Currency MethodsThe Currency Methods offering comprises two different services: - Web Service (.NET and SOAP Web service, accessed via HTTP or HTTPS)
- Data Feed (daily data in XML, CSV or INI format, accessed or fed via HTTP, HTTPS or FTP)
Currency Methods Services vs. Currency Server SoftwareThe Currency Methods services are powered by Currency Server, and are geared towards a public who prefers a managed service without requiring the features made available by the Currency Server software itself. It is always possible to switch from the managed service solution to an in-house deployment of the server software, in consideration of requirements such as performance, latency, quality assurance, and advanced customization options. It only takes a few minutes to set up Currency Server and access its Web service interface, or configure it to write the data to a file. As the interfaces do not change, code investment is always preserved. Source of Exchange Rate DataWhile the Currency Server software supports the ability to fetch exchange rate data choosing from a variety of different sources, including both free (e.g. national central banks) and subscription-based (i.e. commercial data providers) organizations, the data provided as part of the Currency Methods services is selected and aggregated by Cloanto. Cloanto's exchange rate data feed covers a selection of about 60 major currencies, which are fetched from different official sources of daily reference rates, such as the European Central Bank, the Bank of Canada, the Federal Reserve Bank of New York and the International Monetary Fund. The system runs on a set of multiple servers which include primary and backup Web service and data feed servers, and more systems to fetch, analyze and post new rates, and to cross-check the functionality of all servers. The service provided by Cloanto aims to cover essential and popular requirements, including that to run Cloanto's own software products out of the box with a default initial feed connection. If you need to support additional currencies, or if you require full control over the choice of data source(s) we recommend that you consider the Currency Server software, which supports a diversity of exchange rate data feed services out of the box. Non-Exchange Rate DataIn addition to exchange rates, the Currency Methods services include non-exchange rate properties (e.g. currency codes, names, smallest units, etc.) as outlined on this page: | 
