AlgoCircle is a technology-enabled platform, created to deliver professional financial market content to financial intermediaries across equity, currency, commodity and other markets.
London, 9 November 2016 – Together with AlgoCircle, EDI is pleased to announce the launch of
the Economic Indicator Service (EIS) which expands its data coverage to include
worldwide economic data.
The
new EIS aims to deliver professional economic content to financial institutions
on both the buy and sell side, and service providers. This new service
currently covers 2229 recurring macro-economic indicators, such as GDP data,
unemployment releases, PMI numbers etc. from 37 countries. EDI is enhancing
this service by adding additional countries, including: Chile, Denmark, Egypt,
Finland, Indonesia, Israel, Pakistan, Philippines and Taiwan.
Key information
about EIS:
- Cloud-based service – which is delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames
- Alternatives methods available – such as JSON feed for economic calendar that can be integrated onto the company’s system
- Live data – updated 24/5, immediately after the data is released
- Historical data – includes feed of all previous economic indicators
Jonathan Bloch, CEO of
Exchange Data International emphasized “EIS
represents a new data set for economic data. We are very pleased to be working
with AlgoCircle. We believe that we can provide an effective and timely
solution to investment firms seeking to provide their clients with up to date
economic statistics”.
In
that regard, Narendra Joshi of
AlgoCircle commented “AlgoCircle is a unique company combining domain
expertise in financial sector with cutting edge digital solutions to convert
data into Actionable Intelligence on real-time basis. We are delighted to be
working with Exchange Data International, enhancing our value propositions to
investment professionals”.
About Exchange Data International:
Exchange
Data International helps the global financial and investment community make
informed decisions through the provision of fast, accurate, timely and
affordable data reference services. EDI’s extensive content database includes
worldwide equity and fixed income corporate actions, dividends, static
reference data, closing prices and shares outstanding, delivered via data feeds
and the Internet. The firm covers all major markets with special emphasis on
emerging and frontier markets e.g. Africa, Asia, Far East, Latin America and
Middle East. EDI is based in London, with offices in New York, India and
Morocco. For more information about EDI, please visit http://www.exchange-data.com.
About AlgoCircle:
AlgoCircle
Ltd is a UK based company with expertise in providing complete IT solutions in
financial services sector. The focus is on providing financial services firms
with algorithmic solutions that automate extraction of research intelligence
from structured and unstructured data. AlgoCircle was founded by professionals
with deep expertise in data, statistics and large scale programming, as well as
long experience of the financial markets. AlgoCircle’s founders have gained
their edge working in senior positions for banks and mutual funds as traders,
asset managers, financial analysts and software architects. For more
information about AlgoCircle, please visit http://algocircle.com/.
