Exchange
Data International Announces Partnership with Solve Advisors Inc.
Solve
Advisors Inc. is the leader in market pricing data for Fixed Income
London,
20th February 2018 - Exchange Data International (EDI), a
provider of global security corporate actions, pricing and reference data, is
pleased to announce a partnership with Solve Advisors Inc., the leader in
real-time observable market data and message parsing technology for Fixed
Income.
Eugene
Grinberg, Co-founder, President and CEO of Solve Advisors Inc. said: "The real-time observable trade color
and workflow tools that Solve Advisors offers advocates for increased price
discovery and transparency that is beneficial for the buy side, sell side,
valuations and accounting firms, and many others in the financial markets. This extends to partnerships with other
leading data providers, such as EDI, as we look to align services to provide
the most comprehensive solutions."
Solve Advisors’ market transparency
and workflow solution, SolveQuotes, normalizes and organizes observable market
color and pricing data in real-time. It
allows clients to utilize their data to increase profitability with idea generation
(trends, dislocation, Rel Val), better trade execution, and improve business
processes. Aligning EDI and Solve
Advisor’s services, allows the companies to offer the leading market pricing
data solution to improve price transparency, giving clients the necessary tools
to make better business and investment decisions.
Solve’s price transparency data can be
accessed via the SolveQuotes platform or data feeds and includes:
● Message
Parsing: Advanced proprietary real-time message parsing that extracts
prices/spreads/yields, bids/offers/price talk/covers, sizes, in addition to
organizing daily bid lists and dealer inventories.
● SolveQuotes’
natural language processing algorithms don’t depend on templates and therefore
pick up pricing from highly unstructured conversational interactions.
● Solve
Market Data: Real-time observable market data shared by select Solve clients
that supplements your parsed pricing data to increase price transparency.
In addition to Solve’s datasets, the
SolveQuotes platform also offers workflow tools and solutions to increase
efficiency, including:
●
BWIC Calendar/Monitor with real-time aggregation of Price Talk
and Covers
●
Inventory Monitor that aggregates inventory and offerings broken
down by dealer
●
Portfolio management, screening, alerting, & visualization
tools
●
Tools to streamline the month-end process for middle office
& back office
●
Import & export functionality
“EDI is pleased to be able to make Solve solution more widely
available to its clients”, noted Jonathan
Bloch, CEO of Exchange Data International. “We see a growing market for
price transparency tools. The days of the fixed income market operating like
the wild west are beginning to come to an end”.
About Exchange Data
International (EDI)
Exchange Data
International (EDI) 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 that are Africa, Asia, Far East, Latin America
and Middle East. Headquartered in the United Kingdom, EDI has staff in Canada,
India, Morocco, South Africa and the United States. For more information about
EDI visit www.exchange-data.com
About Solve
Advisors Inc.
Founded in 2011, Solve Advisors is a
New York-based financial technology firm and a leading provider of real-time
observable market data and aggregation across multiple Fixed Income asset
classes including Structured Products (ABS, MBS, CLOs, etc.), Syndicated Bank
Loans, Corporates, and Municipals. SolveQuotes by Solve Advisors improves price
transparency and workflow efficiency in illiquid markets through proprietary
parsing technology and data aggregation of unstructured messages.
EXCHANGE DATA INTERNATIONAL (EDI)
Melissa Pereira
+44 207 324 0020
SOLVE ADVISORS
Eugene Grinberg
CEO
001.646.699.5041
