Financial data is critical to many businesses beyond Wall Street. For instance, your treasury department may need swap and forex data to help manage cash. Accounting may need comparatives for financial analysis. Manufacturing will need commodity prices for planning. If you are a public company, you will have significant investor relations data needs as well.
Of course if you operate in the energy, utility, corporate lending, insurance or precious metals industries, financial data like the price of oil, gas, precious metals, non-ferrous metals and interest rates are just as core to your business as market quotes are to Wall Street.
Many businesses collect this data manually because doing it automatically is neither easy nor affordable. Xignite’s Financial Data APIs let businesses of all sizes easily integrate timely and accurate market data into corporate applications. Our APIs can plug into any system—such as an SAP or Oracle application, an accounting or planning system and of course into Microsoft Excel.
You can integrate Xignite market data into any business application, including:
D&B is a leading source of commercial information and insight on business. Part of their service is providing detailed credit reports on companies. They use exchange rate data from Xignite’s Financial Data APIs to convert currencies within their reports to fit the needs of international customers.
Trusted market data and news are critical inputs into corporate financial decisions. Navy Federal Credit Union utilizes Xignite’s Financial Data APIs to seamlessly feed market data and news to an internal dashboard used by the firm’s CFO and finance department.
Billing international customers requires up-to-date currency data that’s fully integrated into your accounting system. Monex Financial Services, a leading provider of dynamic currency conversion solutions, utilizes Xignite’s Financial Data APIs to pull currency exchange rates and issue invoices quickly.