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

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

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. 1 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. 1 2 "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. 1 2 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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