Startups accepted to the FinTech Sandbox program gained a new market data vendor to tap into their resources, as Barchart has joined as a partner. A non-profit organization, FinTech Sandbox is a consortium of financial and technology companies that provide subsidized or free services to fintech startups that are accepted into the program.
Joining the FinTech Sandbox, Barchart will be providing their market data services to startups in the program. Included in their list of services being offered are news and fundamental data, historical pricing, APIs, and end of day feeds for stocks, indices, futures and forex instruments. Due to the costs involved with sourcing market data, for startups, they benefit by being able to gain access to market feeds and historical prices as they are developing and first scaling their financial products.
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As part of FinTech Sandbox, Barchart joins other market data providers such as Xignite, Thomson Reuters and Six Financial Solutions. Mark Haraburda, Managing Director at Barchart commented about joining as he stated,
“Collaborating with FinTech Sandbox is an exciting step in helping start-ups acquire the data they need to develop their products and services.”