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INTERACTIVE DATA NAMES JAY S. KILBERG MANAGING DIRECTOR OF REAL-TIME SERVICES BUSINESS
New York : 17 April 2008
Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that Jay S. Kilberg has been named managing director of its Real-Time Services business.
In this role, Mr. Kilberg has direct responsibility for the business strategy, financial performance and product development of Interactive Data Real-Time Services.
“We are very pleased that Jay has joined Interactive Data,” said Mark Hepsworth, president, Interactive Data Institutional Business. “I believe that Jay will be instrumental in helping Interactive Data Real-Time Services continue to sustain its notable growth over the past year. During the past two years, our Real-Time Services business has generated considerable momentum in the marketplace for its real-time datafeed service and related offerings by winning new institutional clients, enhancing and broadening its offerings, expanding its market coverage and strengthening its technical infrastructure.”
Mr. Kilberg joins Interactive Data from The McGraw-Hill Companies (NYSE: MHP), where he worked in various parts of the company, including Standard & Poor’s and Platts, over a fourteen-year period. Most recently, Mr. Kilberg served as vice president and general manager for the Platts Research & Analytics business. Prior to McGraw-Hill, he spent over seven years with Deloitte & Touche. Mr. Kilberg holds an MBA from Columbia Business School and a BBA from Emory University.
The appointment is effective immediately. Mr. Kilberg reports to Mark Hepsworth, president of Interactive Data Institutional Business, and is based in Interactive Data’s White Plains office.
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company's businesses supply real-time market data, time-sensitive pricing, evaluations and reference data for millions of securities traded around the world, including hard-to-value instruments. Many of the world's best-known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities. Through its businesses, Interactive Data Pricing and Reference Data, Interactive Data Real-Time Services, Interactive Data Fixed Income Analytics, and eSignal, the Company has approximately 2,300 employees in offices located throughout North America, Europe, Asia and Australia. The Company is headquartered in Bedford, Mass. Pearson plc (NYSE: PSO; LSE: PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, is Interactive Data Corporation's majority stockholder.
Interactive Data Real-Time Services is a leading provider of real-time global market data to financial institutions, redistributors and online financial portals worldwide. Offerings from Interactive Data Real-Time Services include PlusFeed, a consolidated, low latency datafeed. Also managed as part of this business is Interactive Data Managed Solutions, a leading provider and operator of customized financial market information systems.
For more information about Interactive Data Corporation and its businesses, please visit www.interactivedata.com
Interactive Data and the Interactive Data logo are service marks of Interactive Data Corporation.
For further information about Interactive Data please contact:
INTERACTIVE DATA CORPORATION:
Investors
Andrew Kramer
Tel: +1 781-687-8306
Email: andrew.kramer@interactivedata.com
Media
Sue Mitchell (European media)
Tel: +44 (0)20 7825 8076
Email: sue.mitchell@interactivedata.com
John Coffey (US Media)
Tel: +1 781-687-8148
Email: john.coffey@interactivedata.com
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