MavaIQ Currencies API brings rich Currency Data to the Cloud

This week MavaIQ launched it’s new currencies API and Excel Service as a one-stop source for self-service, pay-as-you-go, institutional-grade FX market data, available on-demand in Excel and via a REST API (XML and JSON).

MavaIQ data goes beyond the usual currency feeds and delivers institutional-grade FX market data by performing extensive data enrichment, minimizing or eliminating the additional calculations consumers have to perform in order to extract knowledge insights. This means that querying their easy to use API with smart queries such as:

http://api.mavaiq.com/v1/MavaIQCurrencies/ExchangeRateSimpleMovingAverages

Goes beyond just current values but provides 5 to 200 day and year-to-date moving averages of the exchange rate. Other calls return Sharpe and Sortino ratios to help evaluate currency investment risk.

“MavaIQ Currencies delivers institutional-grade FX market data by performing extensive data enrichment, minimizing or eliminating the additional calculations consumers have to perform in order to extract knowledge insights. We continue to perform additional data enrichment on MavaIQ Currencies based on the feedback we receive from our customers,” said Kene Oliobi, MavaIQ’s Head of Product Development.

MavaIQ’s API structure already reflects this aim – by bundling important information together into call types which align with common needs – this reduces the number of calls users of the API need to make and speeds up both time to integration and run-time usage.

Service information is on the MavaIQ site and the new developer portal is over at https://developer.mavaiq.com/ and listed at programmable web.