Technology
Tech Firm Expands Market Data Service Into Wealth Management Market

Interactive Data Corporation, the financial markets technology firm, has made its market data service, PrimeTerminal Professional, available to financial advisors and wealth managers in Europe.
The service, which has been bolstered with the addition of access to independent fixed income evaluated pricing, securities pricing and reference data, allows features to be tailored to the needs of wealth managers, the firm said in a statement.
“By continuously enhancing the desktop’s data coverage, we can help users to meet their evolving requirements in the area of wealth management,” said Carsten Dirks, global managing director of wealth management products.
Wealth managers are increasingly turning to market data content providers and aggregators to remain knowledgeable about market news, according to a report by the consultancy Celent, a trend the firm says it is looking to tap into.