(Vocus) June 4, 2010
SunGard has expanded the market data content of MarketMap, its multi-asset market data, analysis and information services solution, with the addition of a new global corporate actions data feed from Exchange Data International (EDI), a leading provider of back-office securities and administrative data. According to EDI, the feed covers data for 78,000 equities, 4,100 depository receipts and 2,700 exchange-traded funds.
MarketMap provides access to data from more than 160 global exchanges and over-the-counter (OTC) sources. The new consolidated corporate actions feed will help MarketMap customers receive a range of corporate information issued from over 100 countries on the same user interface as the price information, helping keep access simple. It will also help to enrich MarketMap’s securities instrument and time-series databases with comprehensive price history adjustments, as well as merger and acquisition data, changes of ISIN, stock adjustments, capital changes and dividend payments.
Yassine Brahim, president of SunGard's global trading business, said, "There are over 40 different types of corporate action and every stock exchange issues them. On a typical day, up to 100 can be issued for each market. Therefore there are potentially thousands of corporate actions to process and interpret every day. By adding EDI’s global corporate action feed to an increasing range of data sources, MarketMap can help customers save both time and money in accessing and analyzing this data. Its addition is further proof that SunGard’s MarketMap can offer a cost-effective, integrated solution for customers seeking to receive and leverage market data to support investment decisions."
About SunGard's MarketMap
MarketMap provides the buy side and the sell side with financial market data, news, analysis, financial calculators and improved decision tools. Rapidly deployed and available on an ASP basis, MarketMap offers intuitive ease-of-use and is optimized for rapid navigation between multiple market views or workspaces. It is supplied with SMART (Subscriber Management And Reporting Tool), an integrated permissioning system, which allows users to monitor and control data costs in real-time.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company.
For more information, please visit SunGard at http://www.sungard.com.
Trademark Information: SunGard, the SunGard logo and MarketMap are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
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