Interactive Data and Scivantage to Develop Integrated Web-Based Wealth Management Workstation

Comprehensive and Cost-Effective Wealth Management Platform Will Automate Key Functions and Improve Workflow for Financial Advisors

New York, SIFMA Tech Expo (Scivantage Booth #1416) — June 19, 2012 — Interactive Data Corporation, a provider of comprehensive market data solutions for wealth management firms, today announced that it is expanding its relationship with Scivantage®, an independent financial technology provider with proven expertise in online brokerage, tax and portfolio reporting and wealth management applications, to deliver an enterprise web-based workstation for wealth management professionals. Demonstrations of a beta version of the integrated workstation will be available at the SIFMA Tech Expo (Scivantage Booth #1416).

The integrated workstation will deliver market data and tools available through Market-QSM, Interactive Data’s browser-based real-time market data solution, along with Scivantage’s account and advisor book management, order entry and transaction processing capabilities. The integrated workstation will enable financial advisors to access robust market data and research, decision support tools and advanced trading capabilities, and to automate critical functions such as portfolio rebalancing, cost basis reporting, and trade processing.

Market-Q is easily and cost-effectively integrated across a wide range of financial institutions’ platforms, enabling advisors and their clients to seamlessly access market data and tools within a single easy-to-use web application. As part of the new arrangement, Market-Q will leverage Scivantage’s advisor productivity tools and transaction processing capabilities to deliver a comprehensive wealth management solution. Available web and mobile-based delivery options will enhance access and usability, allowing for quicker time to market and lower software management costs.

“Combining Market-Q’s customized market data and tools with client, account and transactional level data from major back office clearing providers through Scivantage extends our real-time streaming market data desktop into a comprehensive wealth management platform,” said Bill Chambers, vice president and general manager for Interactive Data’s wealth management business in the U.S. “This platform will offer financial advisors a new technology choice, providing more efficient workflows to help advisors focus on servicing clients.”

“We are very pleased to partner with Interactive Data to extend the capabilities of the Market-Q platform,” said Joe Stensland, Executive Vice President, Product and Delivery Management, Scivantage. “Leveraging Scivantage’s unique, back office independent account management and advanced trading capabilities, the combined solution will offer retail brokerage firms and financial advisors a broader range of integrated services to support the wealth management lifecycle. With no software programs to install or update, the system gives an advisor a versatile, powerful solution – all on a fully hosted and secure web platform.”

Interactive Data and Scivantage anticipate launching the full integrated workstation later this year.

Interactive Data’s wealth management solutions support more than 500 clients and include real-time streaming market data desktops, customizable web-based portals, a broad range of mobile and tablet solutions and powerful APIs. Interactive Data also designs, builds and supports custom-branded solutions for a wide range of technology frameworks and platforms.

About Interactive Data Corporation

Interactive Data Corporation 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 support clients around the world with mission-critical functions, including portfolio valuation, regulatory compliance, risk management, electronic trading and wealth management. Interactive Data has over 2,500 employees in offices worldwide. For more information, visit www.interactivedata.com

About Scivantage

Scivantage is an independent financial technology provider with proven expertise in online brokerage, tax and portfolio reporting, and wealth management applications that automate and integrate key business practices for broker-dealers, mutual funds, custodians and prime brokers. From trade order processing and account management to comprehensive cost basis reporting and automated account opening, maintenance and funding, Scivantage’s back-office independent solutions enable financial institutions and financial professionals to dramatically reduce operational costs, strengthen customer relationships and improve productivity. For more information, please visit www.scivantage.com or contact us at +1.866.724.8268.

Enabling Financial Transactions.  Automate.Connect.Transact.

Interactive Data Forward-looking and Cautionary Statements

This communication contains forward-looking statements that involve a number of risks and uncertainties. The statements contained in this communication that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended, including, without limitation, statements regarding our plans to jointly develop with Scivantage an integrated web-based wealth management workstation that will be a comprehensive, cost-effective platform that will automate key functions and improve workflow for financial advisors, all other statements regarding the expected attributes of the new workstation, and our statement that we anticipate launching the workstation in the third quarter of 2012.

All forward-looking statements included in this communication are based on information available to Interactive Data on the date hereof. In some cases, you can identify forward-looking statements by terminology such as “may,” “can,” “will,” “should,” “could,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “targets,” “goals,” “projects,” “outlook,” “continue,” “preliminary,” “guidance,” or variations of such words, similar expressions, or the negative of these terms or other comparable terminology. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on Interactive Data’s results of operations or financial condition. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements.

Neither Interactive Data nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. There are various important factors that could cause actual results to differ materially from those in any such forward-looking statements, many of which are beyond Interactive Data’s control. These factors include: failure to negotiate or a delay in the negotiation of a mutually satisfactory final, definitive agreement with Scivantage setting forth the terms of the joint development project; failure to consummate or delay in consummating the joint development project for other reasons; changes in laws or regulations; and changes in general economic conditions. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change and, therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.

Posted in Press Release.