Clients of Exchange Data International (EDI) will now have access to worldwide corporate actions, closing prices and reference data via The Beast Apps, in addition to the BondΣ service, which is already available.
By partnering with The Beast Apps, EDI is enabling clients to gain a more detailed view of their holdings and accurately calculate the risk of their portfolios.
Clients can benefit from The Beast App’s experience in making access to data available using Excel, browser and mobile devices and EDI’s knowledge of market data and analytics.
This collaboration combines EDI’s services with BeastExcel technology from The Beast Apps, which is a provider of financial technology and services helping deliver access to data, analytics, liquidity, compliance, risk and valuation service based applications through cloud or a private data centre.
Clients of EDI can now access all data and analytics for securities in their portfolios using browser, Excel, tablets or smartphones. Clients will be able to take advantage of this service for accessing EDI data and analytics directly using Excel through the cloud, without the need of any programming or ftp download, which will help the workflow integration challenges. Members of teams will be able to work collaboratively together and will be able to see real-time changes updating in Excel as soon as the data becomes available.
Jonathan Bloch (pictured), CEO of Exchange Data International, says: “EDI is pleased to provide its data through The Beast Apps. This will allow clients to manipulate the data, view it on their desktops and save on integration costs. EDI is targeting the buy side and front offices with this application.”
Ashok Mittal, President of The Beast Apps, says: “Excel is a very powerful tool and is a de facto integration tool for most professionals. The Beast Apps’ ability to deliver data, analytics or trading directly into Excel in an existing spreadsheet, through the cloud, without any programming helps solve workflow challenges. The data updates automatically as soon as it changes, without having to do anything. We are happy to extend our relationship with EDI and make their worldwide corporate action, closing prices and reference data available directly from Excel.”