EDI expands corporate actions product offering
28 April 2023 UK
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Exchange Data International (EDI) has launched Corporate Action Alert Files, a new product built to accompany its Worldwide Corporate Actions Service.
The product provides users with an unlimited number of customised email alerts for up to 30 days before a corporate action comes into effect.
Alert files are available for dates from all fields in EDI’s Worldwide Corporate Actions Feed, including ex-date, record date, pay date and effective date.
This allows clients to keep up to date with corporate actions in a data-heavy environment, EDI says, facilitating more informed decisions.
Jonathan Bloch, CEO of EDI, comments: “This is a timely addition to our services, given that the US market will be going to T+1 and putting enormous pressure on back offices to be more efficient. These alerts will ensure that important dates are not missed.”
The product provides users with an unlimited number of customised email alerts for up to 30 days before a corporate action comes into effect.
Alert files are available for dates from all fields in EDI’s Worldwide Corporate Actions Feed, including ex-date, record date, pay date and effective date.
This allows clients to keep up to date with corporate actions in a data-heavy environment, EDI says, facilitating more informed decisions.
Jonathan Bloch, CEO of EDI, comments: “This is a timely addition to our services, given that the US market will be going to T+1 and putting enormous pressure on back offices to be more efficient. These alerts will ensure that important dates are not missed.”
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