Interactive Data and Matriks to combine forces for Turkish market

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, and Matriks Bilgi Dağıtım Hizmetleri A.Ş. agreed to develop and distribute financial information solutions for the Turkish market. Matriks, a major provider of market data and customised financial information systems in Turkey, will initially redistribute PrimeTerminalSM, Interactive Data's customisable financial desktop solution for wealth managers, in Turkey and neighbouring countries.

Matriks plans to develop customised solutions for Turkish financial institutions that will be hosted on Interactive Data's fast and flexible market data platform, which standardises structured and unstructured market data from approximately 200 global content suppliers. Interactive Data's low-latency consolidated, global market datafeed, PlusFeedSM already provides Matriks with international financial market data for their customer applications. 

"By combining Interactive Data's broad range of global financial data and extensive international experience in designing customised financial solutions with Matriks' comprehensive local knowledge and expertise, we aim to more effectively serve the Turkish market," said Carsten Dirks, managing director, Interactive Data Managed Solutions. "Matriks has been operating in Turkey for many years and has expanded into neighbouring countries. We look forward to working with them to provide their Turkish customers with new services."

Berkant Oral, general manager at Matriks Data, added:

"This agreement with Interactive Data is an important step for us. By applying our combined experience and capabilities, we will be able to offer innovative financial information solutions that are customised to help meet our clients' specific needs.”