EDI Introduces New Economic Indicator Service in Partnership with AlgoCircle

EDI Introduces New Economic Indicator Service in Partnership with AlgoCircle
09.11.2016 11:45 am

EDI Introduces New Economic Indicator Service in Partnership with AlgoCircle

Data , Infrastructure

Together with AlgoCircle, EDI is pleased to announce the launch of the Economic Indicator Service (EIS) which expands its data coverage to include worldwide economic data.

The new EIS aims to deliver professional economic content to financial institutions on both the buy and sell side, and service providers. This new service currently covers 2229 recurring macro-economic indicators, such as GDP data, unemployment releases, PMI numbers etc. from 37 countries. EDI is enhancing this service by adding additional countries, including: Chile, Denmark, Egypt, Finland, Indonesia, Israel, Pakistan, Philippines and Taiwan.

Key information about EIS:

  •    Cloud-based service – which is delivered via HTML/JavaScript application formats, which can then be embedded onto any website using iFrames
  •    Alternatives methods available – such as JSON feed for economic calendar that can be integrated onto the company’s system
  •    Live data – updated 24/5, immediately after the data is released
  •    Historical data – includes feed of all previous economic indicators

Jonathan Bloch, CEO of Exchange Data International emphasized “EIS represents a new data set for economic data. We are very pleased to be working with AlgoCircle. We believe that we can provide an effective and timely solution to investment firms seeking to provide their clients with up to date economic statistics”.

In that regard, Narendra Joshi of AlgoCircle commented “AlgoCircle is a unique company combining domain expertise in financial sector with cutting edge digital solutions to convert data into Actionable Intelligence on real-time basis. We are delighted to be working with Exchange Data International, enhancing our value propositions to investment professionals”.

Related News

High-speed, high-volume data transfer facilitated by 5G will enhance industrial operations in connected factories

Frost & Sullivan’s recent analysis, Role of 5G Communication Revolutionising Industrial Internet of Things, finds that the... Read more »

Forecast by Robocash Group: 5G will boost financial inclusion in emerging markets in Asia

Driving improvements in the digital space, 5G has accelerated financial inclusion in emerging markets in Asia. Analysts of the financial holding ... Read more »

Xignite sees record demand for financial data during pandemic

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology... Read more »

D-ID Secures Over $13.5 Million to Protect Against Mass Surveillance

The software platform that removes key biometric data from photos and videos continues to protect industries and individuals

Read more »

LzLabs and T-Systems Team Up to Drive Mainframe Transformation

LzLabs today announced an Agreement with T-Systems, one of the world-leading cross-manufacturer digital service providers,... Read more »

SunTec Group collaborates with AWS to offer cloud-native applications that help clients improve customer experience and drive revenue growth

SunTec, a leading provider of revenue and billing management solutions,... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel