Monday, October 07, 2024

Fintech OpenBB aims to be more than an 'open source Bloomberg Terminal'

Good news! Competition is good, more competition is better!

Though, the website of this company is annoying!

"Terminally open: The Bloomberg Terminal is indispensable for many, but at $25,000 per year, only rich brokerages, banks and trading firms can afford it. OpenBB is a fledgling fintech that wants to take on investment research heavyweights with its new, free version of a financial data and tooling product."

"... The all-new OpenBB Terminal — not to be confused with the previous CLI-based OpenBB Terminal that the startup sunsetted in March — is a fully-fledged web app, though it strips out many of the premium features of Terminal Pro. It’s fully customizable, can run on any operating system or platform, and provides access to an AI-enabled OpenBB copilot. Like the previous OpenBB Terminal, the all-new web app is also free to use. ...

The OpenBB Terminal serves as a single end-point for accessing financial information from some 100 data sources, spanning equity, options, forex, the macro economy and more. Users can also throw all their new data into the mix — the community has previously contributed financial datasets such as historical currency exchange rates and crypto pricing data. There are also a slew of extensions and toolkits to bring more functionality to OpenBB — such as an AI stock analysis agent. ..."

Fintech OpenBB aims to be more than an 'open source Bloomberg Terminal' | TechCrunch "Startup launches free AI-enabled financial terminal"

Screen shot of the website when you first visit it


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