EDI Adopts Bloomberg's Symbology

EDI's Corporate Action Service Adopts Bloomberg Open Symbology.

London, September 24th, 2012 - Exchange Data International (EDI), a premier back office financial data provider, today announced it adopted Bloomberg's Global Securities Identifiers (‘BBGID’) to name and track all equities securities in its Worldwide Corporate Actions service.

EDI is the latest financial data provider to adopt Bloomberg's Open Symbology (BSYM), an open and free-use system for naming global securities across all asset classes with a BBGID, a 12 digit alpha-numeric identifier for financial instruments. EDI has implemented BBGID numbers in its equities reference, pricing and corporate actions data feeds. Its Worldwide Corporate Actions service provides detailed information on 50 corporate action event types affecting equities listed on 160 exchanges.

"EDI decided to integrate Bloomberg's Open Symbology, as it is easily accessible and has no license fee or restrictions on usage," said Jonathan Bloch, the Chief Executive Officer of EDI. "Bloomberg's Symbology also advances straight-through processing of equity orders, which aids reporting and compliance management."

Peter Warms, Global Head of Bloomberg Open Symbology, said: "Existing identifiers that change due to underlying corporate actions introduce inefficiencies, increase costs and add complexity to the data management process. Bloomberg and EDI recognise the importance of comprehensive, open and unchanging identifiers, like the BBGID, in enabling customers to track unique securities consistently and to process corporate action data seamlessly. As BSYM grows in adoption, interoperability across market systems and software using BSYM will improve steadily and reduce operational costs."

EDI Launches A New Adjusted Pricing Service

EDI announces its new adjusted pricing service to further enhance the already existing closing prices feed.

London, September 20th, 2012 - London-based financial provider, Exchange Data International (EDI), today announced the launch of its new adjusted price feed service to complement its existing end-of-day pricing offering.

EDI has been providing closing prices and adjustment factors for securities around the globe since 2007 and has recently developed a new feed of adjusted pricing data providing clients with ready to upload data.

Exchange Data International Achieves ISO 9001 Registration From The British Assessment Bureau

Exchange Data International have been awarded the ISO 9001 certification for their outstanding commitment to quality customer service and delivery.

London, September 6th, 2012 - London-based financial data provider Exchange Data International (EDI) has been awarded the International Organization for Standardization (ISO) 9001 certification.
This independent assessment was conducted by the leading certification body, the British Assessment Bureau and demonstrates EDI’s commitment to customer service and quality in delivery. The assessment marks the first time EDI has won this certification.

The ISO 9001 requires organisations to have a quality management system in place to ensure high levels of performance and customer satisfaction. As a financial provider EDI fully understand the importance to clients of consistency in delivering quality data.