Exchange Data International Announces Partnership with Solve Advisors Inc.

Exchange Data International Announces Partnership with Solve Advisors Inc.

Solve Advisors Inc. is the leader in market pricing data for Fixed Income

London, 20^th 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

For additional information on SolveQuotes, please visit: www.solveadvisors.com/SolveQuotes

“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

m.pereira@exchange-data.com

+44 207 324 0020

SOLVE ADVISORS

Eugene Grinberg

CEO

001.646.699.5041

info@solveadvisors.com

Exchange Data International Announces Options Analytics Service

The new service gives users nine End of Day Options Sensitivities, five End of Day Implied Volatilities and Interpolated Volatility Surfaces.

London, 8th February 2018: Exchange Data International (EDI), is pleased to announce the release of a new service Options Analytics.

Serge Tchikanda, Ph.D. Options Analytics Analyst says: The Options Analytics Service is an institutional quality, end of day feed for options implied volatilities, volatility indexes, volatility surfaces, and options sensitivity parameters (Greeks) on global markets of exchange-listed options on equities, indexes, currencies, and futures. As an “Analytics as a Service” feed, the Options Analytics Service eliminates the costly investment in hardware infrastructure and labour typically associated with developing options analytics.

Covering over 10 million options and futures contracts and 10,000 issuers, the Options Analytics service uses daily updates and historical data to provide end-of-day analytics and reference data for U.S and international exchange-listed options on equities, exchange traded funds (ETFs), equity indexes, and futures. 

The service includes daily calculations of nine End of Day Options Sensitivities (Greeks - Delta, Gamma, Vega, Theta, Rho, Vanna, Volga, Speed, Lambda) and five End of Day Implied Volatilities and Interpolated Volatility Surfaces. It also provides Historical Volatilities time series for periods from 10 to 180 days.

Clients with access to this service will be able to run back tests simulation of trading strategies, generate risk and regulatory reports on portfolios of options and underlying securities, and perform in depth analysis of options positions.

In addition to implied volatilities and Greeks, the service also provides stock borrow rates implied from options prices for each options expiry. We further use a proprietary process on the implied borrow rates to generate time-series of constant maturity implied borrow curves for each stock.

Jonathan Bloch, CEO of EDI says: “Custodian banks, hedge funds, and asset managers can use the implied borrow curves to manage risk, make informed decisions on how to manage their equity financing costs, and create alpha generating trading strategies. Long term traders and securities financing desks can use the implied borrow curves to determine what financing rates look like 30, 90, 180, 360 days or longer into the future.” 

Media Contact:

Melissa Pereira, Dario Caputo

m.pereira@exchange-data.com

d.caputo@exchange-data.com

Tel: 0 207 324 0020  

  

About Exchange Data International: 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.