MarketXLS, a SaaS subscription-based financial data analysis tool headquartered in Ireland, has announced its entry into the Indian market with the introduction of its product, The Excel Solution for Investment Professionals.
The launch event was presided over by Ireland’s Minister for Enterprise, Trade, and Employment, Simon Coveney, during his week-long trade visit to India.
The company said it aims to democratise investment tools for professionals in India, particularly wealth managers and financial analysts seeking comprehensive, user-friendly, and institutional-grade data to empower informed decision-making for their clients.
Simon Coveney, Irish Minister for Enterprise, Trade and Employment, expressed his enthusiasm for MarketXLS’ arrival in India, stating, "I am delighted to see MarketXLS bringing its innovative solution to the Indian market. This week the Irish government is leading a significant trade visit to India to support Irish companies like MarketXLS to establish and grow in the Indian market, bringing innovation, investment and high value employment.”
MarketXLS utilises MS Office Excel, eliminating the need for complex programming languages. It seamlessly integrates with partners like Zerodha and Angel One for real-time data.
Additionally, it offers comprehensive fundamental data from Morningstar and pricing data from NSE, and provides readymade, validated templates by top traders for simplified analysis.
Furthermore, it enables users to track options data, volume, open interest, IV, and more directly within Excel. Users report increased profitability through journaling, tracking, and analyzing past trades.
The platform also enables Indian users to analyse both Indian and US markets within the same platform. This allows them to test strategies using high-volume US data and customize them for the Indian market.
