EDI is pleased to introduce its Net Asset Value Service (NAVs) for all investment funds worldwide. This includes the USA, Luxembourg, Ireland, the United Kingdom, Europe and other countries with investment funds.
This service aims to deliver a bespoke database of NAVs to financial institutions. Clients have the option to flexibly choose the Investment Funds share classes NAVs they would like to receive on a daily basis.
Tony McCormack, Head of Global Investment Funds at EDI, says “The addition of Daily Net Asset Values (NAVs) forms a key component of EDI’s pricing strategy. This represents a key expansion into pricing all asset classes. EDI already provides evaluated pricing on over 2 million fixed income instruments daily as well as all quoted securities worldwide. The addition of pricing investment funds fills an important gap”
Delivery options include API, FTP, Email with the following formats CSV, TAB, XLS and TXT. EDI’s operations team continuously monitor NAV releases 25/5 and updates clients at a mutually agreed upon time. Additionally, a weekly summary of MIS is made available to the client.
