Investment firms and asset management companies can use finance web crawling for extracting data and analyze the fundamental trends. For instance, constant aggregation of performance data from the websites which operate in particular markets can expose trends. Amongst the most common use cases is the stock price monitoring of the required companies in a portfolio. As the data extracted could be easily used, it can be quickly used with the analytics system that can result in better investment approach.

You can use finance web crawling for different kinds of ratio analysis which consider company’s fiscal performance including profitability and solvency ratios. This analysis requires data aggregation from the income statements and balance sheets of previous years to get compared with the other industries and firms. All the data can get extracted in the clear formats from web minimizing efforts.

Rating agencies can use finance web scraping to observe and extract information from thousands of websites. They require real time updates which can drive accurate research & analytics. Eventually, it will provide a great value to their end customers like wealth managers, banks, institutional investors, etc. who can take immediate decisions using these insights.

Sentiment analysis directly applies on the data collected from different forums, social networks, and blogs. For example, Twitter data gives enormous value and conversation. Twitter with hash tagged tweets can be gathered and sentiment analytics could be done to rate bull & bear nature of this market on a particular scale.

Regulatory compliance is very important for any business in insurance and finance industry. Therefore, it is helpful to monitor the government websites to monitor any policy changes associated to the regulatory requirements. The institution needs to monitor government sites and news outlets to have live updates on important events which can directly affect their business. To achieve the same, they can hire a financial data scraping company like iWeb Scraping.

Crowdsourcing Taxonomies with tags are used for connecting trending topics with the organizations in which the investment could be made. These tags can be celebrity endorsers, brands, cultural movements, current-affair topics, and many more, everything which can influence your business. It can disclose buying & selling pattern of ETFs and stocks. In addition to that, professional investors and influencers can be followed and tracked so that discussion points and online mentions might yield insights on future movements of the market. It can be also used on Forex pairs, equities, commodities, and ETFs.

Venture capital firms should be well informed about latest technology trends as well as news surrounding to potential companies. Before making investment decision for any startup, venture capitalist has to do research from different resources along with collecting funding data. It’s similar to scraping financial data including all publicly-available fiscal statements. This scrapped data can be used while taking the investment decisions for startups. Professional financial data scraping services like iWeb Scraping can easily extract clean data, cleansed data, normalize data and deliver it to user’s convenient format so that user can perform further analysis of data.