For years, financial professionals have relied on Bloomberg Terminal, a strong but prohibitively costly instrument that costs more than $25,000 per year. Due to the high cost, access to premium financial data and market insights is limited to major institutions, hedge funds, and high-net-worth individuals. The obstacles to entrance into financial research remain extremely high, putting independent traders, entrepreneurs, and academics at a disadvantage.
What is a Fincept Terminal?
Fincept Terminal is an open-source financial research platform developed for investors, traders, and analysts that want high-quality financial data at a reasonable price. The platform offers:
- Real-time market data, including stocks, currencies, commodities, and cryptocurrency. -Advanced Analytics: Instant insights with built-in analytical tools. -Macroeconomic and alternative data- Stay ahead of the global economy. -Customizable and Open-Source - Extend and adapt to your individual needs.
Why Open Source?
The banking sector has traditionally relied on closed systems with paywalls and black-box data. Our goal in making Fincept Terminal open source is to promote transparency, flexibility, and affordability. Developers may contribute, improve, and integrate the platform into their workflows, while financial professionals can customize the system to meet their specific requirements rather than being trapped behind proprietary solutions.
Who is this for? -Independent traders seeking low-cost or free alternatives to Bloomberg or Refinitiv. -Researchers and data scientists are interested in macroeconomic and alternative datasets. -Startups and fintechs seeking customized financial data solutions. -Hedge funds and institutions are seeking developer-friendly solutions.
The Future Of Financial Research
We think that financial data access should not be restricted to those who can afford expensive memberships. Anyone who wishes to properly research and interpret markets should have access to the same tools that the world's greatest financial organizations utilize.
If you are interested in investigating, donating, or integrating Fincept Terminal, visit:
GitHub repository: https://github.com/fincept/fincept-terminal. Product Hunt: https://www.producthunt.com/products/finceptterminal
I'd love to hear views, feedback, and contributions from the HackerNews community. How do you anticipate open-source transforming the finance research landscape? What features do you like to see in an alternative to typical banking terminals?