EDI Offers Advanced Equity Analytics

The service now enables clients to better identify the sources of risk and returns in their portfolios.

Exchange Data International (EDI) announced the expansion of its equity analytics data service for investment professionals.

EDI bills itself as a securities and corporate actions reference data specialist. The firm says it has added new capabilities to its comprehensive securities data offering, Worldwide Equity Analytics.

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The service now enables clients to better identify the sources of risk and returns in their portfolios and project their volatility. It comprises a customizable set of more than 60 equity-derived data fields, such as average daily volume, simple moving averages, alpha, beta and R-squared.

In addition to the analytics data, the service contains “key reference and pricing data providing clients with a comprehensive overview of the global equity market,” according to EDI.

“In the wake of the financial crisis, governance, compliance and risk management have become prime factors affecting financial services,” says EDI chief executive officer Jonathan Bloch. “As a data provider, it is important for us to ensure we supply clients with data that enables them to make informed decisions and allows them to comply with their risk management criteria. The Worldwide Equity Analytics service was the logical next step after the launch last year of our bond analytics dataset.”

The Worldwide Equity Analytics service is available as an end-of-day feed via file transfer protocol. The file can be customized as regards data fields, exchanges or countries covered.

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