OpenBB
The AI Workspace for Finance
What is OpenBB? Complete Overview
OpenBB is an AI-powered financial analytics platform designed to bridge data with AI, enabling users to build AI-powered analytics applications faster, securely, and on their terms. It provides a safe end-to-end solution for AI experimentation and deployment, integrating proprietary, licensed, and public data in one secure, scalable AI-ready platform. OpenBB is tailored for forward-thinking investment firms managing billions, offering flexible deployment options including on-premises or private cloud for full control, security, and privacy over data, AI models, and prompts. The platform supports various financial workflows, from public equity to wealth management, private equity, crypto, commodities, and macro analysis.
OpenBB Interface & Screenshots
OpenBB Official screenshot of the tool interface
What Can OpenBB Do? Key Features
Integrate Your AI Model
OpenBB allows users to integrate their own AI agents into a safe environment designed for experimentation and deployment. This feature ensures that firms can leverage their proprietary AI models while maintaining security and compliance.
Run On-Premises
Deploy OpenBB on-prem or in your private cloud for full control, security, and privacy over your data, AI models, and prompts. This is ideal for firms with stringent data governance requirements.
Connect All Your Data
Integrate proprietary, licensed, and public data, both structured and unstructured, in one secure, scalable AI-ready platform. This unified data access simplifies analytics and enhances decision-making.
Control Your Interface
OpenBB offers a flexible, customizable UI that adapts to your workflows and enables real-time team collaboration. This ensures that the platform meets the specific needs of your firm.
Open Data Platform
OpenBB's flagship open-source project provides unified access to financial and economic data from sources like FRED, IMF, BLS, and more. It supports multiple interfaces including Python, REST API, Excel, and Notebook.
Best OpenBB Use Cases & Applications
Public Equity - Earnings Guidance Intelligence
Automatically extract insights from earnings updates, filings, and broker research, then combine them with fundamental and trading data to assess forward-looking guidance.
Investor Call Preparation
Compile key insights from earnings transcripts, filings, analyst reports, and market data to generate briefing documents, anticipate investor concerns, and prepare targeted questions.
Wealth Management
Leverage OpenBB to integrate and analyze client data, market trends, and investment opportunities, providing personalized advisory services.
How to Use OpenBB: Step-by-Step Guide
Sign up for OpenBB Workspace, choosing between the Community (free) or Pro (paid) plan based on your needs.
Deploy OpenBB either on OpenBB Cloud, VPC, or on-premises, depending on your firm's security and privacy requirements.
Integrate your data sources, including proprietary, licensed, and public data, into the OpenBB platform.
Build AI-powered analytics applications using OpenBB's customizable UI and collaborative tools.
Deploy your applications and share insights with your team, leveraging role-based access control and dashboard sharing features.
OpenBB Pros and Cons: Honest Review
Pros
Considerations
Is OpenBB Worth It? FAQ & Reviews
OpenBB offers a free Community plan with limited features. The Pro plan requires a seat-based subscription for enterprise-grade features.
Yes, OpenBB provides unified access to financial and economic data from sources like FRED, IMF, BLS, and more through its Open Data Platform.
The Open Data Platform (ODP) is open source and free forever. The Workspace interface has both free and paid plans.
OpenBB Copilot is an AI feature that allows users to make queries and generate insights. The Community plan limits it to 20 queries/day, while the Pro plan offers fair use.
OpenBB is designed for forward-thinking investment firms, wealth managers, private equity, crypto, and commodities professionals managing large-scale data and AI workflows.