CEO Daffron Brings Data Ideas from Morgan Stanley to Interactive Data

stephen-daffron-interactive-data
Stephen Daffron, chief executive officer at Interactive Data

Daffron's new firm, Bedford, Mass.-based Interactive Data, offers an application, Vantage, that shows customers the logic behind all of its evaluated pricing for several fixed-income products. It supports Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 820, otherwise known as the Fair Value Measurement rule—a must for asset managers. Vantage provides some of the transparency he and his institutional peers, like COO Charlie Hallac of BlackRock, used to

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