About

Databento provides a self-service platform that allows users to access market data quickly and easily. Users can obtain live exchange feeds and large amounts of historical data, only paying for what they actually use. This flexibility makes it suitable for a wide range of clients, from large financial institutions to small startups. Unlike many competitors, Databento operates on a pay-as-you-go model, which helps users manage costs effectively. The company's goal is to simplify the process of accessing market data, making it more accessible and affordable for everyone in the finance and fintech sectors.

Simplify's Take

What believers are saying

• Databento's pay-as-you-go model aligns with the trend towards transparent pricing.
• The launch of zero license fee bundles could increase Databento's market share.
• Growing demand for low-latency data services benefits Databento's offerings.

What critics are saying

• Upcoming pricing changes in 2025 may lead to customer dissatisfaction.
• Increased competition from established providers like Bloomberg and Refinitiv.
• Free public time services could increase operational costs without direct revenue benefits.

What makes Databento unique

• Databento offers a unique self-service model for financial market data access.
• The company provides zero license fee US equities bundles, a first in the industry.
• Databento's colocation in trading venues ensures low-latency, high-fidelity data capture.

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