This article explains why a business would want to partner with us to license market data solutions. Read the companion article to see what’s included in the market data solutions we provide.
We’re a full-service financial data and data technology partner for businesses. We put together custom solutions across numerous providers, delivery mechanisms, and data types with world-class technology and support.
Market data includes prices and trade-related data for securities. Stock prices are the most common form of market data; however, even basic stock prices can come from exchanges across the globe in real-time, end of day, delayed, and other formats.
We provide many market data types, such as options and historical prices, directly through our API with SDKs and bulk downloads. We also have relationships with trusted partners, exchanges, and data platforms, which means we can provide multiple options and price points. We have a market data solution for most business use cases.
There are deeply discounted ways to license market data, but these low-cost solutions sacrifice quality. We have better prices than traditional market data vendors but better quality than cheap solutions. This value shows up in higher data quality, better service, faster turnarounds, easier integrations, and more successful applications without breaking the bank. No one else provides a similar market data product at a lower total cost of ownership.
We consider our clients partners and invest in their success. If our clients aren’t successful, they churn. If they are, they end up licensing more data from our platform. This seems obvious, but if you’ve worked with other providers you may have noticed a lack of attentiveness, slow communication, unresponsiveness to problems, and inattention to detail.
Our customers have it good. We assign account managers to each client, provide developers to help your developers set up your integration, and make our experts available via chat, phone, and email. It’s almost unhealthy, but we can’t help ourselves.
We can perform custom development work, convert complex solutions into simple language, and turn quotes and tickets around in hours instead of weeks. This relentless focus on customer success means that our clients get up and running faster and have their problems resolved quickly. It saves our customers money on their integrations and reduces their stress levels because they don’t have to navigate the complex world of financial data alone.
Market data is complicated. Your firm might license it once, or perhaps a few times over the course of several years. We’ve been through this process more than a thousand times. We know the exchanges and their requirements and fees, and we’ve matched those solutions to hundreds of applications, so we can recommend the most cost-effective solution for your business. Doing that on your own would require a lot of research, calls, and false starts.
Imagine you wanted to license real-time OTC stock prices. You would have to submit paperwork to the exchange requesting the data before they provided you with pricing for your business. We can ballpark your cost and discuss your options right away because we’ve already been down that road.
Beyond saving you sleepless nights wondering if you submitted your exchange paperwork correctly, we’ll save you a lot of money exploring solutions. To get data directly from most exchanges, you need to set up an expensive server in their data center and pay fees to connectivity partners in addition to exchange fees. In many cases, we can or already have set up these connections and can get your developers testing via an API in a matter of hours. Without that support, you would need to invest countless developer hours just to get connected.
Maybe your team runs on Linux servers and works in Ruby. Perhaps you prefer to write SQL against a database or need an FTP. We’ve been at the forefront of the fintech revolution for years and have developed the capabilities, both traditional and cutting-edge, that businesses need to access data.
From SDKs and API documentation to ticketing and bulk downloads, we’ve taken the pain out of data sourcing for thousands of clients so they can focus on analysis rather than obtaining data. The tools and expertise we’ve built over the years are unmatched by other providers.
Our team cares deeply about what they do. From account managers who are proactive about client success to developers who work late into the night to improve our data quality, we grind day in and day out so that you don’t have to worry about your data. We worry for you.