CMS BONDEDGE ENHANCES CREDIT RISK CAPABILITIES
Portfolio Versus Benchmark Functionality and Individual Bond History Now Included

Los Angeles, March 5, 2003 – CMS BondEdge, an operating division of Interactive Data Corporation (NYSE: IDC) and a leading provider of fixed income portfolio analytics, today announces expanded credit risk management capabilities in its flagship product, BondEdge. In addition to existing credit risk analytics, which combine information from CreditGrades™ by RiskMetrics Group with proprietary CMS BondEdge data, new portfolio versus benchmark functionality and daily credit risk histories are also now available.

Teri Geske, senior vice president of product development for CMS BondEdge, comments, "In addition to existing reports which show current spread levels and spread volatility for your corporate holdings versus a 90-day average and standard deviation for each bond in the portfolio, as well as a theoretical probability of default, the new functionality allows you to compare this same information, at the sector level, to the credit component of your chosen benchmark. You might discover, for example, that spreads in a particular industry are becoming more volatile, or that your portfolios' exposure to a given industry versus the average holdings in a broad index is potentially much more risky (as measured by theoretical default probability) - all these could serve as invaluable early warnings. Graphing capabilities are extremely useful to quickly highlight outliers among a large population or across sectors."

Daily histories of prices, yields and option-adjusted spreads for corporate bonds on an individual holdings-basis are also now available, in addition to implied credit default spreads and default probabilities supplied by CreditGrades. These daily histories allow for detailed trend analysis as well as bond-to-bond comparisons for relative value analysis.

Laurie Adami, president of CMS BondEdge, comments, "The new reports, which provide credit risk results relative to a given benchmark, are essential for total return-oriented managers - especially given the current environment where idiosyncratic risk is so prevalent. The knowledge we have gained in more than twenty years of servicing the buyside, plus the fact that many of the critical elements needed to deliver this functionality were already in place, allowed us to readily adapt the BondEdge product."

The new reports were recently unveiled during a live web seminar on "Modeling and Managing Credit Risk", hosted by CMS BondEdge. More than 125 fixed income portfolio managers registered. For copies of the presentation please contact Lisa Herbert.

For further information please contact:
Lisa Herbert, CMS BondEdge
Tel: (310) 479-9715
Email : lisa.herbert@be.ftid.com

John Roderick, for RiskMetrics Group
Tel: (212) 255-8455
Email: john@rosengrouppr.com

About CMS BondEdge:
For over 20 years, CMS BondEdge has been recognized as a leader in fixed income analytical software. Long known for the BondEdge system, CMS BondEdge is trusted as an independent source of research, analytics and valuation tools by over 550 institutions in the U.S. and Canada. CMS BondEdge is an affiliate of FT Interactive Data and division of Interactive Data Corporation (NYSE: IDC), a leading global provider of financial and business information to institutional and individual investors. More information on CMS BondEdge is available at www.cmsbondedge.com. Corporate information on Interactive Data Corporation is available at www.interactivedatacorp.com.

About Risk Metrics Group:
RiskMetrics Group provides financial analytics and wealth management solutions to hundreds of financial institutions, corporations and central banks worldwide. Since 1994, RiskMetrics Group research has set the standard for financial risk management. RiskMetrics Group analytics, data and services enable users to measure and manage risk, and to communicate that risk to managers, clients, investors, shareholders and regulators. Formerly a division of JP Morgan, RiskMetrics Group became an independent company in 1998. The company is headquartered in New York City, with seven offices worldwide, including London, Tokyo and Singapore.