Money.Net

Money.Net Inc is a privately held financial data technology company and financial data vendor based in New York City.[3]

Money.Net
IndustryFinancial Data
Founded1999[1][2]
FounderHarold Louis Van Arnem IV[2]
Headquarters
New York City, New York
,
US
Key people
  • Vincent Sangiovanni, CEO
Websitewww.money.net

History

Money.Net provides real-time live streaming financial market information such as prices, breaking financial news, technical analysis charts, trade idea generation tools, and a spreadsheet API over the internet to individual traders and institutional trading floors.[4][5] The product coverage is global, and is multi-asset class, including equities, fixed income, foreign exchange and commodities. It also includes reference fundamental market data such as economic statistics and corporate actions.[6]

The Money.Net product provides "access to real-time market data and trends for a sliver of what" traditional market data terminals cost.[7]

Money.Net is a cloud-based platform for market data. According to current CEO Morgan Downey, Money.Net has about 50,000 paying subscribers.[8][9][10] It is one of the several cloud-based Financial Technology (FinTech) companies challenging dominant vendors in financial markets.[6] The product is available as a desktop application, via mobile devices, and through an excel spreadsheet API.[11]

In late 2016, the company announced that it had hired former Bloomberg Chief Content Officer, Norman Pearlstine, to develop a new financial news division relying heavily on artificial intelligence.[8]

See also

References

  1. "D&B". D&B.
  2. "S&P Global Market Intelligence". Bloomberg.
  3. "Money.Net - About". money.net. Retrieved 15 January 2014.
  4. "Money.net, Inc.: Private Company Information - Businessweek". investing.businessweek.com. Archived from the original on January 15, 2014. Retrieved 15 January 2014.
  5. "Ex-Bloomberg exec challenging terminals with mobile platform". New York Post. 4 October 2014. Retrieved 20 October 2014.
  6. "Upstart challenges Bloomberg's dominance as business data source". The Irish Times. Retrieved 10 December 2015.
  7. "An Entrepreneur Takes Aim at the Ubiquitous Bloomberg Terminal". entrepreneur.com. 6 October 2014. Retrieved 20 October 2014.
  8. Popper, Nathaniel (18 October 2016). "Startup Taking Aim at Bloomberg Terminals Hires Former Bloomberg Head". The New York Times. Retrieved 3 March 2017.
  9. "Money.net Expands Real-Time Streaming Portfolio and Introduces Premium Screamer Platinum Product. - Free Online Library". thefreelibrary.com. Retrieved 15 January 2014.
  10. "Archived copy" (PDF). Archived from the original (PDF) on 2006-11-02. Retrieved 2014-01-15.{{cite web}}: CS1 maint: archived copy as title (link)
  11. "Money.net adds etf, mutual funds data, bows mobile apps". Waters Technology. Retrieved 2014-07-30.
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