21 Mar Croesus Completes Integration with Interactive Data Corporation
Montreal, Quebec, March 21, 2016 – Croesus, a leading provider of wealth management solutions, and Interactive Data Corporation (“IDC”), a global provider of financial market data, analytics and related services, today announced their integration.
IDC will provide Croesus with index values updated on a daily basis, allowing investment professionals to monitor and benchmark investment performance. A range of indices are offered, including the FTSE/TMX Universe Bond Index, S&P/TSX Composite Index, S&P/TSX 60 Index, Barclays US Aggregate Index, Dow Jones Industrial Average, S&P500 Index, Nasdaq Composite Index, MSCI EAFE Investable Market Index and MSCI Emerging Investable Market Index.
“Through our integration with IDC, we now provide our clients with a turnkey solution to create blended indices that best meet investors’ needs”, said Croesus Vice President of Sales and Marketing, Vincent Guyaux.
“Interactive Data is pleased to be chosen as the provider of daily index values to Croesus. Investment professionals who need to monitor performance can efficiently benchmark performance for their clients and do so in the knowledge that they are being supported by the expertise of Interactive Data”, said Interactive Data Corporation’s Senior Sales Executive, Strategic Alliances, Simy Solomon.
Since 1987, Croesus has been providing sophisticated wealth management solutions to financial institutions throughout North America. Currently, 9,700 investment professionals use the Croesus application to manage over $800 billion in assets. With its 150 dedicated employees, Croesus has built a reputation on the ability to efficiently transform data into information, develop portfolio management solutions to drive efficiency and deliver business intelligence for fact-based decision making. Croesus works with its clients as partners, and the company’s goal is to ensure their long-term success. To add value, Croesus actively listens, learns and engages with its clients to develop technology solutions that are innovative, flexible and secure. Over the years, the company has built a culture based on core values related to work/life balance, personal development and giving back to the community. Croesus was a winner of Canada’s Best Managed Companies program in 2014 and requalified in 2015 to maintain its status as a Best Managed company. The company has offices in Montreal, Toronto and San Diego.
About Interactive Data Corporation
Interactive Data is a trusted industry leader, providing major financial institutions and corporations worldwide with timely, high-quality independent evaluated prices to support their mission-critical operations. The Company delivers daily evaluations representing approximately 100 countries and 30 different currencies for 2.7 million financial instruments. Thousands of financial institutions worldwide, ranging from central banks to large investment banks to hedge funds, subscribe to Interactive Data’s daily evaluated pricing. Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd. For more information visit www.interactivedata.com.
Vice-President, Business Development and Strategic Partnerships