October 31, 2018
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You might not expect a company nearly 160 years old to innovate its industry. Perhaps that's why Thomson Reuters is looking to developers to create the next big thing for financial professionals. To get there, the company is sharing mountains of data via its new Knowledge Direct API and offering $25,000 in prizes for its app contest.
A partnership between a stock data site and open data platform Factual points to a potential direction of data sharing. Rather than build an API of its own, a company may choose to distribute its data through another platform, which in turn has the API for developers and other partners to access. That's the choice StockPup made and if monetization options were in place, others might do the same.
MX, a financial data platform that operates with the aim of powering modern financial experiences, has announced a new platform designed to provide partners with APIs that can be used to develop personalized digital experiences. This announcement Highlights: MX Portal, MX Platform API, and MX Path.