Empirasign Blog Entry: Empirasign MyData
Empirasign MyDataJune 5, 2014
We are pleased to announce our latest product enhancement: Empirasign MyData
With Empirasign MyData we bring the Excel data integration functionality of Empirasign Enterprise to every one of our web clients. As we've said before, for better or for worse, many of us use Excel as an ad hoc database. With the MyData functionality, Empirasign will auto-parse your spreadsheets to grab the relevant information and display it alongside any bond query you run on the Empirasign website. No longer will you be stuck de-bugging VLOOKUP functions. With Excel data integration, every Empirasign user can be their own data hunter-gatherer. This feature will empower every Empirasign web user to acquire and use data to drive more business.
A Short Example from Valuation Work
Below is a screenshot of an example spreadsheet being used by a fictional client for internal valuation purposes. The example shows some data being maintained about a particular bond: valuation date, some benchmark rates, quotes from pricing vendors, and an internal mark. After uploading this spreadsheet via the MyData page, every time I search for a bond on Empirasign, my search results will encompass both Empirasign data and any matching bond from my spreadsheet(s).
sample search results (MyData section circled in red)
How To Think about Empirasign MyData
One way to think about Empirasign MyData is API access in reverse. Instead of downloading Empirasign Market Data into Excel for one unified view of the market, you upload your data into Empirasign to see everything you need on one web page. The upshot is Empirasign MyData comes at no extra charge, while API access is priced at multiples of a single web license. Another way to look at MyData is that it's Empirasign Enterprise Lite. It's a zero ante way to experiment with deeper internal/external data integration.
Your data is only accessible to you. If you want to share your data with colleagues, you must either subscribe to Empirasign Enterprise, or they must upload the same spreadsheet as you did. We can only accept Excel spreadsheets at this time. CSV's with their lack of formatting and type information can be too ambiguous.
To get started select MyData which appears under MyStuff on the top navigation bar, or head over to the following URL: www.empirasign.com/mydata/