Financial News API

Businesses and their investments are constantly influenced by new trends and events across the markets. With enough research, it is possible to see these influencing factors forming, providing enough time not only to prepare but turn them into a lucrative opportunity. Without such research, however, these factors may hold the potential to completely disrupt your endeavours.

From financial reports and political press releases, to scouring through hundreds of opinion-based social media posts, it can be challenging to remain abreast of all the ever-changing news in your industry. The time spent researching, collecting and cleaning data for consumption is highly impractical, which is why many modern organisations now rely on the Nexis® Data+ financial news API to connect their various internal systems and platforms with third-party data sources.

What is a Finance News API? 

A finance news API is a code developed to provide refined access to relevant financial information and data from multiple sources, such as stock market quotes, index changes, currency exchange rates, interest rates, economic statistics, and consumer sentiment. These APIs are typically used by financial market data & service providers, such as exchanges and trading platforms, to get the latest financial news directly into their systems. They can also benefit anyone from retail investors to large organisations, building out insights to help them to make more informed investments. 

Users can integrate many different types of APIs to access their preferred financial data. For example, many will be tailored to focus solely on simple pricing information for stocks and other investments, while others hold more complex tools for analysing market trends. Additionally, some APIs may be geared towards specific industries, such as cryptocurrency trading or business finance management.

Once retrieved and the financial information flows into their applications or websites, users can also use sophisticated, AI-backed technology, such as natural language processing (NLP) and machine learning to review more enriched metadata. This enables them to search not only via macro topics and larger business activities, but also more specified queries and keywords to return relevant results. 

Finance News API Uses 

Whether you’re searching for news to understand the potential impacts on your product supply chains, to gauge the sentiment around recent stock market prices, or even to monitor the public perception of your competitors’ brands, the Nexis® Data+ financial news API can assist.

One of the most common applications is supplying collated finance and investment news to an online community as part of your service. The data is sourced from thousands of publications, newspapers, blogs, social media pages and more, providing either a comprehensive overview of a market, or specific coverage of an event in a niche sector.

Naturally, users can also apply news and associated data to answer pertinent questions that might impact their business decisions or investments. For example, it helps to assess how markets react to interest rate rises or the growing trends surrounding more sustainable energy alternatives. It can even help to keep tabs on prominent figures in a certain industry and their announcements to monitor the effect on stock or crypto prices.

By investing in a finance news API, you free up countless hours in data collection and cleaning to spend on:

• Researching new opportunities
• Exploring the triggers behind buying/selling trends
• Understanding the moves in stock and crypto prices
• Documenting public perception of brands
• Conduct product development 

LexisNexis® Solution to Finance News API 

By selecting Nexis® Data+ as your third-party provider for data APIs, you can utilise information from both historical and current news sources, delivered in a single, structured dashboard for review. We are proud to offer the largest news data repository in the industry, with over 80,000 licensed print and web news sources from across 100 countries, spanning 45 years and available in 75 languages. There are also 4.5 million free documents being added each day, including blogs and social commentary, to ensure you receive comprehensive insights into your field of research.

 

Speak with us at LexisNexis® today to revolutionise how you operate with a financial news API.