Our high-speed economic data feed, RapiData, is the leading provider of key economic data to sophisticated market participants for whom speed is a top priority. We deliver key economic releases, such as jobs figures, inflation data, and manufacturing indexes, directly from the Bureau of Labor Statistics, Commerce Department, and the Treasury Press Room (along with other sources), in a machine-readable feed that's optimized for algorithmic traders.
Here's how it works: our reporters receive the data in a sealed Government press room during a defined embargo period. They enter the data into our computer where our proprietary software checks it for accuracy and compresses it into our unique patent pending format. At the very instant the Government lifts the embargo, the data is sent over our private network to several distribution points inside Equinix data centers. We recommend that clients cross-connect into our cabinets inside these data centers in order to receive the data as fast as possible.