Investment Product Launches for the Week

Expanded equity analytics data service from Exchange Data International and new portfolio models from Pershing LLC.

Advanced Equity Analytics from EDI

Exchange Data International (EDI) announced the expansion of its equity analytics data service for investment professionals.

EDI bills itself as a securities and corporate actions reference data specialist. The firm says it has added new capabilities to its comprehensive securities data offering, Worldwide Equity Analytics.

The service now enables clients to better identify the sources of risk and returns in their portfolios and project their volatility. It comprises a customizable set of more than 60 equity-derived data fields, such as average daily volume, simple moving averages, alpha, beta and R-squared.

In addition to the analytics data, the service contains “key reference and pricing data providing clients with a comprehensive overview of the global equity market,” according to EDI.

“In the wake of the financial crisis, governance, compliance and risk management have become prime factors affecting financial services,” adds EDI Chief Executive Officer Jonathan Bloch. “As a data provider, it is important for us to ensure we supply clients with data that enables them to make informed decisions and allows them to comply with their risk management criteria. The Worldwide Equity Analytics service was the logical next step after the launch last year of our bond analytics dataset.”

The Worldwide Equity Analytics service is available as an end-of-day feed via file transfer protocol. The file can be customized as regards data fields, exchanges or countries covered.

NEXT: Pershing adds model portfolios 

Pershing LLC, a BNY Mellon company, announced the addition of four third-party model providers to its Retirement Plan Network, a platform that provides advisers with tools, solutions and technology to service their retirement plan business.

The new model providers added to the platform include 3D Asset Management, Efficient Market Advisors, Morningstar Investment Services Inc. and Wilshire Associates Incorporated.

With the new additions, Pershing says the Retirement Plan Network provides a diverse menu of goals-based and target-date models. Each manager was selected for its unique perspective on model construction and management.

Marc Caras, director of Pershing's Retirement Plan Network, says the addition of third-party model providers gives plan advisers a broad selection of professionally managed investment models to meet the varying needs of plan sponsors and their participants. “With access to more robust investment options, plan advisers and sponsors will be better equipped to help plan participants achieve their desired retirement outcomes,” he adds.

In addition to providing professionally managed investment options, Pershing's Retirement Plan Network features Retirement Model Manager for plan advisers who wish to manage their own investment options. Through this new manager, advisers can create and manage models—which they can deliver across recordkeepers and plans—without having to log into separate systems.

More information is available at