If you want to find out what Tesla's market capitalization was over the past ten years, and you want to access that data in Excel, it seems like it should be cheap and straightforward to do so. If you're a developer and you're looking to get the Oil Industry's performance charted on your website, it seems like accessing that data should be a no brainer. Thanks to a technology called XBRL, this has become easier over the past several years.
The truth is - there is a whole world operating behind the scenes of financial data feeds. There are professionals, companies, industries, governmental bodies and hundreds of thousands of employees working to deliver you your historical market cap.
Outside of the Intrinio Fintech Marketplace there aren't many options for accessing this data. The options that do exist are prohibitively expensive for two reasons.
- Financial data in its raw form requires normalization.
- Current normalization methods are manual and outdated
The Intrinio Fintech Marketplace was designed to make financial data affordable and easy to access. We are pleased to announce the expansion of that vision with the addition of a new data partner, Zacks, whose analyst estimates data will now be available in the marketplace.
Zacks forward and historical estimates of both EPS and revenue are a trusted source of information in the investment community. Intrinio's platform features disruptively affordable data feeds accessible for financial analysts in Excel and fintech developers via an API. Pairing Zacks analyst estimates with Intrinio's platform will provide Intrinio's users with a crucial data source and make it easier than ever to access Zacks data.
This article explains which Zacks data feeds will be available, how much they cost, and how to access them in Excel or API formats.
Intrinio launched a fintech marketplace this week and this blog explains why Intrinio is making this change, how the user experience will be the same, and how it will be different.
Why a Fintech Marketplace?
Intrinio's mission is to help investors save money and make time so they can live more meaningful lives. Investors need innovative applications that make data entry and analysis easier so they can spend more time conducting research, generating insights, and questioning assumptions.
The challenge developers face in creating these applications is getting data- traditional data providers make financial data for app development expensive and hard to use.