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.