With data from the internet, web scraping for finance has the potential to disrupt the financial services sector.
The access to financial data on the internet has opened up new possibilities, offering the inputs required to forecast trends, make smarter investment decisions, automate buying and selling, engage in arbitrage trades, and develop new fintech products.
How quickly is the world around us changing?
Big data is already being used by the newest wave of fintech to offer them an advantage over both traditional financial institutions and older fintech firms. They can forecast client behavior, do intricate risk assessments, and customize their services to an unprecedented degree thanks to data.
We utilize the Scraping Intelligence platform every day, not just for commercial initiatives, but also for investment possibilities and internal projects. Some members of the team even utilize it to simplify their daily work. Basically, we contact Scraping Intelligence anytime we need to collect and operate with data.
offering meaningful data to premier banks and fintech companies
How Web Scraping and Web Automation Affects the Finance Industry?
Price tracking
Price fluctuations for stocks, cryptocurrencies, FX, bonds, and bank products may be tracked at scale on the websites of your choosing. Streamline your price and interest rate monitoring to fine-tune your pricing approach and improve your results.
Risk reduction
Be aware of any looming events, such as severe weather, flooding, or Elon Musk tweeting, that might have an unforeseen influence on value. Receive real-time notifications when unexpected patterns are first suggested by social media, news websites, or meteorological authorities.
Monitor Rate fluctuations
To stay ahead of developing trends and preserve your investment, keep an eye on key rating agencies such as Standard & Poor's (S&P), Moody's, and Finch for rating changes and the latest news. For market analysis, machine learning, or new product creation, collect other information that correlates with pricing, such as the Corruption Perceptions Index or other indices.
Exploitation automation on the web
By feeding your algo-trading with data from the internet, you may make faster trades and earn more money. Improve your trading strategy and get alerted when the price or other criteria for the financial instruments you've chosen change.
Get a Customized Fintech & Insurance Scraper for your Project.
- Outsourcing the execution of your web scraping project to the greatest professionals in the area.
- Set up a custom scheduler to extract data just when you need it.
- Simplify the surveillance of your chosen e-commerce websites and online storefronts while we handle the maintenance and assistance.
- Grab high-quality data from scraping e-commerce websites in your desired format (JSON, CVS, XLS, HTML) and neatly formatted for further processing.
- To remove the chance of human mistakes, use pre-built connectors or APIs for your existing tools to automatically transfer data.
