Exchange Data International (EDI) Introduces New Economic Indicator Service (EIS) in Partnership with AlgoCircle

London, United Kingdom, November 11, 2016 --(PR.com)-- 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.”

About Exchange Data International:

Exchange Data International helps the global financial and investment community make informed decisions through the provision of fast, accurate, timely and affordable data reference services. EDI’s extensive content database includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the Internet. The firm covers all major markets with special emphasis on emerging and frontier markets e.g. Africa, Asia, Far East, Latin America and Middle East. EDI is based in London, with offices in New York, India and Morocco. For more information about EDI, please visit http://www.exchange-data.com.

About AlgoCircle:
AlgoCircle Ltd is a UK based company with expertise in providing complete IT solutions in financial services sector. The focus is on providing financial services firms with algorithmic solutions that automate extraction of research intelligence from structured and unstructured data. AlgoCircle was founded by professionals with deep expertise in data, statistics and large scale programming, as well as long experience of the financial markets. AlgoCircle’s founders have gained their edge working in senior positions for banks and mutual funds as traders, asset managers, financial analysts and software architects. For more information about AlgoCircle, please visit http://algocircle.com/.