The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

EDI Tracked Over 5 Million Corporate Actions in 2009

Exchange Data International (EDI), a provider of corporate actions and reference data, announced today that its corporate actions data team had created over 5 million corporate actions records in 2009 which is an astonishing volume of 20,800 records a day.

EDI has been providing global corporate actions on equities through its Worldwide Corporate Actions for the past 7 years. Since 2009 EDI has also provided comprehensive information on corporate actions affecting debt securities around the globe via its Worldwide Fixed Income services.

In 2009, 11.9% of the events tracked by these services were new listings of financial securities. EDI‚s master database currently contains over 885,000 of international securities and provides detailed information on over 75 corporate actions event types affecting these securities. In the last two years, EDI has more than doubled the volume of corporate actions covered by its Corporate Actions suite; perfect illustration of its commitment in always expanding its coverage whether it be in terms of instruments, events or countries.

“EDI is a medium sized company with the advantages of being flexible and easily approachable. We always take clients, prospects and partners‚ comments into account in our development strategy,” says Jonathan Bloch, CEO.

“Over the past 5 years we have undertaken research at client’s request on specific area of the business and have doubled our efforts in finding reliable sources for emerging and frontier markets,” he added.

Last year, the Fixed Income data team has focused on the Far East debt markets and enhanced the service coverage by adding Korea and Vietnam to the list of countries covered.

As for the Worldwide Corporate Actions service, its coverage has been enhanced with the addition of Middle Eastern exchanges – the Libyan Stock Market, Iraq Stock Exchange and Damascus Securities Exchange.

EDI has also expanded its network of translators with Korean, Indonesian, Japanese, Chinese, Swedish, Norwegian, Danish speakers enabling the company to tackle markets where language is an obstacle to gathering timely data.

In 2010, EDI is looking at strengthening its excellent coverage of global corporate actions by working even closer with providers, clients and other markets participants with an emphasis on African and other frontier markets.

Related content

WEBINAR

Upcoming Webinar: Brexit: Reviewing the regulatory landscape and the data management response

Date: 11 May 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The...

BLOG

Lack of Equivalence Post Brexit Raises Costly Data Management Concerns

The UK has finally left the European Union. A trade deal was wrung out at the eleventh hour, allowing the two sides to trade with zero tariffs and quotas, but the financial services industry has been left hanging – with talk of an MoU around the regulation of financial services being reached by March 2021...

EVENT

RegTech Summit New York City

Now in its 5th year, the RegTech Summit in NYC explores how the North American financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook – Fourth Edition

Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...