Interactive Data Provides Calculations and Analytics for 10 New U.S. Corporate Bond Indices from Accretive Asset Management
08 Julio 2010 - 8:00AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related solutions, today
announced that it is providing end-of-day index values as well as
analytics capabilities for ten of Accretive Asset Management, LLC’s
BulletsharesTM USD Corporate Bond Indices. Claymore Advisors, LLC
recently licensed these indices to serve as the basis for a series
of exchange-traded funds (ETFs).
The BulletsharesTM USD Corporate Bond Indices are based
on Accretive’s patent-pending BulletsharesTM indexing
methodology and are designed to provide maturity targeted exposure
to the U.S. investment grade corporate bond market. Each index
tracks a diversified basket of bonds and is designed to have a cash
flow profile similar to that of an individual held-to-maturity
bond.
Accretive utilizes proprietary independent fixed income
evaluations, obtained through Interactive Data’s innovative Basket
Calculation ServiceSM, to obtain end-of-day index values for
BulletsharesTM USD Corporate Bond Indices.
Accretive also uses the Interactive Data Fixed Income Analytics
BondEdge® platform and state of the art indexing tools to help
construct and manage the constituent securities and cash flows.
BondEdge provides fixed income security and index analytics on a
daily basis to help Accretive determine the qualified list of fixed
income security candidates and to support and maintain the
Bulletshares Corporate Bond Indices.
“These 10 new indices were designed to combine the best
attributes of both bonds and bond funds so that financial advisors
can use them as effective benchmarks for meeting their clients’
investment needs,” said Darrin DeCosta, Head of Product Development
for Accretive. “Interactive Data provides us with critical data and
analytics capabilities to support these indices and our innovative
fixed income indexing methodology.”
“We’ve combined several capabilities across our company in order
to provide Accretive with important financial data and analytics to
support these new indices,” Jeff Banker, executive vice president,
Real-Time Market Data and Trading Solutions for Interactive Data.
“Interactive Data has an expansive set of pricing and analytics
offerings for providers of indices, ETFs and exchange-traded
structures.”
Interactive Data currently calculates and disseminates intra-day
indicative valuations for baskets of securities to a range of
clients, including three of the five largest ETF sponsors1, via the
Basket Calculation Service. Interactive Data also offers intra-day
indicative valuations for equity and fixed income ETFs, exchange
traded notes (ETNs) and index values that include equities, fixed
income securities, currencies and commodities. In addition,
Interactive Data provides fixed income portfolio analytics to over
400 leading banks, investment managers, brokerage firms, insurance
companies and pension funds throughout North America and
Europe.
About Interactive Data Corporation
Interactive Data Corporation (NYSE: IDC) is a trusted leader in
financial information. Thousands of financial institutions and
active traders, as well as hundreds of software and service
providers, subscribe to our fixed income evaluations, reference
data, real-time market data, trading infrastructure services, fixed
income analytics, desktop solutions and web-based solutions.
Interactive Data’s offerings can help clients around the world with
mission-critical functions, including portfolio valuation,
regulatory compliance, risk management, electronic trading and
wealth management. Interactive Data is headquartered in Bedford,
Massachusetts and has more than 2,400 employees in offices
worldwide. Pearson plc (NYSE: PSO; LSE: PSON), an international
media company, is Interactive Data’s majority stockholder.
Pricing, evaluations and reference data are provided in the U.S.
through Interactive Data Pricing and Reference Data, Inc. and
internationally through Interactive Data (Europe) Ltd. and
Interactive Data (Australia) Pty Ltd.
For more information, please visit www.interactivedata.com.
About Accretive Asset Management LLC
Accretive Asset Management (AAM) creates products that help
financial advisors better serve their clients. Through creative
thinking informed by a strategic understanding of the marketplace,
Accretive devises innovative solutions to problems faced by
financial advisors and investors and designs marketing and branding
strategies to commercialize its innovations.
Performance and constituent data, along with others descriptive
statistics for BulletSharesTM USD Corporate Bond Indices are
available at www.bulletshares.com.
1. The ETF sponsors referenced in the press release are ranked
according to number of funds offered.
Interactive Data (NYSE:IDC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Interactive Data (NYSE:IDC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024