Exchange Data International (EDI) announces partnership with XTAL Strategies.
Exchange Data International (EDI), a leading provider of global security corporate actions, pricing, and reference data services, has announced an exclusive partnership with XTAL Strategies, with the aim to support XTAL’s new regulated private market benchmark initiative.
The benchmarking initiative is launched in anticipation of the EU Benchmark Regulation (BMR – EU 2016/1011), coming into force in 2022, and will require EU-supervised users of indices to only use benchmarks that comply with the EU BMR. The EU regulation will impact investors and financial service providers globally.
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