EDI and Investment Tools Launch Woodseer Dividend Forecasting Service

Exchange Data International (EDI) and Investment Tools have partnered and launched Woodseer Dividend Forecasting – a dividend forecasting data-set with global coverage.

Woodseer is the worlds most comprehensive dividend forecast data-set with 260,000+ forecasts across 40,000+ listings. www.woodseer.online

The Woodseer dividend forecast data is highly valuable for activities including stock selection, income planning, option pricing and dividend capture. Working from EDIs corporate actions database (dating back to 2012), the Investment Tools team spent a year developing the Woodseer algorithm which analyses predictable patterns to provide highly accurate forecasts of the payment amount, date and dividend type.

Jonathan Bloch, CEOof EDI said: We have been looking at forward dividends for some time and in Investment Tools Limited we have found a partner with the expertise, methodology and software that will meet the needs of our clients.

Based near Woodseer Street in the heart of Londons Fintech hub, Investment Tools team of analysts oversee the output to manually adjust where required and to constantly optimise the algorithm. The forecasts are available to clients broken down by region, country or index. Updated daily, the data is delivered via API, flat-file download or via direct site login.

Ed Dean, CEO of Investment Tools said: Dividend forecasting is a new and fast-growing sector and we are thrilled to have the opportunity to work so closely with EDI in combining their 20+ years of industry experience with our dividend forecasting expertise.