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 Financial Data 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.
This Friday, Team Intrinio cut the ribbon at a brand new office in St. Petersburg, FL. We share the new office building with our friends at Check I’m Here – the world’s best campus engagement platform. With #fintech and #edtech together under one roof there is a heck of a lot of innovation going on.
Intrinio’s stock API was designed by financial professionals for developers, a rare situation in the world of fintech. This makes the API easy to integrate and scale for a developer while the data structures are intuitive for financial analysts.
Even with this solid foundation, getting started with the API can be challenging – developers need to understand how to work with a RESTful API and understand financial data. This article explains a few of the resources Intrinio has made available to help you get started. It contains three major sections:
A summary of the tools you’ll need to get started using the API
An explanation of how to make your first API call
A list of SDKs that include sample code in many languages
Intrinio likes to give its users the flexibility to calculate their own metrics and ratios – if you can see what is under the hood, it makes it easier to understand what the data is telling you. We do, however, calculate more than 100 of these data points for you, which saves time and computing power on your end.
Most investors don’t care, or need to know the subtleties that go into calculating some of the more complex ratios, but for more advanced users the differences in methodologies can make a big difference. This post outlines a few of the data points that users have asked about. Feel free to post any you are interested in in the comments and we will add them as well.
Most users are familiar with the dividend yield of a stock and many investors like to keep an eye on this important metric. Usually when an investor sees a yield, they are looking at the trailing dividend yield, which is usually the way an Intrinio user will want to see the data.
Intrinio uses the tag trailing_dividend_yield for this datapoint; however there are many more ways to think about and calculate a firm’s dividend. There are many types of dividend tags and many ways to get data about dividends and some companies report dividends in different ways as well.
This diversity of dividend options makes it important to explore the different ways you can access dividends. The following lists show the numerous ways dividends can be pulled from Intrinio data.
Intrinio gets requests from users for many types of financial data- since Intrinio’s prices and terms are some of the most user friendly in the industry, investors and developers want to see us expand coverage so they can stop using more expensive alternatives. What follows is a list of our most frequently requested data types, what we cover in that area, and our plans to expand:
Intrinio currently provides fundamentals and pricing data for securities that file with the SEC, meaning that our coverage is limited for entities outside of the United States. One exception to this are a small group of indices for which we have end of day and historical price data:
Team Intrinio wanted to build a tool leveraging our data that would enable our users and Excel users around the world to instantly screen US equities – without ever having to leave the Excel platform.
We’re pleased to have worked alongside Microsoft to deliver our customers with an innovative tool that will help save you time and provide better insights. We constantly strive to leverage Intrinio data into new tools to enhance your experience.
This stock screener is the first of its kind – no longer do you need to tinker with outdated and inflexible screeners on the web, only to have to export to Excel and re-organize the outputs.
Intrinio Excel add-in Now Supports Excel 2016 for Mac
We know we’re late on this one – but we’ve been busy bees!
The Intrinio Data Feed can now be accessed via Microsoft Excel 2016 on Mac operating systems.
Intrinio offers the most affordable financial data feed on the market, and it’s the only data feed compatible on both Mac and Windows operating systems. We strive for unprecidented flexibility, cross-platform compatibility, instant customer support, and prices that make you do a double take.
We’ve unleashed the power of aggregating industry statistics so that you can efficiently perform top down analysis. This data is based on company reported Standard Industrial Classification numbers. These indices are updated monthly, reflecting all newly reported filings.
An Intrinio SIC Index is created with the following format: $SIC.XXXX.
-> returns aggregated industry statistics for the Oil & Gas Field Services