01.30.2018

EDI Joins QuantHouse’s API Ecosystem

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced that Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem.

EDI is a provider of fast, accurate, timely and affordable data reference services. EDI’s extensive content includes worldwide equity and fixed income corporate actions, dividends, static reference data, closing prices and shares outstanding, delivered via data feeds and the Internet.

By integrating to the QuantHouse API, firms can access EDI’s securities reference data and end of day pricing services designed to enhance a quant’s trading decisions. Data coming into the ecosystem is normalised which ensures that services can be rapidly and widely distributed to the ever-expanding QuantHouse ecosystem community. QuantHouse’s API-enabled approach also accelerates firms’ readiness for the future reality of entirely automated, artificial intelligence, machine learning-driven and multi-asset class trading.

Jonathan Bloch, Chief Executive Officer, EDI, said, “QuantHouse’s model offers an open and flexible API- enabled framework which we anticipate will dramatically increase the distribution reach of our data reference services. QuantHouse’s API Ecosystem removes the complexity of API build and allows customers to access EDI on demand and within a faster implementation timeline.”

Pierre Feligioni, Company Co-Founder and CEO, QuantHouse, said, “We see EDI as an enormously valuable addition to the QuantHouse Ecosystem. Traders need access to complete reference data services and at an efficient price point. As the original cost of API build has been born by QuantHouse, the frictional costs of adoption of services such as EDI’s are reduced and there is no need for members to set up subsequent APIs to access additional services in the future.”

Source: QuantHouse

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