Exchange Data International Introduces Email Alerts For The Worldwide Corporate Actions Service

Exchange Data International (EDI), a leading financial and economic data provider, has introduced Corporate Action Alert Files to accompany their Worldwide Corporate Actions Service for upcoming effective and ex-dates.

The sheer volume of data covering public companies worldwide has made it challenging for financial market participants to keep up with all the activities undertaken by the corporate community

EDI’s Alert Files allows clients to receive a customized alert up to 30 days before the required corporate action becomes effective, providing investors ample time to make informed trading or investment decisions. Additionally, clients can receive an unlimited number of reminders before the events become effective.

All fields from EDI’s Worldwide Corporate Actions Feed are available, so the alert file could be based on a variety of dates, including Ex-Date, Record Date, Pay Date and Effective Date.

Jonathan Bloch, EDI CEO, said: “This is a timely addition to our services given that the US market will be going T+1 putting enormous pressure on back offices to be more efficient. These alerts will ensure that important dates are not missed.”