Our Core Mission
OpenBB addresses the critical infrastructure challenge facing financial organizations aiming to unify diverse datasets and expose them to AI solutions.
Picture a typical investment firm. Internal databases brimming with proprietary research. API connections to specialized providers. Analysts routinely toggling between Excel, Python notebooks, and proprietary internal software.
As we continue to develop the OpenBB Workspace, it is increasingly clear CTOs and CIOs already possess the necessary data. They maintain relationships with data providers tailored precisely to their unique needs, compliance requirements, and specific regional or industry focus.
Their challenge isn’t data access or availability. It’s reducing time-to-insights from their data lakes.
Thus, our true value doesn’t lie in merely redistributing data feeds from the same vendors. Rather, it’s in providing the open platform that transforms these rich datasets into an analytics and insights powerhouse fueled by AI.
What This Means Going Forward?
This clarity has driven recent strategic decisions regarding our data partnerships. We’ve begun phasing out data licensing agreements.
At the same time, we have launched OpenBB Apps: a new delight that better reflects our core mission. Bring your data, select your AI model, host where you wish, and customize the application to reflect how you like to work. OpenBB Apps connects your data to AI, moving you closer to the power analyst of the future.
This renewed focus formalizes a position we’ve held all along. What sets OpenBB apart is enabling firms to turn their own data into intelligence, not reselling someone else’s. So we are doubling down on what we do best: delivering the critical infrastructure that makes the magic real!
Questions about OpenBB Apps or enterprise deployment? Contact our team to discuss your specific infrastructure needs.