FT Interactive Data introduces SIRS Intra-Day

FT Interactive Data's SIRS product, which provides descriptive data for a universe of fixed income and equity securities, can now be delivered to clients via SIRS Intra-Day at five convenient service intervals throughout the day.

"Our long-standing SIRS product has provided descriptive data for a universe of fixed income and equity securities to financial institutions for more than a decade," says Spencer Gallagher, director of the Reference Data Group for FT Interactive Data. "The introduction of SIRS Intra-Day answers our clients' call for more frequent updates of descriptive data throughout the day. SIRS Intra-Day makes it easier for companies to increase operational efficiencies and reduce error-prone manual set-up through the automated addition of new securities data."

With SIRS Intra-Day, clients can receive data more frequently throughout the day for such asset categories as North American equities, UITs, corporate, government, and agency debt, CDs and municipal bonds. For mortgage-backed, pass-through securities, data will be delivered early in the day while non-North American securities will frequently be delivered before end-of-day.

SIRS Intra-Day allows clients to improve the quality of their master files by incorporating automated content changes throughout the day. In addition, SIRS Intra-Day offers full upward compatibility with the existing SIRS 80-character, fixed field product and unique file naming conventions to help identify and manage multiple intra-day files.