Exchange Data International (EDI) has introduced corporate action email alert files to accompany its worldwide corporate actions service for upcoming effective and ex-dates. The alert files provide clients with a customised alert up to 30 days before a required corporate action becomes effective, providing investors with time to make informed trading or investment decisions. Additionally, clients can receive an unlimited number of reminders before events become effective. All fields from EDI’s worldwide corporate actions feed are available, meaning alert files can be based on a variety of dates, including ex-date, record date, pay date, and effective date.
Jonathan Bloch, EDI CEO, says: “This is a timely addition to our services given that the US market will be going T+1, putting enormous pressure on back offices to be more efficient. These alerts will ensure that important dates are not missed.”
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