Barchart OnDemand: Integrating market data with financial market APIs
Tell us about the company and what it does.
Barchart OnDemand is built upon a mature infrastructure that has powered Barchart’s data feed, website content and trading software businesses for over 20 years. Built upon the Amazon Web Services infrastructure, Barchart OnDemand delivers a truly reliable and scalable cloud-based solution with our industry leading technology.
How is it different than other companies in the same space?
Barchart OnDemand is platform independent and offers direct access to exchanges which ensures high quality and low latency. With our extensive experience, diverse client base and enterprise-class service, we know market data and fully understand our client’s needs.
What is your revenue model? How will the company make money?
Our pricing model is based on the client’s market data usage and the type of data they require (real-time price data, delayed price data, historical market data, fundamental data, technical data, news, etc.). We offer flexible packages that are tailored to our clients’ specific needs.
Who is your target market? How big is the opportunity?
Our target market includes startups, trading and investment firms, software and app developers, and digital media providers.
Why are you and your team capable of succeeding?
With a team comprised of industry leaders and many years of experience, we believe we can give our clients exactly what they are looking for with direct, extensive and reliable cloud-based solutions. There is a lot of investment flowing into FinTech and we’re excited to be at the center of it!
What is your company’s next target? Milestone?
Our focus right now is to increase usage of our OnDemand APIs and grow our presence in the FinTech industry. We are also soon launching a series of free market data APIs to help new firms get started.
Can you tell us one unusual fact about your company?
Each pod in our office features photography from a different area of the city of Chicago (Chinatown, Lake Michigan, Magnificent Mile, etc.) All of the photography was captured by Barchart employees!