Exchange Data International and CounterpartyLink join forces to enchance the EDI's corporate actions and reference data with CPL's legal entity data.
London, April 5th 2006, Exchange Data International (EDI) and CounterpartyLink
TM have joined forces to provide an integrated data service, designed to save financial institutions time and money and help them comply with anti-money laundering (AML) and know your customer (KYC) regulations. Under the agreement, clients will be able to receive EDI's premier corporate actions and reference data linked to and supplemented by legal entity data provided by CounterpartyLink.
Financial institutions need accurate, consistent and complete reference data so they can increase efficiency through straight-through processing and shorten the settlement cycle.
