EDI launches funds data service for Luxembourg
15 February 2023 Luxembourg
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Global security corporate actions, pricing and reference data services provider Exchange Data International (EDI) has launched the Luxembourg Funds Data Service.
The new service covers more than 50,000 share classes spanning over 400 fund management companies. This breadth allows for comprehensive reference and corporate actions data across the majority of European funds, EDI asserts.
In January, EDI partnered with PRS Group to give clients access to quant-driven geopolitical data, with countries scored according to the political, economic and financial risks associated with them.
Tony McCormack, head of global investment funds at EDI, says: “The launch of the Luxembourg Funds Data Service is a continuation of EDI’s strategy to cover all tradeable assets in the market. Luxembourg is the largest fund market in Europe and second only to the US globally.
“Along with the recent launches of the UK and Ireland, and the expansion of our translation services, EDI now covers 90 per cent of all funds in Europe.”
The new service covers more than 50,000 share classes spanning over 400 fund management companies. This breadth allows for comprehensive reference and corporate actions data across the majority of European funds, EDI asserts.
In January, EDI partnered with PRS Group to give clients access to quant-driven geopolitical data, with countries scored according to the political, economic and financial risks associated with them.
Tony McCormack, head of global investment funds at EDI, says: “The launch of the Luxembourg Funds Data Service is a continuation of EDI’s strategy to cover all tradeable assets in the market. Luxembourg is the largest fund market in Europe and second only to the US globally.
“Along with the recent launches of the UK and Ireland, and the expansion of our translation services, EDI now covers 90 per cent of all funds in Europe.”
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