Why are there two APIs and what is the difference?
Our two API products serve two divergent use cases. The Data Feeds API is akin to a traditional data feed and is best suited to bulk transmission of entire datasets. The delivery of data is via an API (rather than an SFTP server). By contrast, the Preqin API is a transactional API, designed for clients who wish to call specific data points or smaller datasets on demand, e.g., to a CRM or analytics provider.
Why use the Data Feeds API?
This API is best for firms that wish to include Preqin data en masse in their existing workflows through bulk import of Preqin data into an internal database, data warehouse, or analytics tool. This allows you to access large quantities of data without exiting your existing platforms. Preqin data is integrated into the systems that you depend on daily.
What development resource do I need?
Our API products will typically require a software developer for implementation. To support you, Preqin's dedicated API & Data Feeds team, a 24-hour support desk, and Swagger documentation are all on hand to ensure the implementation and operation of your data solution is as smooth as possible.
If your daily operations include the use of third-party software, then a developer-free route may be more appropriate for your business. Preqin data is currently available through a range of providers including Backstop, DealCloud, Dynamo, Foliometrics, and S&P Global Market Intelligence.