] time-sharing company, Interactive Data Corporation was acquired by Chase Manhattan Bank in 1974. [6]
Like competitor National CSS (NCSS), their time-sharing service was based on IBM's CP/CMS Time-sharing software for the IBM System 360 Model 67. IDC focused on the financial industry, while NCSS had a broader client base.
In 1984, Chase expanded IDC by purchasing Western Union's Telstat Systems division. [7]
In 2002 Interactive bought Merrill Lynch's securities pricing service. [8]
Interactive Data became known as a supplier of financial market data and related offerings, "including data bases used for economic forecasting." [5] Acquisitions have contributed to Interactive Data's growth, enabling the company to deliver an increasing range of services, while expanding into adjacent markets and extending its reach geographically.
Later on, Pearson PLC [9] owned 61% of the company. [10] In 2010 the company announced the completion of its acquisition by two private equity firms, Warburg Pincus and Silver Lake Partners. [11]
In 2015, Intercontinental Exchange announced the acquisition of Interactive Data Corporation from Warburg Pincus and Silver Lake Partners. [1] [2]
LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong SAR, India, Ireland, Israel, the Philippines, and the United Kingdom.
Moody's Corporation, often referred to as Moody's, is an American business and financial services company. It is the holding company for Moody's Ratings, an American credit rating agency, and Moody's, an American provider of financial analysis software and services.
CRISIL Limited, formerly Credit Rating Information Services of India Limited, is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.
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National CSS, Inc. (NCSS) was a time-sharing firm in the 1960–80s, until its acquisition by Dun & Bradstreet in 1979. NCSS was originally headquartered in Norwalk, Connecticut, but relocated to Wilton in 1978. Sales offices, data centers, and development facilities were located at various sites throughout the U.S. Some additional sales offices were active in the UK and elsewhere.
FactSet Research Systems Inc., trading as FactSet, is an American financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and software. For fiscal year 2023, FactSet's total ASV and professional services revenues were $2.09 billion. FactSet's total market value is approximately $15 billion.
Intercontinental Exchange, Inc. (ICE) is an American multinational financial services company formed in 2000 that operates global financial exchanges and clearing houses and provides mortgage technology, data and listing services. Listed on the Fortune 500, S&P 500, and Russell 1000, the company owns exchanges for financial and commodity markets, and operates 12 regulated exchanges and marketplaces. This includes ICE futures exchanges in the United States, Canada, and Europe; the Liffe futures exchanges in Europe; the New York Stock Exchange; equity options exchanges; and OTC energy, credit, and equity markets.
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Markit was a British financial information and services company with over 4,000 employees, founded in 2003 as an independent source of credit derivative pricing. The company provides independent data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services. The company aims to enhance transparency, reduce financial risk and improve operational efficiency. Its client base includes institutional participants in the financial marketplace. On 12 July 2016, Markit and IHS Inc. merged in an all-stock merger of equals to form IHS Markit. IHS Markit later merged with S&P Global on 28 February 2022.
Panopticon Software was a multi-national data visualization software company specializing in monitoring and analysis of real-time data. The firm was headquartered in Stockholm, Sweden. It partnered with software companies, including SAP, Thomson Reuters, Kx Systems, and One Market Data (OneTick). The company's name is derived from the Greek: 'pan' for all, 'optic' for sight. The company name is derived from the word panopticon which is an architectural concept originally intended to facilitate surveillance of prisons.
Timothy Franz Geithner is an American former central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013. He was the President of the Federal Reserve Bank of New York from 2003 to 2009, following service in the Clinton administration. Since March 2014, he has served as president and chairman of Warburg Pincus, a private equity firm headquartered in New York City.
Foros is a boutique investment bank headquartered in New York. Founded in 2009 by former Deutsche Bank M&A chief Jean Manas, the firm provides divestitures, joint ventures, capital raising, spin-offs and split-offs, raid defense, and mergers and acquisitions advisory services.
Datamonitor is an international company providing market intelligence, data analysis, and opinion via a worldwide network of in-house analysts. The company tracks Automotive, Consumer Markets, Energy & Utilities, Financial Services, Logistics & Express, Pharmaceutical & Healthcare, Retail, Technology, Sourcing and Telecommunications markets. Its website claims to have over 6,000 clients, which it helps make strategic and operational decisions. Datamonitor was acquired in 2007 by Informa for £513 million in cash.
Eagle Investment Systems is an American global provider of financial services technology and a subsidiary of BNY Mellon. Founded in 1989 and based in Wellesley, Massachusetts, Eagle has 15 offices internationally, including offices in Beijing, Chennai, Dubai, London, Montreal, New York City, Pune, San Francisco, Singapore, Sydney and Toronto.
Institutional Shareholder Services Inc. (ISS) is a proxy advisory firm. Hedge funds, mutual funds and similar organizations that own shares of multiple companies pay ISS to advise regarding share holder votes. As the leading firm in the industry, ISS commands a 48 percent market share as of 2021, with its nearest rival, Glass Lewis, holding a 42 percent market share.
Black Knight, Inc. is an American corporation that provides integrated technology, services, data and analytics to the mortgage lending, servicing and real estate industries, as well as the capital and secondary markets. Black Knight is also known for its monthly benchmark data reports: Mortgage Monitor, a month-end analysis of mortgage performance statistics derived from Black Knight's loan-level database representing the majority of the national mortgage market; and Originations Market Monitor, the industry's earliest and most comprehensive view of single-family residential mortgage originations based on daily rate lock data from Black Knight's Optimal Blue PPE. In 2023, Intercontinental Exchange acquired the company for $11.7 billion.
SuperDerivatives (1999-2014) was an American financial services company. It created the first professional real time option pricing tool delivered over the internet. The option prices generated by SuperDerivatives reflected accurately the prices in the interbank broker market and the company generated worldwide transparency in option pricing and as a result drove the significant growth of the OTC option markets. The company was acquired by Intercontinental Exchange in 2014.
Infoblox, is a privately held IT automation and security company based in California's Silicon Valley. The company focuses on managing and identifying devices connected to networks—specifically for the Domain Name System (DNS), Dynamic Host Configuration Protocol (DHCP), and IP address management. According to Gartner, Infoblox held a 49.9% market share of the $533 million enterprise DDI market in 2015. In June 2016, market research company IDC reported that Infoblox held a sizeable market share in DNS, DHCP, and IP address management.
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