"Course data import" refers to the process of bringing financial price data from external sources into software or applications used for analyzing, processing, or displaying this data.
Typical functions of software in the "Course data import" domain include:
Data source integration: Ability to connect with various external data sources such as exchanges, financial service providers, or data vendors.
Automatic import: Automation of the import process to regularly update and import price data from selected sources.
Data format conversion: Conversion of price data from different formats or protocols into a unified format that can be processed by the software.
Data cleansing and validation: Checking and cleaning imported data for errors, duplicates, or missing values to ensure data quality.
Customizable import parameters: Ability to customize import parameters such as timeframes, currencies, or types of securities according to user requirements.
Scheduling and timestamping: Scheduling import operations at specific times or intervals, as well as capturing timestamps for imported data to track updates.
Notifications and error messages: Providing notifications about import status as well as error messages or warnings in case of issues during the import process.
Logging and audit trail: Recording import activities and results in a log or audit trail for monitoring and tracking changes to the imported data.