FastTrack API WordPress Integration
Gabelli (on behalf of Vested Agency)
An investment firm overseeing numerous funds encountered a significant issue: keeping precise, current financial data across hundreds of tickers, tens of thousands of documents, and performance metrics while adhering to regulatory standards. The manual updating of market prices, dividend details, performance data, and regulatory documents on WordPress resulted in high operational costs and raised the chances of outdated information reaching investors. To address this, 84EM developed a custom WordPress plugin from scratch that fully automates the data flow between the FastTrack API and WordPress. This system continuously updates market data, performance metrics, dividend details, and fund information without any manual effort. Investment teams can manage various fund types, including ETFs, closed-end funds, SICAVs, open-end funds, and money market funds through a single WordPress interface. Background processes use the Action Scheduler for data updates, ensuring website visitors consistently see the most up-to-date information while administrative staff can concentrate on investment strategies instead of data entry. For data not available on FastTrack, the plugin offers bulk import tools for handling Excel and CSV files with holdings data, SFTP integration for the automated retrieval of files from custodians like BNY and ICE, and a thorough document management system that links regulatory filings to specific funds and tickers.