Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics and related services, today announced that its Managed Solutions business and online bank Cortal Consors will extend their longstanding, successful relationship.
Under the arrangement, Interactive Data Managed Solutions provides the online bank with critical information, tools and support for its financial information portal.
Interactive Data Managed Solutions will continue to supply financial market data and a variety of analysis tools to support Cortal Consors' financial information portal for Germany, France, Belgium and Luxembourg. The financial information is distributed via Interactive Data Managed Solutions' Market Data Gateway, utilising the Java- and .Net-based application programming interfaces (APIs). The agreement also includes a service package, maintenance and support.
Cortal Consors' customers and interested investors can obtain comprehensive financial market information and use various analysis tools to assist them in their investment decisions at cortalconsors.de. They can access information and applications related to bonds, certificates, currencies, interest rates, funds, indices, initial public offerings, stocks, warrants, options and futures. Direct fund comparisons and numerous consensus estimates are also available. In addition, the web site can allow clients to download the online bank's ActiveTrader and FutureTrader trading software packages.
"Interactive Data Managed Solutions' vast experience and position as a leading market data supplier prompted us to extend our relationship. Many of our customers make their own investment decisions and thus rely on the high-quality market data on our website," said Jochen Wörand, Market Data manager at Cortal Consors.
"Cortal Consors and Interactive Data Managed Solutions have been working together for ten years," added Carsten Dirks, chief sales officer, Interactive Data Managed Solutions AG. "The extension of the agreement is another positive sign that we are continuing to help Cortal Consors provide exceptional service to its customers and attract new clients."