TAP Solutions (TAP) today announced the addition of FT Interactive Data’s FTS portfolio administration tool to the TAPMaster feed manager library, which now offers clients access to 21 different datafeed services.
With FTS and the other FT Interactive Data offerings that are available through TAPMaster, including SIRS, IDSI and MuniView, clients can gain access to a broad range of high-quality, global reference data, securities pricing, and evaluations. FT Interactive Data is an Interactive Data (NYSE: IDC) business and a leading supplier of financial information to global markets.
"TAPMaster can help provide our joint clients with turnkey access to FT Interactive Data’s vast universe of high-quality financial data," said Jean Aiken, global director of business development, FT Interactive Data. "Combining the breadth and depth of our data with TAP’s sophisticated data management and integration capabilities offers a broad range of financial services firms a comprehensive resource for their data needs."
TAPMaster automates the collection of vendor and internal data feeds, standardizes the content based on a comprehensive cross-asset data model, and stores the records from those sources side-by-side in a single relational database.
"FTS rounds out TAPMaster’s coverage of global securities and corporate actions information," says Steve Pentin, TAP’s Product Manager. "It’s a very sophisticated and rich source of international data content. With this new feed manager, our customers have high performance access to this mission critical data using leading industry standard interfaces such as web and messaging services."
Following the release of TAPMaster Publisher and OnDemand earlier in the year, TAP will continue to expand its collection of feed managers and data management modules before the close of 2006. TAP also expects to announce a fourth new client since March, following earlier wins at The Olayan Group, Mizuho Securities USA, and a leading Australian financial services firm.