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Thursday, October 3, 2002

IDC Unit Under New Global Structure

by: Ki Kim

FT Interactive Data, a division of Interactive Data Corporation, is going through a global restructuring that will result in the merger of two of its largest business units -- the North American and European data delivery businesses.

"These organizational changes allow us to partner more effectively with our clients and vendor partners globally to address the evolving industry need for more timely, consistent and integrated market data," said Stuart Clark, president and chief executive officer of Interactive Data Corporation, in a release.

Raymond D'Arcy is to lead this new operating company. As the president of Data Delivery Products, he has been heading FT Interactive Data's North American division for the past two years.  

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