The Quandl platform provides easy access to businesses regarding financial and economic information datasets. The users can easily access data that is on Quandl and sellers can even sell data. Many analysts such as hedge fund experts, investment bankers, and asset managers make use of it, aiding them make informed decisions based on the data available. This is so much so that it has around 400,000 users around the world.
- The sheer size of datasets provided by Quandl is a huge advantage in itself. It has around 20 million datasets that the clients can widely access.
- Datasets are available to download almost at the very instant they are clicked. Also, this is without the need for any additional permissions or cost.
- Ease of access, availability, and use is a great benefit for users as any API can access the data.
- The data on Quandl is updated and refreshed every week. Hence, new information is readily available and there is no risk of using an outdated one
- It can be integrated with many other programs such as Excel, or Python.