S&P Capital IQ teams up with EDI to Expand Coverage of Global Dividends and Corporate Actions Data
PR Newswire
NEW YORK and LONDON

NEW YORK and LONDON, May 2, 2012 /PRNewswire/ -- S&P Capital IQ, a leading provider of multi-asset class data, research and analytics, today announced an arrangement with Exchange Data International (EDI) to offer a new global dividends and corporate actions data service, spanning over 128 countries and 150 exchanges worldwide. This new data service is now available to customers across Findataportal via a customizable consolidated data feed. The Findataportal is a user friendly platform that offers a wide range of capabilities including search, portfolio management, news alerts and feed functionality and offers a consolidated data feed of best-in-class North American data along with the rich Global data from Exchange Data International.

Clients can search, screen and download detailed announcements on over 50 corporate actions and distribution event types for over 1 million globally listed securities, including depository receipts, equity and preferred shares and covered warrants, and for over 45,000 global funds, comprising 371 REITS, over 7,000 ETFS and HLDRs trusts, 544 Closed End Funds, 15,045 North American Mutual Funds and 22,844 Unit Investment Trusts.

"This new data service offers clients unparalleled flexibility in terms of delivery and customisation across a depth and breadth of dividend and corporate actions information," says Rui Carvalho, Managing Director, Enterprise Solutions, S&P Capital IQ. "Thanks to our partnership with EDI, S&P Capital IQ is able to offer dividend and corporate actions data service with a truly global footprint."

Jonathan Bloch, C.E.O at EDI says, "We are very pleased to offer our Global Corporate Actions and Dividends alongside the S&P Capital IQ North American corporate actions and dividend service. For the first time clients will receive this information in a consolidated feed which will allow them to view primary and secondary listings across the globe in the same format. This is a powerful combination."

Applications

The new data service helps investment companies in a number of different areas. These include research for internal or client queries, confirming data from an existing primary data provider and access to data not supplied by a current provider. The service also allows users to conduct queries based on market trends (for instance, searches based on increases or decreases in, and omitted or resumed, dividends) for research, model building and risk management purposes.  In addition, users can calibrate information by specific date range, for instance by announcement date (for the front office), by record date (for securities processing) and by payable date (for account reconciliation).

The searching tools are also designed to aid with portfolio management, allowing users to search activity for securities in a portfolio based on any custom searching tools and thanks to the ability to activate automated client email alerts based on portfolio activity. Users can then also manage their portfolio or client portfolios based on positive or negative announcements or other reported activity on portfolio holdings.

About S&P Capital IQ
S&P Capital IQ, a business line of the McGraw-Hill Companies (NYSE:MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world.

We provide a broad suite of capabilities designed to help track performance, generate alpha, identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations, and Compustat; and research offerings, including Leveraged Commentary & Data, Global Market Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need. For more information visit www.spcapitaliq.com.

About Exchange Data International (EDI)
Exchange Data International (EDI) specialises in the collection and delivery of hard-to-get, accurate and high quality data to the financial industry. We provide customised data sets and ad-hoc feeds for Worldwide Corporate Actions, Worldwide Dividends, Worldwide End of Day Prices and Securities Reference Data. We pride ourselves on our flexibility and inventiveness and are committed to providing financial institutions with tailored business solutions. EDI constantly reviews and develops its product suite and geographic coverage to fulfil the financial industry's ever evolving needs.

SOURCE S&P Capital IQ