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Date Published

December 19, 2022

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Our mission at Standard Metrics is to facilitate better data sharing and collaboration between stakeholders in the private capital markets. As this industry grows in sophistication and size, investment firms are increasingly building their own proprietary software and running analytics tools on top of data warehouses, just like the companies they invest in. We are excited to announce the launch of our API as we sprint toward a future of interoperable software and better data tools in the private markets.

Why build an API?

The private capital markets are rapidly becoming more globally competitive. Among other things, firms are adapting to competition by adopting multiple technology tools, utilizing their data to drive critical decisions. The search for best in class solutions across their stack is also creating tool sprawl and data siloes between those tools. As operational complexities increase, customers will stop adopting tools that cannot integrate into existing workflows. Software providers will need to adapt and enable connectivity to other systems. After all, the goal is to make the lives of customers easier, not harder.

At Standard Metrics, we do not want to be a walled garden, but instead a tool that can integrate with complementary technologies in the private markets ecosystem. In that spirit, we have been working with our most tech-forward customers to better understand how they use Standard Metrics data in other systems and offer them a better experience. These customer conversations led to us developing and launching our API.

What’s changed for our customers?

Previously, customers had been exporting data from our platform in a CSV format to then upload into various other tools. Now, firms can seamlessly integrate Standard Metrics data into their other systems and access metrics anywhere, whenever they need them, removing yet another recurring manual task and enabling greater accessibility to real-time data.

We already have customers pulling data from the Standard Metrics API into data warehouses like Snowflake for analysis as well as into proprietary in-house software systems. It’s exciting for us to watch new use cases unfold.

Next steps in our journey

Our work isn’t done here. We’re continuously working on enabling more real-time data sharing, no matter what systems are in place. Soon, firms will be able to automatically pull investment data from Standard Metrics to power valuation and fund performance analysis. Stay tuned for many more initiatives around our API and direct integrations.

We’d love to hear your feedback. If you’re an investor looking to improve your portfolio management and collaboration processes, contact us today to learn more about how you can benefit from using Standard Metrics.

Delivering investment insights just got easier

CFOs and COOs use Standard Metrics to collect the highest quality and volume of portfolio data in the shortest amount of time. Back office teams analyze standardized, auditable metrics to deliver insights that up the alpha with existing investments.

We love creating back office heroes.

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