Hmm, I think the primary thing that freerisk is looking to provide is a platform to allow people to easily build models and analysis on top of the financial data, and in turn, do interesting things to snuff out value through things like leaderboards, etc. Secwatch, on the other hand, just provides financial data, really.
That said, I think the world kinda needs more stuff like this: I think a big reason that people (on average) don't reason well about investments and the markets and all that is that, at large, its just out of reach.
But making it easy to people to plug in and build models, and in turn ranking the models in a useful way to help people see which ones are actually useful is a great start to really turning the web into a bit of a "distributed investment analyst" in the cloud, or something.
Needless to say, it wont be THAT useful without a richer set of data (ie: ticker prices, blah blah blah), but its something, at least.
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Hmm, I think the primary thing that freerisk is looking to provide is a platform to allow people to easily build models and analysis on top of the financial data, and in turn, do interesting things to snuff out value through things like leaderboards, etc. Secwatch, on the other hand, just provides financial data, really.
That said, I think the world kinda needs more stuff like this: I think a big reason that people (on average) don't reason well about investments and the markets and all that is that, at large, its just out of reach.
But making it easy to people to plug in and build models, and in turn ranking the models in a useful way to help people see which ones are actually useful is a great start to really turning the web into a bit of a "distributed investment analyst" in the cloud, or something.
Needless to say, it wont be THAT useful without a richer set of data (ie: ticker prices, blah blah blah), but its something, at least.