IOWArocks has announced that it has added Exchange Data International (EDI), provider of global security corporate actions, pricing and reference data, into its fast growing marketplace.
Jonathan Bloch, Chief Executive Officer, EDI, commented on the news:
Driven by the need to reduce costs, coupled with wanting more choice and control, many of our clients are looking beyond the major data providers in order to acquire the data sources they require. This is particularly relevant for smaller or niche firms who are new to the data business and require specialised or more limited data sets.
Through the IOWArocks marketplace we can now provide our users with a ‘pick and mix’ approach to data acquisition. This not only liberates them from the onerous restrictions and escalating costs imposed by the incumbent, proprietary suppliers, but many more users can now have access to a comparable data provision service at a much reduced price.
We are on a mission to further democratise the provision of cost effective, high quality data to a much wider audience of users and we believe that partnering with IOWArocks will help us to achieve this goal. It’s a win win situation for everyone involved.
IOWArocks is an independent “one stop shop” for all types of data, real-time, delayed, snapshot, end of day, historical, reference and alternative, enabling all content creators to seamlessly connect with a global audience of content consumers.
Paul Watmough, Founder and CEO of IOWArocks concluded:
The collaboration with EDI adds a rich source of new data sets to our platform and we are delighted to be working with a business of this calibre.
We share a common goal of wanting to provide on demand, and easy access to all data sources at the best possible price to whoever needs it by whatever means. This new partnership brings both firms another step closer in delivering against this shared objective.
We are looking forward to a long and fruitful relationship with the EDI team, supporting them to harvest the many new business opportunities IOWArocks can provide.
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