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 MarketMapâs 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 EDIâs 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 SunGardâs MarketMap can offer a cost-effective, integrated solution for customers seeking to receive and leverage market data to support investment decisions."