SEC Releases APIs to Aggregate Financial Data
The Securities and Exchange Commission announced open data enhancements that provide public access to financial statements and other disclosures made by publicly traded companies on its Electronic Data Gathering, Analysis, and Retrieval system (EDGAR).
The SEC is releasing for the first time Application Programming Interfaces (APIs) that aggregate financial statement data, making corporate disclosures quicker and easier for developers and third-party services to use. APIs will allow developers to create web or mobile apps that directly serve retail investors.
🔔 We’ve released our first-ever Application Programming Interfaces (APIs). 🔔
Check out our Electronic Data Gathering, Analysis, & Retrieval (EDGAR) system, which gives public access to important information submitted by publicly traded companies.https://t.co/lyZcW9gWBN pic.twitter.com/ef22bqwn3r
— SEC (@SECGov) August 19, 2021
“These new APIs make important information about public companies more accessible and usable than ever before,” said Jed Hickman, Director, EDGAR Business Office. “This marks another important milestone in the SEC’s continuing efforts to facilitate innovation and make financial disclosure data accessible to all market participants.”
The free APIs provide access to EDGAR submission history by filer as well as eXtensible Business Reporting Language (XBRL) data from financial statements, including annual and quarterly reports, Forms 8-K, 20-F, 40-F, and 6-K. The SEC anticipates adding more datasets in the future.
The SEC updates APIs in real time throughout the day as EDGAR submissions are made public. In addition, a bulk ZIP file—making it possible to download all the API data—is updated and republished nightly.
The APIs were made available for beta testing prior to today’s release, allowing for a period of public testing and feedback. To learn more about the APIs and how to get started, visit the API documentation page at https://www.sec.gov/page/sec-api-documentation.
Corporate Sustainability Reporting Directive elevates sustainability information to same level as financial.
Essentia analyses data to create behavorial “nudges” for fund managers' investment decisions.
Snowflake’s Financial Services Data Cloud helps data flow more seamlessly across industry transactions.
Artificial intelligence and machine learning, powered by cloud, are moving into mainstream use.
The trade repository failed to ensure data integrity and provide access to regulators.