Barchart Launches cmdty an Institutional Brand focused on Proprietary Alternative Data Solutions for Commodity Professionals
CHICAGO, IL - October 11, 2017 - Today, Barchart, a leading provider of market data and financial technology, announces the launch of cmdty, an institutional brand focused on the delivery of proprietary alternative data and information services for commodity professionals. Upon launch, cmdty by Barchart will offer proprietary OTC commodity indexes and assessments, a streaming commodity newswire, and will feature the inaugural rankings of the Commodity Leaders 150 Index™.
cmdty’s innovative new products and services offered across cmdtyIndexes™, cmdtyNewswires™, and cmdtyData™ are flexibly designed to easily integrate into decision making workflows from front to back office. Customers will be able access this data through multiple technologies and APIs, including web services, WebSockets, and over the flagship cmdtyView™ market data platform - which will be launched in early 2018.
“Commodity markets rely on information from trusted third-parties to provide insight into pricing, market activity, and news - and historically this information has been expensive and delivered by firms with a secondary focus on technology,” said Mark Haraburda, CEO of Barchart. “We are a technology first firm, and are excited to bring our experience as a leader in financial market data to the cash and OTC commodity markets - where we are confident in our ability to increase transparency and improve workflows across market participants.”
Barchart’s focus on delivering usable, clean, and accurate data is built into cmdtyIndexes OTC Grain Price Indexes & Assessments, which represent the first proprietary data product available through the newly launched cmdty brand. “Our smart, transparent, and accurate price assessments for Corn and Soybeans are designed to drive decisions for physical grain professionals,” said Keith Petersen, Barchart’s Head of Strategy. “This alternative data offering helps users ensure they are buying and selling at fair value, and can be used by systematic traders as a leading indicator for futures prices.”
cmdtyNewswires delivers actionable news, market analysis, and easily digested information on cash and OTC grain markets. Subscribers receive real-time premium content 24 hours a day containing information that matters, all delivered to the front end application of their choice - including Barchart Trader and the cmdtyView data platform, as well as through third-party integration.
About Barchart Barchart is a leading provider of market data and services to the global financial, media, and commodity industries. Our diversified client base trusts Barchart’s innovative Solutions across data, software, and technology to power their operation from front to back office, while our Media brands enable financial and commodity professionals to make decisions through web content, news, and publications. For more information, please visit www.barchart.com/solutions.