Money.Net Explained

Money.Net
Industry:Financial Data
Founded:1999[1] [2]
Founder:Harold Louis Van Arnem IV
Founders:-->
Hq Location City:New York City, New York
Hq Location Country:US
Areas Served:-->
Key People:
  • Vincent Sangiovanni, CEO
Owners:-->
Website:
Homepage:-->

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. 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

Notes and References

  1. Web site: D&B. D&B.
  2. Web site: S&P Global Market Intelligence. Bloomberg .
  3. Web site: Money.Net - About. money.net. 15 January 2014.
  4. Web site: Money.net, Inc.: Private Company Information - Businessweek. https://archive.today/20140115230752/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=109264. dead. January 15, 2014. investing.businessweek.com. 15 January 2014.
  5. Web site: Ex-Bloomberg exec challenging terminals with mobile platform. New York Post. 4 October 2014 . 20 October 2014.
  6. News: Upstart challenges Bloomberg's dominance as business data source. . 10 December 2015.
  7. Web site: An Entrepreneur Takes Aim at the Ubiquitous Bloomberg Terminal. entrepreneur.com. 6 October 2014 . 20 October 2014.
  8. News: Startup Taking Aim at Bloomberg Terminals Hires Former Bloomberg Head. The New York Times. 18 October 2016 . 3 March 2017. Popper . Nathaniel .
  9. Web site: Money.net Expands Real-Time Streaming Portfolio and Introduces Premium Screamer Platinum Product. - Free Online Library. thefreelibrary.com. 15 January 2014.
  10. Web site: Archived copy . 2014-01-15 . dead . https://web.archive.org/web/20061102134907/http://www.business.att.com/content/customertestimonial/moneynet.pdf . 2006-11-02 .
  11. News: Money.net adds etf, mutual funds data, bows mobile apps . Waters Technology . 2014-07-30 . subscription.