Exchange Data International (EDI), a securities and corporate actions reference data specialist, has added equity analytics data, Worldwide Equity Analytics, to its securities data offering.

Jonathan Bloch, CEO of EDI, said: “As regulatory and compliance needs grow investment firms need more and more analytics in order to enable them to calculate and gauge risk and compliance with the myriad of new regulations.”

“Exchange Data International now provides analytics for both bonds and equities covering over 50 data points,” he told Africa Global Funds.

This new service enables clients to identify the sources of risk and returns in their portfolios and project their volatility.

It comprises a customisable 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.

Bloch said that the addition of the Worldwide Equity Analytics service was the logical next step after the launch last year of their bond analytics dataset.

“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,” he said.

The Worldwide Equity Analytics service is available as an end of day feed via FTP.

The file can be customised as regards data fields, exchanges or countries covered.

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 in Africa, Asia, the Far East, Latin America and the Middle East.