Your organization's pricing engine must adjust product prices every 15 minutes based on the most current foreign-exchange rates. The data must arrive in a machine-readable format with minimal latency and no manual intervention. Which type of data source should the data analyst recommend to meet these requirements?
An application programming interface (API) is designed for real-time, programmatic access to up-to-date data in formats such as JSON, eliminating the need for manual downloads or HTML parsing. Web scraping could capture the same information, but it introduces latency and maintenance overhead because page structures can change. A daily CSV delivered over SFTP would not meet the 15-minute freshness requirement, and internal system logs record events- they do not supply external market data at all. Therefore, an API best satisfies the need for frequent, automated, and low-latency retrieval of currency rates.
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CompTIA Data+ DA0-002 (V2)
Data Concepts and Environments
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