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Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app

realizefi.com

91–97 of 97 posts

Re: Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app

#91

Lol, we had literally this exact startup: TradeIt ( https://web.archive.org/web/20200817053226/https://www.trade... ). Launched about 7 years ago, had official OAuth integrations with most major brokers, an API, and native mobile SDKs that had customizable UI for portfolio/order management/trading/market data. We had some really big customers like Yahoo Finance. Sold to another company about 3 years ago. The buyers h…

Thanks!

Re: Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app

#92

Earlier quoted context omitted.

We see ourselves as somewhat of a spiritual successor to TradeIt - we're trying to provide high-quality access to brokerage accounts so that people can build better investing apps on top of existing brokerages. In terms of pricing: we charge a $300/mo base fee for your first 300 linked brokerage accounts, then $1/linked account/mo thereafter, with reduced pricing at various levels of scale.

Howdy, I used to run engineering at TradeIt. Just curious if any of y'all ever had any interactions with us back in the day, and if any of the brokerages mentioned us (I'm guessing they will either have really nice or really not nice opinions if they remember us, depending on the nature of our integration with them ). We had so many partners on both the broker and developer side, would be fun to know who picked up th…

Hey! We first learned about TradeIt a few weeks ago from a friend who works at Drivewealth. It'd be great to chat - please shoot me an email at sean@realizefi.com

Re: Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app

#93
post #21

Earlier quoted context omitted.

> 2) It's generally more difficult to create protective systems for private APIs, since there are fewer ways to fingerprint non-browser clients. There are? I think what you meant to say is “they haven’t worried much about key distribution, yet”?

In a sense. There are certainly protections they can implement against non-browser clients; what I meant is that it would be more difficult for them to implement the usual sorts of defenses you see against screen scraping since the surface area available for fingerprinting is much smaller. We haven't seen brokerages expend significant effort on this, and the industry seems to be moving in the direction of providing m…

What incentives do mainstream brokerages have to building public APIs? It seems to me data asymmetry is the name of the game in Wall Street and it’s no different for retail brokers.

Re: Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app

#97

Earlier quoted context omitted.

Perhaps. The current site and documentation appears to lack anything of the sort.

It’s a brand new company. Give them a chance to work these things out.

Well, they're taking shots at players like Plaid (who use majority direct oAuth integrations) while doing the exact same kind of skirting around companies that don't play nice and share permissioned user data.

Aggregators aren't scraping because they enjoy using headless browsers, the US doesn't let end users own their data and this is the industry workaround. I don't expect new players to change the system so much as I expect them to accurately represents it to those outside of fintech

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