EDI Opens Montreal Branch Reflecting New Market Strategy and Appoints David Mallette

Exchange Data International after opening its US office in 2010 expands their North American presence by establishing themselves in Montreal, Quebec.

Montreal, August 31st, 2011, Exchange Data International (EDI) the specialist provider of global Reference and Corporate Actions Data has opened a new branch in Montreal to service its existing and growing Canadian clientele. At the same time, EDI has appointed David Mallette to advise on the Canadian Equity and Fixed Income market.

Prior to his appointment at EDI, David Mallette was one of the founding fathers of both FRI Corporation and Initram Data adding up to over 20 years experience in the Canadian Equity and Fixed Income Data Industry. Key driver of sales and marketing – from new product initiatives to developing large client relationships, David is a very accomplished executive and his appointment further strengthens EDI’s growth in Canada.

“In 2010, EDI opened its New York office, Canada was always the next step and considering the present market conditions in the US, it seemed appropriate to focus our effort on strengthening our growth and development in Canada.” says Jonathan Bloch, CEO at Exchange Data International.
David Mallette, Canada Business Development Manager adds: “EDI’s customisable and flexible solutions perfectly fulfil the Canadian Market Data Industry’s needs for accurate global data.”

EDI has developed a suite of deep and rich data sets that enable financial institutions to track, analyse and action complex event changes on a daily basis covering over 110,000 equities, 400,000 bonds as well as warrants, end of day pricing and specialised data products.