Investment Dealers' Digest
2 World Trade Center, 18th Floor
New York, NY, 10048
Founded in 1935, Investment Dealers' Digest was a full service multimedia financial publishing, database, software and consulting company that served the professional investor community for many years. IDD Information Services is IDD's multimedia financial information services division.
Mark Lerch and Michael Danziger helped form IDD Information Services in 1984, a provider of financial information data, news, and services, which was sold to Extel Financial in 1986. IDDIS provided the investment banking, financial services and money management communities, as well as corporate clients and personal investors, with a full spectrum of top-quality domestic and international financial databases and information management software. Their institutional clients included the leading investment banks such as: Bear Stearns, Chemical Bank, CS First Boston, Dean Witter, Merrill Lynch, Paine Webber, Prudential and Smith Barney. Their personal investor products were provided to users through major consumer software and online distribution channels. IDD was acquired by Dow Jones & Co. in 1997 where they launched a number of innovative services including Barron's Online in partnership with Dow Jones and Tradeline Electronic Stock Guide.
Platinum Equity acquired IDD Information Services renaming the company Tradeline.com, from Dow Jones and Company in January 2000, which was then acquired by SunGard Data System in 2002. Tradeline.com provided industry-leading securities data, Web-based development tools and software applications to the investment banking, corporate finance and professional securities analysis industries.
Since 1973, Wall Street's leading banks and brokerage houses relied on Tradeline.com for the industry's most accurate and comprehensive historical securities pricing data. The company was the first of its kind to provide data resources and tools via a Web-based application to the professional marketplace.
Upon SunGard’s talks about a partnership with Sun Microsystems in 2008, the company sought to re-establish the now 10 year old search technology of RankDex. To aid them in the process the joint author of the technology behind RankDex and the founder of the subsidiary GetUpdated, Clinton Cimring was enlisted to aid in the process. In August 2010 Clinton Cimring was appointed interim CEO of IDD Information Services and GetUpdated.