Interactive Data has reported that its Managed Solutions group and Comdirect bank have signed a contract to migrate the market data component of the bank's website to a new hosted technology infrastructure.
The market data component of the Comdirect bank website will be migrated to the market data gateway, Interactive Data’s open market data platform, and the site’s architecture will be upgraded and modernized. Via the market data gateway, Comdirect will receive market data from various providers, available in real-time or delayed, as well as HTML- and Java-based analytical tools and trading applications. The platform’s flexibility will help support the integration of the Comdirect and Interactive Data systems.
Helge Fobbe, head of web management at Comdirect, said: Throughout our relationship, we have been able to develop a very successful internet presence which is used both by private investors and professional users. Since the early days, we have valued Interactive Data Managed Solutions as a good, reliable partner for market data and software.