EDI Launches bondΣ, A New Bond Analytics Service, In Partnership With The Beast Apps

EDI has teamed up with New York based The Beast Apps to deliver a new fixed income tool to their customer.

London, March, 17th 2014 - Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, in partnership with The Beast Apps announced today the release of its latest data feed, bond^Σ.

The new service provides clients with the necessary data to comply with regulatory requirements, perform risk analysis and test investment strategies. It combines EDI's fixed income and pricing data with algorithm apps from The Beast Apps, a provider of a cloud based Financial App Store offering access to data, analytics, risk and valuation services, to generate an initial set of 11 fixed income derived data fields such as Yield to Maturity, Modified Duration, Effective Duration and Convexity.

bond^Σ currently covers 150,000 debt securities including Government and Corporate, Fixed Rate, Floating, and Convertible issuance, providing clients with an insightful report on the global fixed income market. It also gives clients access to crucial data to value and efficiently manage their portfolio. EDI is currently looking to plug in pricing for a further 50,000 securities in order to cover all traded listed bonds. The feed will be delivered the next day by 8am GMT.

"EDI development strategy is to integrate rich deep content sets within the decision making requirements of global trading and administrative business functions. By partnering with The Beast Apps, EDI is enabling clients to gain a more detailed view of their holdings and accurately calculate the risk of their portfolio.", says Kevin Brady, Executive Director at EDI.

"Clients of the bond^Σ service benefit from The Beast Apps' experience in writing algorithmic formulae and developing financial applications, as well as EDI's in-depth knowledge of market data.", he added.

"The Beast Apps is solving the "Last Mile Problem" for the providers of financial data by delivering apps through the cloud at a "Desktop Speed". By partnering with EDI, through bond^Σ, we provide clients with direct access to critical end of day and analytics pricing for valuing and managing their fixed income portfolios effectively.", says Ashok Mittal, President, The Beast Apps.

In addition to distributing the bond analytics data via the bond^Σ feed, the partners have also agreed on delivering the analytics data via The Beast Apps. The apps enables clients to access the information using Excel through the cloud helping workflow integration challenges without any programming being required. It also allows them to collaborate in real time with colleagues and clients which is more efficient than just using IMs and email.

Barchart integrates EDI's Worldwide Equity Pricing Data

EDI's worldwide corporate actions , pricing and reference data data sets now available via Barchart OnDemand.

Chicago, IL – March 12, 2014 - Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, today announced availability of its worldwide equity market data through Barchart OnDemand.

Barchart.com, Inc., a leading provider of market data and information, now delivers end-of-day and historical equity pricing from over 170 exchanges. Combined with Barchart’s global futures, commodity and foreign exchange coverage, Barchart OnDemand has become a single source for pricing on multiple asset classes. Barchart OnDemand is a cloud-based service developed for accessing and delivering market data and information using web services. Barchart OnDemand is built upon the Amazon Web Services (AWS) cloud infrastructure and features the ability to easily access an extensive amount of market data and information.

"We are working to introduce many additional sets of market data across all asset classes through Barchart OnDemand. We are very happy to work with EDI on integrating such a large piece—global equity pricing," said Barchart President Eero Pikat. "Barchart OnDemand is extremely flexible in both the market data it can integrate and in its delivery of the data," added Pikat.

"We are very pleased to work with Barchart to make our end-of-day equity prices available through their cloud-based services. There is an increasing demand for multi-asset data from one source. With the data in the cloud clients can select exactly what they want and they do not have to support redundant data, as well as different loaders. EDI has specialized in providing end-of-day data from both the developed markets as well as emerging and frontier ones, so clients will have the opportunity of getting data from every exchange in the world no matter how small," said Jonathan Bloch, EDI's CEO.

Barchart OnDemand APIs support both GET and POST requests, as well as SOAP, and data can be delivered in multiple formats like XML, JSON and CSV. And, as a web services solution, Barchart OnDemand is compatible with any operating system, such as Windows, Linux, iOS or Android, and any programming language, such as Java, PHP or ASP.NET.

Barchart OnDemand provides cloud-based market data solutions to financial services, trading and investment firms; software and mobile app developers; digital media; commodity producers and processors; and, corporate investor relations and treasury departments. Barchart OnDemand can be used to supply financial data to front, middle and back-office software applications used for market analysis, trading, and accounting, as well as for integrating financial content into websites and mobile apps. Other applications include powering portfolio management tools, risk management systems and charting applications.

For more information, visit www.barchart.com/ondemand.