Vertical Management Systems (VMS), a provider of data, financial networking and account aggregation technology, has partnered with Exchange Data International (EDI), a specialist in supplying securities reference data, corporate actions and closing pricing information.
The partnership is aiming to enable VMS to expand into the distribution of domestic and global securities data. Coupling VMS’ mutual fund data solutions with EDI’s reference data services allows VMS’ clients to receive all their required information from a single trusted source.
“EDI is a natural partner for us and our clients,” says Kevin Rafferty (pictured), president and CEO of VMS. “We see a growing demand for data in the multiple financial industry segments we service. In addition to flexible pricing, clients can be assured that their securities reference data is the most up to date. Providing assurance and flexibility in a cost effective manner is at the heart of what we do. ”
“We are pleased to work with VMS to expand our data offering to clients,” says Jonathan Bloch, CEO of EDI. “With this partnership, we are now able to add mutual funds, corporate actions and dividends data to our current services which extensively cover equities, fixed income, and derivatives securities, making for a fuller, more robust offering.”
