Singapore, 10 November 2016 – Byte Academy announces the launch of its first international campus outside of New York City with programmes in FinTech, Data Science and Python Full-Stack Development. Byte Academy in Singapore opens its doors on 10 November 2016, to support Singapore’s Smart Nation initiative and help grow the local talent pool of industry-ready engineers and developers, alongside its strategic charter partners.
In Singapore, industry frontrunners from financial services, financial technology (“FinTech”), and start-up sectors are showcasing their support for industry-specific partnerships and education programmes such as that provided by Byte Academy. In spirit of this collaborative support framework, Standard Chartered Bank, IBM, INSEAD, Thomson Reuters and Microsoft have come together with Byte Academy to form the FinTech Skills Charter. This pro-bono advisory committee will help steer and set best-in-class standards for FinTech development in Singapore through active engagement with Byte Academy to configure all the policies and procedures for the benefit of the larger FinTech community in Singapore.
Byte Academy founder, Rak Chugh, believes that constant feedback and input by the industry leaders in respective verticals, can steer and better prepare candidates for tech jobs in industries such as finance and data science: “Technology is rapidly growing with new innovative solutions being created every day. This means that jobs and its relevant skill sets are evolving at a faster pace than ever. With the help from industry partners to constantly review and refine the curriculum, this will help ensure Singaporeans are better-equipped, better matched with the current industry demands with the applicable technical knowledge and skills.”
Nobuhiro Ito, Director, Developer Experience & Evangelism, Microsoft Singapore, adds: “Byte Academy’s presence here in Singapore will help accelerate skills development that will help contribute to a more vibrant FinTech ecosystem and build a stronger Singapore core. This initiative by Byte Academy is very much in line with Microsoft’s mission of empowering every individual and organisation on the planet to achieve more. We look forward to working closely with the Fintech Skills Charter Members to enhance the Fintech development, innovation and explore possible cross-border collaboration activities within the Fintech industry.”
On partnering with Byte Academy in Asia, Mr Shameek Kundu, Global Head of Data, Architecture and Innovation, Standard Chartered Bank, said: “Standard Chartered Bank is pleased to become a founding charter member of the inaugural FinTech Skills Charter. This signals our ongoing commitment to developing the talent pool which will support the growth of a vibrant FinTech sector. The establishment of Byte Academy is another progressive initiative which will help to fuel Singapore’s Smart Nation ambitions by adding to the country’s great ecosystem of financial institutions, technology companies, universities and research organisations.”
Annie Choy, Managing Director, IBM Singapore adds: “With a strong focus on innovation and the right technology in place, Singapore is well-positioned to become one of the world’s top FinTech hubs. At IBM, we are working extensively with government, industries and academia to co-develop solutions based on enterprise blockchain, cyber-security, and cognitive computing technologies to help serve the FinTech sector and further develop Singapore as a Smart Financial Centre.”
To bridge this engineering talent crunch in Singapore, Byte Academy has collaborated with the Infocomm Media Development Authority (“IMDA”) to provide individuals with a passion in technology, finance, and data science, a fast track to opportunities within the FinTech and Data Science domain through IMDA’s Tech Immersion and Placement Programme (“TIPP”).
“The growing trend of digitalisation and emerging financial technologies (FinTech) are reshaping the financial and insurance sectors. As a financial hub, Singapore is well placed for the development of innovative financial technologies. We are happy to have Byte Academy come on board IMDA’s Tech Immersion and Placement Programme, an initiative under the TechSkills Accelerator. With more programmes offered, particularly in Fintech and Data Science, Singapore’s manpower can enrich themselves with a strong variety of market relevant courses, enabling us to be in a better position to seize opportunities in these growing sectors.” Said Gabriel Lim, Chief Executive, Infocomm Media Development Authority.
As part of this collaboration with IMDA, Byte Academy Singapore will offer its 12- week full-time courses and individual 8-week short courses focussing in FinTech and Software Development. Its 12-week full-time courses will provide the fundamentals for students to work on real, industry-specific problems and allow for interaction with industry partners to prepare individuals for direct placement and job matching upon graduation. Byte Academy Singapore is also replicating its New York placement and guarantee programme, offering guaranteed job placements to its full-time course graduates through key partners in major tech and banking companies. It stands by this guarantee, committing to refund the full course fee, should they fail to place its graduates in a role within 6 months of course completion.
Further, Byte Academy’s programme also enables the bridging of FinTech communities in New York, California’s Silicon Valley and Singapore together, allowing for long term strategic growth and knowledge sharing of some of the world’s top FinTech companies into Asia.
“We applaud Byte Academy’s efforts to educate the next generation of FinTech innovators,” said Stephane Dubois, Xignite CEO and Founder. “We are seeing accelerated growth of financial technology innovation in the Asian market and elsewhere around the world, so the Singapore initiative is well timed.”
Byte Academy Singapore programmes welcomes individuals from communities such as:
To further the development of local tech talent and meet the demand for IT and FinTech / Data Science professionals, IMDA and Byte Academy supports this programme by providing subsidized rates for Singaporean citizens. Singaporeans keen in a career in tech or upskilling their craft in software development enjoy subsidies of up to 70% off the listed rate.*
* Applicable for full-time courses under Tech Immersion and Placement Programme (TIPP), other terms and conditions apply.
About Byte Academy
Byte Academy is a leader in industry-oriented technology education with courses in Python software development, FinTech (“Financial Technology”), Data Science, Blockchain and MedTech (“Medical Technology”). Byte Academy established the first short-format FinTech programme and the first Python full-stack software development bootcamp in New York City, where it is headquartered. It has raised S$3m in series A funding for its first international campus and ASEAN headquarters in Singapore, and opens in India at the end of 2016.
Byte Academy is recognized for its small classes, career services and sense of community. Students hail from all over the world including countries such as Australia, Chile, Finland, Siberia, and Tunisia. Byte has brought thousands together from diverse backgrounds around the globe via its hackathons, conferences, founders’ talks, meetups and other events.
Byte Academy is proud to be the Education Partner for Singapore's inaugural FinTech Festival and will be holding "Byte Learning" workshops during the FinTech Conference (16 - 17 November at Singapore Expo).
Check out www.byteacademy.co to learn more.
About the founder
Rak Chugh, has worked in the financial industry for 25+ years. He founded Byte Consulting in 2000 and ran a publicly listed real estate company in London. Mr. Chugh founded Byte Academy when he realized the need to bridge the gap between finance and technology and create a new class of financial technology experts. He came to this realization after financial clients of the consulting firm he founded, Byte Consulting, could not find qualified programmers in New York City. Initial curriculum emphasized the Python coding language due to its high analytical capability and usage in the finance industry. Byte was the first educational institution in New York City to have a full-stack Python programme and the first with a short-format FinTech programme.
For media queries, please contact:
Christopher Quek
Managing Partner
Tri5 Ventures
PH: (+65) 9682 2727
christopher@tri5.asia
Ko Tze-Shen
Business Development Director
Byte Academy Singapore
PH: (+65) 9106 5111
TzeShen.Ko@byteacademy.co
Source: Byte Academy
Partners with ESG Book to Drive Investor Sustainability Engagement
SAN MATEO, Calif., April 12, 2022 /PRNewswire/ -- Xignite, Inc., the leading provider of market data APIs to brokers and wealth managers, announced the launch of a new Environmental, Social and Governance (ESG) data API in partnership with ESG Book, a global leader in ESG data and technology. Xignite's brokerage, wealth, and media customers can now increase user engagement and retention with state-of-the-art sustainability trading products.
As ESG investment has gone mainstream, today's digital investors, institutional investors, and corporations alike require ESG data to help them answer questions that range from a company's workforce diversity to its commitment to a net zero future. In this context, brokers and wealth managers can use ESG data to increase client engagement around their portfolios and differentiate their offerings in a very fragmented marketplace.
"We are thrilled to extend our highly scalable and advanced API platform to include ESG Book's real-time sustainability dataset. With the recent SEC announcement of proposals for climate disclosure, the momentum for sustainability data in the U.S. just keeps on building. If you do not offer ESG data and portfolio analytics to your clients today, you will run into growth and retention challenges," said Stéphane Duboi, the CEO of Xignite.
Dr Daniel Klier, CEO of ESG Book, said: "As capital markets transition towards a more sustainable, net-zero future, demand for accessible, comparable and transparent ESG data has never been higher. We are delighted to be partnering with Xignite, a global leader in API solutions, to deliver our real-time ESG data products to clients at both speed and scale through the latest cloud technology."
Xignite's new ESG API is designed to fast track the launch of ESG powered products. Transparent, well-structured and easy to understand ESG datasets eliminate the need for robust in-house ESG expertise. Advanced screener endpoints further simplify development by eliminating the need to maintain a database.
XigniteGlobalESG API covers a comprehensive universe of public companies domiciled in North America, EMEA, APAC, and Latin America. In addition to ESG scores, this API provides Global Compact scores, involvement data, temperature scores, and raw emissions data.
About Xignite
Xignite is the leading provider of market data API solutions to brokers, wealth managers, and the tech firms who serve them. Xignite has been disrupting the market data industry from Silicon Valley since 2003 when it introduced the first commercial REST API. Today, more than 700 firms use Xignite's APIs more than half a trillion times a month to deliver high-value data to digital investors. Visit xignite.com or follow us on Twitter @xignite.
About ESG Book
ESG Book is a global leader in sustainability data and technology. Through a cloud-based platform, ESG Book makes sustainability data more widely available and comparable for all stakeholders, enables companies to be custodians of their own data, provides framework-neutral ESG information in real-time, and promotes transparency. It counts many of the world's leading financial organisations among its clients, which collectively manage over $120 trillion in assets. www.esgbook.com
04/12/2022
Sales Up 50%. API Volumes Now Exceed Half a Trillion per Month.
Xignite, Inc., the leading provider of market data APIs to brokers and wealth managers, announced that 2021 was a banner year for its business. Xignite experienced more than 50% growth in new client bookings over 2020. Most of this growth was fueled by heavy demand from new brokerage and wealth management applications as more firms entered the business. Xignite also saw a 53% increase in API consumption to a whopping half a trillion requests a month - driven mainly by increased activity from digital investors as they consumed more and more data during the pandemic.
The Digital Investor Revolution was created by the convergence of zero-cost trading, fractional shares, working from home, the pandemic, and the emergence of a new and more powerful generation of retail investors. This has created significant momentum in trading and wealth management, primarily US-based equity and options trading. And it has fueled the entrance of a considerable number of new prominent players in the field, especially embedded finance providers. It all came to light in early 2021 with the Reddit and Gamestop phenomenon. But it has not proven to be short-lived. The transformation could be profound. Indeed Xignite saw its momentum accelerate in Q4-2021, with bookings growth exceeding 310% over the same quarter in 2020.
“Xignite is one of the oldest and most scalable commercial API infrastructures globally. It’s not a surprise that our clients have grown to rely on us for their mission-critical business needs,” says Stephane Dubois, Xignite’s CEO and Founder. “It’s not only the mind-numbing volumes that we have to deal with,” adds Dubois, “It’s also the 4-nine+ level of availability we deliver day in and day out coupled with the awesome market data quality and the high touch responsiveness of our support teams. These metrics matter to large embedded finance firms entering the business or legacy firms migrating to the cloud. They spend tens of millions of dollars entering the business. They don’t want to see it evaporate because of poor data quality or API availability.”
About Xignite
Xignite powers the investing apps and services that enable millions of people to manage their portfolios and trade stocks from a phone or tablet with the industry’s best financial market data APIs. We help more than 700 fintech trading, investment, and analytics firms like Robinhood, SoFi, and Betterment provide digital investors with the market data they need, such as real-time stock prices and company news. Visit xignite.com or follow on Twitter @xignite.
03/10/2022
Xignite, Inc., the leading provider of market data APIs to brokers and wealth managers, announced the launch of a new cryptocurrency data API. Xignite’s brokerage, wealth, and media customers can now increase the value and stickiness of their services to digital investors by taking advantage of the depth and breadth of data offered by this API.
Investment in cryptocurrencies has increased dramatically over the last few years and has proven to draw new investors into the world of trading. As a result, brokerage companies are trying hard to make buying, selling, and holding Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other cryptocurrencies as easy as possible for their clients. The XigniteCrypto API is the first to bring together a vast universe of cryptocurrency information alongside the equity, ETF, and option data brokers and fund managers need to offer high-quality services to their clients. It also provides the depth of functionality required for them to engage customers and drive trading activity
“Cryptocurrencies tend to operate in their own world,” said Stephane Dubois, CEO, and Founder of Xignite. “This means that if you want to offer integrated equity, option, and crypto trading or analytics for your clients, you are going to have to cobble up a lot of heterogeneous data from many disparate sources, and that’s a pain,” adds Dubois. “With our new crypto API, you get the depth of coverage, the quality, and the reliability across all asset classes you need to grow your business - all in one integrated solution.”
Xignite’s new cryptocurrency API, XigniteCrypto, provides real-time and historical quotes for over 900 cryptocurrencies, including coins and tokens. It includes unique API endpoints that help firms engage digital investors, using the data and tools they need to make crypto trading decisions, including price alerts, historical charting, currency conversion, and cryptocurrency news.
About Xignite
Xignite is the leading provider of market data API solutions to brokers, wealth managers, and the tech firms who serve them. Xignite has been disrupting the market data industry from Silicon Valley since 2003, when it introduced the first commercial REST API. Since then, Xignite has continually taken advantage of new technologies to help its clients grow their business and serve their customers better by using financial market data effectively. Today, more than 700 firms use Xignite’s APIs more than half a trillion times a month to deliver high-value data to digital investors. Visit xignite.com or follow on Twitter @xignite.
02/15/2022
Xignite, Inc., a cloud-based market data distribution and management solutions provider for financial services and technology companies, announced a new Vendor of Record service for clients subscribing to real-time and delayed market data. The new service vastly simplifies the administration and reporting required by exchanges and often eliminates the need to pay redistribution fees, potentially saving clients thousands of dollars a month.
As an approved Vendor of Record, also called a Service Facilitator, Xignite can redistribute real-time and delayed equities and options pricing data from Nasdaq, New York Stock Exchange (NYSE), Options Price Reporting Authority (OPRA), OTC Markets (OTCM), and the Toronto Stock Exchange (TSX).
Adhering to the complex compliance guidelines required by exchanges is extremely difficult for investment advisers, financial advisers, or order management software providers that need to display real-time or delayed data. Each exchange has its own unique set of regulations and compliance requirements, and clients need to prove that they have control over who receives the data, in what format, and for what use case. Xignite’s Vendor of Record service eliminates the administrative burden of tracking these complex compliance requirements.
The new service utilizes Xignite’s cloud-native Entitlements and Usage Microservices to give firms complete control and transparency of their data consumption and usage. Xignite provides data entitlements, usage tracking, and exchange reporting across various data sets, users, and applications to ensure exchange compliance. Xignite’s new service sometimes eliminates the need to pay expensive redistribution fees. Exchange fees for display data, regardless of the number of users, can cost upwards of $10,000 per month. These high fees are especially difficult for smaller financial firms with just a few real-time data users.
“Maneuvering through the maze of required compliance policies, entitlements, usage tracking, and reporting requirements, and being subjected to frequent audits is no easy feat,” said Vijay Choudhary, Head of Product for Xignite. “Xignite’s mission is to “Make Market Data Easy.” Today’s announcement is another step towards this. We are taking away the administrative burdens and complexity of licensing market data and allowing our clients the freedom to focus on their investment and trading strategies and building innovative products.”
Xignite’s Vendor of Record service is available for professional users with internal and display-only use cases. The service is available now as an add-on service for subscribers of our real-time and delayed equities and options pricing data APIs. These include:
About Xignite
Xignite has been disrupting the financial and market data industry from its Silicon Valley headquarters since 2003 when it introduced the first commercial REST API. Since then, Xignite has continually refined its technology to help Fintech and financial institutions get the most value from their data. Today, more than 700 clients access over 500 cloud-native APIs to build efficient and cost-effective enterprise data management solutions. Visit xignite.com or follow on Twitter @xignite.
09/21/2021
