Boston, MA & New York, NY (PRWEB) September 08, 2015
FinTech Sandbox Executive Director Jean Donnelly announced today that Estimize is joining other leading providers of financial data in offering its data free of charge to startups selected to participate in this unique program. FinTech Sandbox startups will have API access to Estimize’s corporate earnings and revenue estimates for 1,500 domestic equity securities and 26 separate economic indicators crowdsourced from over 10,000 contributors, including thousands of buy- and sell-side analysts. Estimize is planning to expand its offering of economic forecasts to the international arena in the very near future.
Notes Donnelly, “Estimize is revolutionizing the way consensus earnings estimates are formed. That makes them a good match for FinTech Sandbox, where we are revolutionizing access to data for FinTech startups around the globe.”
FinTech Sandbox is a nonprofit whose mission is to promote entrepreneurship and innovation globally in the financial technology sector. Unique among organizations supporting startups in the burgeoning global FinTech ecosystem, FinTech Sandbox facilitates free access to financial data and infrastructure for up-and-coming startups. The six-month program includes:
A robust set of data feeds and APIs from a wide array of data partners
Cloud hosting from industry-leading infrastructure partners
Membership in a vibrant, global FinTech community
Estimize aims to produce a more accurate set of earnings estimates than those provided by Wall Street. The firm was founded in 2011 with the belief that investors are ready for an estimates platform built with an open and transparent philosophy. Estimize consensus estimates are regularly referenced in notable financial media such as Forbes, Barron’s, The Wall Street Journal, CNN Money, The Street, Investor’s Business Daily, and Businessweek. Estimize data is also available on major financial research platforms such as Bloomberg.
“Participation in FinTech Sandbox helps us fulfill our mission of democratizing access to data. We are also pleased to play a part in strengthening the global FinTech ecosystem,” says Christine Short, Senior Vice President of Estimize. “We believe the startups in FinTech Sandbox today will grow to become core customers in future years,” she added.
Estimize crowdsources corporate earnings and revenue estimates from the sell-side, the buy-side, and from independent contributors such as academics, private investors, and students. By leveraging a larger and more diverse community of contributors than Wall Street, which includes only sell-side expectations, Estimize has created a more representative data offering, as well as a more accurate one. More information can be found at http://www.estimize.com/ and https://twitter.com/Estimize.
About FinTech Sandbox
FinTech Sandbox is a Boston-based nonprofit founded to promote financial technology innovation globally by providing free access to critical data and resources to FinTech entrepreneurs and startups. Sponsors include Fidelity Investments, Devonshire Investors, Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel, SIX Financial Information, Goodwin Procter, and .406 Ventures. For more information, please visit http://www.fintechsandbox.org and https://twitter.com/fintechsandbox.