Exchange Data International (EDI) has announced the launch of its comprehensive data suite on the Snowflake Marketplace to help optimize data management costs, improve operational efficiency, and deliver near real-time insights for data-driven decision-making.
The partnership enables financial firms to enhance risk management, improve compliance tracking, and streamline end-of-day pricing analysis. By offering its data through Snowflake, EDI provides financial professionals with an easy-to-use solution for accessing critical market information.
Financial institutions seeking a scalable data solution can leverage this integration to improve workflow efficiencies. Snowflake’s marketplace provides seamless connectivity to EDI’s datasets, ensuring that organizations can incorporate high-quality financial data into their decision-making processes without the complexities of traditional data integration methods.
The 21 additional data products added to the Snowflake Marketplace cover a broad range of financial information, giving institutions the ability to analyze and act on market developments in near real time.
“High-quality financial data to an even broader audience”
Jonathan Bloch, CEO of Exchange Data International, stated: “Our collaboration with Snowflake enables Exchange Data International to deliver accessible, high-quality financial data to an even broader audience. Through Snowflake’s platform, our clients benefit from seamless integration, secure access, and near real-time data to support critical decision-making and drive business innovation.”
Kieran Kennedy, Global Head, Data Cloud Products at Snowflake, said: “By partnering with Exchange Data International on Snowflake Marketplace, we’re providing joint customers streamlined access to critical financial data that supports faster, data-driven decision-making. With EDI’s data on our platform, organisations can drive operational efficiency and unlock new insights across the AI Data Cloud.”
Joerg Guenther, President and CTO of Exafluence, commented: “We are pleased to support Exchange Data International in leveraging the Snowflake Marketplace and AI Data Cloud. With our expertise in IoT, Big Data, Machine Learning, and AI, Exafluence helps EDI enhance its data strategies and optimize the end-user cloud experience.”
EDI partnered with Code Willing to launch CWIQ platform
EDI recently partnered with Code Willing, Inc. to launch the CWIQ platform. The collaboration integrates EDI’s comprehensive datasets with Code Willing’s technology, offering hedge funds and asset managers a streamlined solution for data analytics and research workflows.
The CWIQ platform centralizes data from multiple sources into a single security master, significantly reducing the time required for data evaluation. By integrating EDI’s reference data, corporate actions, and pricing datasets, the platform provides users with faster and more efficient tools for quantitative research and model development.
The partnership aims to address common challenges faced by asset managers, such as data alignment and integration. The CWIQ platform is designed to eliminate these bottlenecks, allowing users to optimize trading strategies and reduce operational complexity. This enables quicker deployment of trading models and strategies, enhancing efficiency across the board.
