Interactive Data Corporation

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Financial services company (1968–2015)

title: "Interactive Data Corporation" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["financial-services-companies-established-in-1968", "privately-held-companies-based-in-massachusetts", "financial-data-vendors", "warburg-pincus-companies", "silver-lake-(investment-firm)-companies", "1968-establishments-in-massachusetts", "american-companies-established-in-1968", "financial-services-companies-based-in-massachusetts"] description: "Financial services company (1968–2015)" topic_path: "economics" source: "https://en.wikipedia.org/wiki/Interactive_Data_Corporation" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Financial services company (1968–2015) ::

::data[format=table title="Infobox company"]

Field	Value
name	ICE Data Services
logo	Interactive Data Logo.svg
type	Private Company
foundation	1968
location_city	Bedford, Massachusetts
location_country	USA
key_people	Mason Slaine, Chairman
Stephen Daffron, President and CEO
Jay Nadler, COO
industry	Financial services
num_employees	Approximately 2,500 worldwide
owner	Intercontinental Exchange
::

ICE Data Services, formerly known as Interactive Data or Interactive Data Corporation (IDC), was an American financial data vendor that provided market data, analytics and related solutions to financial institutions, active traders and individual investors. Initially founded in 1968 as a time-sharing services company, IDC went on to 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.

Products

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.

History

Timesharing services

Founded in 1968 as a Waltham, Massachusetts-based time-sharing company, Interactive Data Corporation was acquired by Chase Manhattan Bank in 1974.

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.

Data services

In 2002 Interactive bought Merrill Lynch's securities pricing service.

Interactive Data became known as a supplier of financial market data and related offerings, "including data bases used for economic forecasting." 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 owned 61% of the company. In 2010 the company announced the completion of its acquisition by two private equity firms, Warburg Pincus and Silver Lake Partners.{{cite press release |url=http://ir.interactivedata.com/phoenix.zhtml?c=95364&p=irol-newsArticle&ID=1454057&highlight=|title=Acquisition of Interactive Data Corporation Completed |publisher=Interactive Data Corporation |date=29 July 2010}}

In 2015, Intercontinental Exchange announced the acquisition of Interactive Data Corporation from Warburg Pincus and Silver Lake Partners.

References

(27 October 2015). "N.Y.S.E. Owner to Buy Interactive Data for $5.2 Billion". [[The New York Times]].
"Exhibit 99.1".
(2009). "Plunkett's E-Commerce & Internet Business Almanac 2009".
(19 October 1985). "Chase computer raided by youths, officials".
(21 June 1974). "Chase Manhattan Bank And Interactive Data". [[The New York Times]].
(28 December 1984). "Interactive Data". [[The New York Times]].
(3 January 2002). "Merrill Lynch sells securities pricing service". [[The New York Times]].
(30 October 1997). "Interactive Data to Move". [[The New York Times]].
(15 January 2010). "Pearson confirms could sell $1.5 bln stake in IDC". [[Reuters]].
(26 October 2015). "ICE to buy market data firm Interactive Data in $5.2 billion deal". [[Reuters]].

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