Mercator Google Finance
Mercator Acquisition and Google Finance Integration
The acquisition of Mercator Software by Google in 2008, while perhaps not a headline-grabbing event at the time, subtly but significantly impacted Google Finance. Mercator, a company specializing in data integration and business process management, brought crucial capabilities to the table that helped enhance Google Finance's functionality and data processing.
Before the acquisition, Google Finance, launched in 2006, primarily aggregated financial data from various sources. However, integrating and harmonizing data from disparate systems, each using different formats and protocols, was a significant challenge. This is where Mercator's expertise proved invaluable.
Mercator's technology facilitated the seamless integration of financial data from diverse sources, including stock exchanges, news outlets, and regulatory filings. This improved the accuracy and reliability of the information presented on Google Finance. By streamlining the data ingestion and transformation process, Google could provide more comprehensive and up-to-date financial information to its users.
Specifically, Mercator's capabilities likely contributed to improvements in several key areas of Google Finance:
- Data Accuracy and Consistency: By using Mercator's tools to validate and cleanse data, Google could reduce errors and inconsistencies, ensuring users received more reliable financial information.
- Real-time Data Updates: The improved data integration capabilities enabled Google to update financial data more frequently, providing users with near real-time stock quotes and market information.
- Expanded Data Coverage: Mercator's technology facilitated the integration of data from a wider range of sources, allowing Google Finance to expand its coverage to include more companies, markets, and financial instruments.
- Improved Data Analysis: By making it easier to access and analyze financial data, Google could provide users with more sophisticated tools for research and investment analysis.
The impact of the Mercator acquisition may not be immediately obvious to the average Google Finance user, but it played a crucial role in improving the underlying infrastructure and data processing capabilities of the platform. It strengthened Google's ability to provide a comprehensive and reliable source of financial information.
While Google Finance has undergone several changes and updates since the acquisition, including redesigns and feature additions, the foundational improvements brought about by integrating Mercator's technology continue to benefit users today. The ability to efficiently process and integrate large volumes of financial data remains essential for any platform aiming to provide accurate and timely market information, and the legacy of Mercator's expertise continues to be felt within Google Finance's infrastructure.