PerTrac Financial Solutions has released the PerTrac API Toolkit, an application programming interface toolkit that lets users of the PerTrac Analytical Platform connect their own custom solutions and those of third-party vendors with the information housed in the PerTrac system.

With the new API, clients can automatically extract data and statistical functions from the PerTrac Analytical Platform into other applications or systems that they use, saving time, automating their workflow, and thereby reducing cost and operational risk.

Similarly, results collected or calculated in other systems, including third-party applications, can be pushed back into the PerTrac system for storage, display, analysis or reporting.
 
The PerTrac API Toolkit can be used to create applications that link the PerTrac Analytical Platform to other client databases, which can in turn be integrated with other data sources and applications.

The toolkit contains sample programmes and data extraction tools to help users get up and running almost immediately.
 
Gerald Mintz, PerTrac president and chief executive (photo), says: 'The new PerTrac API Toolkit is the centrepiece of our open access philosophy, in which we support clients' need to easily move information from one system to another to automate their workflow. It will be welcomed by those clients who want to extend the power of PerTrac into their existing internal or third-party systems.

'With this valuable new resource, clients now have the flexibility to automate the flow of information to and from the PerTrac Analytical Platform into other databases and programs such as Microsoft Excel, advanced analytical and risk management tools, reporting engines, and the like. It will also make it easier to integrate the results produced by other systems into the PerTrac data repository and into PerTrac reports. With this release, the PerTrac Analytical Platform is now a full-fledged enterprise application.'
 
The PerTrac API Toolkit will be made available to PerTrac Certified Partners to develop interfaces between their applications and the PerTrac Analytical Platform. FinAnalytica, makers of risk management software tool Cognity will be among the first to use it.