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September 25, 2008

Advent signs corporate actions data agreement with EDI

Advent Software has signed an agreement with Exchange Data International, pursuant to which, the latter will provide worldwide equities and fixed income corporate actions data to Advent clients using the straight-through-processing Advent Corporate Actions service.

By CBR Staff Writer

Kevin Brady, executive director of Exchange Data International (EDI), said: We are very excited about our new relationship with Advent, as it brings EDI’s data to a new audience. Advent is a leader in their space, and this relationship demonstrates EDI’s commitment to building strong relationships with market leaders to provide the industry with high standard services.

Alison Swabowicz, senior product manager of straight-through-processing at Advent, said: We are delighted to be working with EDI in order to expand our international data offering. Recently we have seen increased interest in international corporate action data; and as we have seen more clients diversify into international markets, it has become apparent the importance for Advent to maximize coverage across a wide range of countries and corporate action types.


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