What Interactive Data Corporation does

Interactive Data Corporation, founded in 1968 and acquired by Intercontinental Exchange, Inc. in 2015, now operates as a private subsidiary under the ICE Fixed Income & Data Services division (also branded as ICE Data Services). The business provides financial market data, fixed income evaluations, reference data, analytics, index solutions, and execution services to institutional clients globally, including active and passive asset managers, broker-dealers, banks, trading firms, and wealth advisors. Core product lines include Data & Analytics (derivatives pricing, evaluations, reference data, climate risk data, and regulatory compliance tools), Fixed Income Execution (price transparency and trading via ICE BondPoint), Index Solutions (one of the largest fixed income index providers globally with trillions benchmarked), and Mortgage Data Analytics covering the US housing finance lifecycle.

The underlying platform combines proprietary fixed income, derivatives, and mortgage datasets with the ICE Global Network — an ultra-secure, highly resilient backbone delivering consolidated, low-latency market data feeds and connectivity to global trading venues. AI is applied across the stack to process and validate documents from hundreds of sources for reference data, improve evaluation quality through cross-instrument correlations, identify patterns in pre- and post-trade analytics, and power sentiment indicator datasets integrating Reddit, Dow Jones, and Polymarket data. ICE Data Pricing & Reference Data, LLC holds SEC registered investment adviser status, and ICE Bonds Securities Corporation is a member of FINRA, MSRB, and SIPC.

Revenue is generated primarily through subscription-based access to data, analytics, and connectivity products delivered via desktop/web platforms, APIs, consolidated feeds, and the Widget Library, supplemented by transaction-based execution fees through ICE BondPoint and licensing/royalty revenue from ICE Indices. Customers are exclusively institutional, served through enterprise field sales and API-first delivery models, with content-driven marketing (Fixed Income Monthly Report, insights articles, executive video content by President Chris Edmonds) used to establish thought leadership in fixed income markets. Standalone revenue is not separately disclosed; results roll into ICE's consolidated Data & Connectivity segment.

Name

Interactive Data Corporation

Legal name

Interactive Data Corporation

Website

https://interactivedata.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Interactive Data Corporation, a subsidiary of Intercontinental Exchange, provides institutional financial market data, fixed income evaluations, reference data, analytics, index solutions, and execution services to asset managers, broker-dealers, banks, and trading firms globally through ICE Data Services.

Ownership category

akta.pro rank

Product category

Financial Market Data and Analytics

NAICS

Securities and Commodity Exchanges (52321), Securities and Commodity Exchanges (5232), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Real-Time Market Data Feeds & Terminals (FSAFAIAA)

akta.pro secondary industries

Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs) (FSAFAIAJ), Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB), Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE)

Keywords

• Financial market data
• Fixed income analytics
• Reference data services
• Index solutions
• Trading connectivity

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Data and Analytics Services: Subscription-style access to proprietary pricing data, reference data, evaluations, analytics, and market data feeds for fixed income, derivatives, and mortgage markets. Delivered via APIs, desktop platforms, and connectivity solutions.
2. Execution Services: Trading and execution services offered through ICE Bonds Securities Corporation, providing fixed income execution capabilities including extended hours trading on ICE BondPoint.
3. Index Solutions: ICE Indices services for active and passive managers, with trillions of dollars in assets benchmarked against ICE Indices globally.
4. Regulatory and Compliance Services: Regulatory-related services designed to help firms with compliance obligations and improve operational efficiency.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

Interactive Data Corporation (operating as ICE Data Services within Intercontinental Exchange) provides institutional financial market participants with proprietary financial market data, fixed income evaluations and continuous evaluated pricing, reference data, derivatives pricing and analytics, index solutions, mortgage data analytics, climate risk data, and fixed income execution services. These offerings are delivered through desktop/web platforms, APIs, the ICE Global Network, and low-latency consolidated data feeds to enable price transparency, risk management, regulatory compliance, and trading workflow automation.

Product overview

ICE's Fixed Income & Data Services delivers an end-to-end platform-plus-services architecture combining proprietary data, analytics, execution, and index solutions for fixed income markets. The portfolio centers on three core layers: (1) Data & Analytics — spanning derivatives pricing, evaluations, reference data, sentiment datasets, climate risk data, and regulatory compliance tools; (2) Fixed Income Execution — covering price transparency, discovery, and risk management; and (3) Index Solutions — making ICE one of the largest fixed income index providers globally. These are delivered through multiple access channels: Desktop & Web Platforms, the ICE Data API, the ICE Global Network (ultra-secure global network backbone), the Consolidated Data Feed (streaming, low-latency), ICE Consolidated History (historical tick archive), and a Widget Library. Supporting products include Mortgage Data Analytics covering the US housing finance lifecycle, Climate Risk Data for cross-asset climate analytics, and the Fixed Income Monthly Report for ongoing market intelligence.

Differentiator

Problem solved

Functional benefit

Products and services

• Data & Analytics Broad suite of data and analytics solutions covering multiple asset classes, including derivatives pricing and analytics, designed to help institutional clients uncover investing and trading opportunities, manage risk, and maintain compliance.
• Fixed Income Execution End-to-end fixed income solutions enabling real-time risk management, opportunity discovery, and informed decision-making, spanning price transparency and discovery to efficient execution, performance analytics, and risk management.
• Index Solutions Fixed income index offerings underpinning ICE's position as one of the largest global providers of fixed income indices, with trillions of dollars in assets under management benchmarked against ICE Indices for both active and passive managers.
• Mortgage Data Analytics Integrated ecosystem of technology, data, and analytics supporting the entire US real estate and housing finance lifecycle — the largest asset class in the world's biggest economy.
• Climate Risk Data Cross-asset climate risk data and analytical tools providing a comprehensive view of climate-related challenges and exposures across the market.
• Regulation Compliance Regulatory-related services designed to help firms expand data requirements and enhance risk management processes to meet evolving compliance obligations and improve operational efficiency.
• Desktop & Web Platforms Core business and trading strategy platforms enabling efficient implementation and execution of trading workflows for institutional clients.
• ICE Data API Suite of API solutions for enriching front office tools and automating processes, enabling connectivity to ICE's data infrastructure programmatically.
• ICE Global Network Ultra-secure, highly resilient global network backbone connecting the market community to the broadest range of data sources — proprietary and third-party content — and trading venues, enabling delivery of market data and execution services.
• Consolidated Data Feed Enterprise-wide streaming, low-latency data feed delivered over the ICE Global Network for powering critical business applications.
• ICE Consolidated History Cloud-based comprehensive archive of historical tick data providing deep historical market information for backtesting and analysis.
• Widgets Embedded financial data components enabling integration of ICE data into client platforms.

Quantifiable outcome

• AI is improving timeliness of issuance and quality of evaluations through real-time data and correlations
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

One partnership is on record.

• ICE Bonds Securities CorporationcoreOthersTrading and execution services subsidiary offering fixed income execution, extended hours trading on ICE BondPoint. Member FINRA, MSRB and SIPC.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bloomberg L.P. Bloomberg Terminal and Bloomberg Fixed Income are the most direct competitors, providing real-time market data, fixed income pricing, analytics, and execution to the same institutional buy-side and sell-side client base that ICE serves.
• MSCI: MSCI is a major index provider competing directly with ICE Indices, and also offers fixed income analytics, ESG/climate data, and risk tools overlapping with ICE's data and analytics portfolio.
• FactSet: FactSet provides portfolio analytics, market data, and fixed income data feeds to asset managers and investment banks, directly competing with ICE on the data delivery and analytics layer.
• Tradeweb: Tradeweb is a leading electronic fixed income and derivatives trading venue, competing with ICE BondPoint and increasingly adjacent data and analytics services to the same institutional client base.
• S&P Global Market Intelligence: S&P Global provides fixed income indices, reference data, pricing, and analytics (including S&P Dow Jones Indices) and directly competes with ICE on bond indices, evaluated pricing, and data feeds.
• Moody's Analytics: Moody's Analytics offers fixed income pricing, reference data, risk management, and regulatory solutions, directly competing with ICE Data Pricing & Reference Data across credit and structured products.
• MarketAxess: MarketAxess operates a leading electronic fixed income trading platform, directly competing with ICE BondPoint for dealer-to-client and inter-dealer bond execution, with adjacent data and analytics offerings.
• Refinitiv (LSEG): Refinitiv, now part of LSEG, offers fixed income pricing, reference data, indices (FTSE Russell), and desktop/enterprise data products that directly compete with ICE Data Services across data, analytics, and indices.

Regional players

• SIX Financial Information: SIX Financial Information provides reference data, pricing, and indices primarily in Europe and Switzerland, offering a regionally focused alternative to ICE's global fixed income data and indices services.

Broad incumbents

• Intercontinental Exchange (ICE): ICE is the parent company of Interactive Data Corporation; it operates global exchanges, clearinghouses, and mortgage technology alongside the data services division, providing broader distribution and platform context for the data franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/InteractiveData
• LinkedInlinkedin.com/company/interactive-data

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Interactive Data Corporation