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The Xignite Market Data Cloud Powers Investopedia Web and Mobile Apps

Xignite

Investopedia, the leader in online financial education and a ValueClick Brands site (Nasdaq: VCLK), has selected Xignite, Inc., the leading provider of market data cloud, to provide real-time market data to power the Investopedia website, iPhone, iPod Touch and iPad apps.

As more consumers seek to take control of their financial futures, Investopedia made the decision to expand their web and mobile apps capabilities to provide users with better data and tools to make informed investing decisions. As part of the enhancement, Investopedia chose to replace their previous market data vendor and selected Xignite.

Xignite’s Market Data Cloud is the underlying platform that supports the real-time market data, analysis, and comparison engine tools available on the Investopedia website and mobile apps. Investopedia has integrated Xignite’s market data into channels available for all stock symbols. The information provided on the Quotes, Charts, Analysis, Options, and Historical channels arm users with data and tools to make informed investing decisions.

“A big factor in our decision to choose Xignite was the fact that their market data solutions are cloud-based,” said Mark Ly, VP of Operations & Technology for Investopedia. “By delivering the data as APIs, we knew this would speed up deployment time, reduce our development costs while helping us provide a better experience to our users.”

“We are thrilled to be powering the new Investopedia website and apps.” said Stephane Dubois, Founder and CEO of Xignite. “We, like millions of other users—use Investopedia every day to better understand the markets and stay abreast of new trends and development and it is exciting to be able to help Investopedia provide better value and content to their users.”

About Xignite

Xignite, Inc. is the leading provider of Market Data Cloud solutions. Xignite offers more than 40 financial APIs providing real-time, historical, and reference data across all asset classes and fulfills more than 6 billion requests per month. Xignite CloudAPIs power mobile financial applications, websites, and front-, middle- and back-office functions for more than 1000 clients worldwide, including GE, Computershare, Investopedia, Personal Capital, Natixis, Charles Schwab, Seeking Alpha, Stocktwits, Starbucks, and NetSuite. The company also powers private-label, on-demand data distribution solutions for exchanges, including NASDAQ OMX, NYSE Euronext, Direct Edge, Alpha Trading; data vendors SIX Financial Information, BGC Partners, and financial institutions.

About Investopedia

Investopedia is a leading digital financial publication providing educational and practical information to users seeking to improve their financial futures. Investopedia has been a leader in independent, unbiased online financial education since 1999. Along with the most comprehensive online financial dictionary, users also have access to nearly 200 contributors, with expertise ranging from active trading to personal finance, as well as real time market data, and financial comparison tools.

About ValueClick, Inc.

ValueClick, Inc. (Nasdaq: VCLK ) is one of the world's largest digital marketing companies. Through a unique combination of data, technology and services, ValueClick increases brand awareness and drives customer acquisition at scale for the world's largest advertisers and maximizes advertising revenue for tens of thousands of online and mobile publishers. ValueClick's brands include: Commission Junction, ValueClickMedia, Dotomi, Greystripe,Mediaplex, Smarter.com, CouponMountain.com, Investopedia.com and PriceRunner. The company is based in Westlake Village, California, and has offices in major advertising markets worldwide. For more information, please visit www.valueclick.com.

RECENT NEWS

In the foreign metal market and the world of international rates, currencies play the crucial role of acting as the medium of exchange in the transactions that take place.

Currencies like the United States dollar, the Euro, or the British Pound are commonly used around the world in order to get a metal rate. Some companies that offer precious metal live and historical rates have exposed their APIs (Application Programming Interfaces) to allow developers to integrate current and historical metal rates, currency conversion, or other capabilities into their applications.

In order to know about precious metals live and historical rates, there’s a lot of APIs available online, and if you want to try one, Barchart is going to be one of your first options. But if you take a look at what else is in the market, you’ll find alternatives so many great alternatives:

Xignite Market Data Cloud Platform

Xignite Market Data as a Service was one of the first market data services built to run in AWS and they are one of the few vendors that is an AWS Advanced Technology Partner with a Financial Services Competency.

With more than a decade of cloud expertise in building, scaling and operating cloud-based market data technology, it is no surprise that leading financial services and capital markets firms rely on this company to empower their journey to the cloud. Their Metals API Service offers real-time prices and quotes for metals including Gold, Silver, Palladium, Platinum and other base metals. In addition to real-time precious metals prices, the service provides daily London Fixing prices as well as historical precious metal prices and metal news. 

Xignite Cloud APIs are sourced from leading providers such as FactSet and Morningstar as well as Xignite’s own curated, high-quality data.

Read the article Top 3 Alternatives for Barchart Precious Metals Rates

02/25/2021

Each year, Bobsguide asks the market to vote for fintech companies they believe stand out from the competition – those who have gone the extra mile in terms of development and servicing their clients. Xignite is proud to be listed as the "Best API Management" vendor on the Bobsguide 2020 Rankings.


Read article on Bobsguide

01/26/2021

Web services data provider Xignite captured the AFTAs judges’ attention on the infrastructure front with its release of Xignite Enterprise Microservices in July 2020, a suite of cloud-based microservices for data management, storage and distribution in the cloud, designed to help financial firms migrate from monolithic legacy data architectures to more agile and less expensive cloud services and data sources.

Requires subscription to read the article on WatersTechnology

01/25/2021

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, today revealed the results of its collaboration with StockCharts, a leading technical analysis and financial charting platform for online retail investors. The collaboration involved a move from an on-premise market data provider to Xignite’s cloud-native technology hosted in Amazon Web Services (AWS). Download the case study containing the full results.

StockCharts requires vast quantities of financial data to power its visualization, charting and tracking tools, which investors use to analyze the markets to help with investment decisions. The company was frustrated by the limits of its on-premise market data center, which was forcing the team to make architectural decisions based on what its data center could handle in terms of speed and storage, not on their technology. Its previous market data provider was just starting to build out some cloud offerings, but they were far away from what the business required. StockCharts decided to migrate its infrastructure to the AWS cloud and partner with Xignite to gain access to endlessly scalable market and financial data delivered through innovative cloud APIs.

The collaboration made an immediate impact as StockCharts was able to expand its offerings and customer base by pursuing growth strategies enabled by Xignite’s cloud-based approach, which provides easy access to data and eliminates architectural limits on storage and speed.

The pandemic provided further validation. Seattle-based StockCharts was in one of the first areas hit by COVID-19 and was forced to quickly shut down its office. Pandemic-driven market volatility followed and StockCharts customers wanted to visualize what was happening. The company’s ability to scale quickly and accommodate a high volume of new requests would not have been possible without Xignite.

“The move to the AWS cloud and Xignite has unlocked tremendous new potential for us in a lot of architectural ways, and has given us a lot of data options that we could not even consider before,” said Grayson Roze, Vice President of Operations at StockCharts. “It relieved us of the burden of figuring out how to source things. Instead, we know exactly where we need to go to get the data and can access it instantly. That is a huge, huge benefit for our business.”

“We are proud to have played a role in transforming how StockCharts approaches data,” said Stephane Dubois, CEO and Founder of Xignite. “The events of this year unleashed a massive spike in retail trading and a host of other unexpected forces that reinforced the need for financial services firms to leverage the cloud. Despite the disruption of this year, StockCharts was positioned for success, and we look forward to continuing to deliver our financial and market data solutions to the industry at large.”

Xignite

Xignite has been disrupting the financial and market data industry from its Silicon Valley headquarters since 2006 when it introduced the first commercial REST API. Since then, Xignite has been continually refining 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 and leverage a suite of specialized microservices-delivered modules to build efficient and cost-effective enterprise data management solutions. Visit http://www.xignite.com or follow on Twitter @xignite

01/12/2021