Xcitek, EDI Partner for Joint Sales

ORGANIZATION & STRATEGY

Exchange Data International and XcitekSolutionsPlus will announce this week a deal to integrate EDI's corporate actions data with Xcitek's XSP corporate actions processing software.

EDI will send its data directly to client-site implementations of XSP in an ISO 15022-format file either three times per day, at the close of trading in each time zone, or as a single, consolidated file following the end of the US trading day.

XSP is ISO 15022-compliant, and EDI has spent much of this year working