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Xignite Announces Channel Partner Program

Xignite

Xignite Announces Channel Partner Program to Foster Community Focused on Making Market Data Easy for Financial Services Clients

Initial Partners Nasdaq, ChartIQ and Streamdata.io Are Addressing Capital Markets Cloud Initiatives 

SAN MATEO – July 19, 2017 -- Xignite, Inc. the leading provider of market data cloud solutions, today announced the Xignite Channel Partner Program. The new program provides partners with unique and integrated cloud-based market data solutions that empower clients undergoing digital and cloud transformation. Xignite also announced the program’s first three channel partners: Nasdaq, ChartIQ and Streamdata.io.

Xignite is partnering with market data providers, technology firms, independent software vendors, and professional service providers that offer complementary products and solutions. Xignite offers channel partners a wide range of benefits, including marketing, sales readiness, training, and technical support to ensure mutual success.

“Partners and providers play a vital role in Nasdaq’s focus on delivering high-quality, high-value data for everyone in the market including financial technology startups and established firms,” said Oliver Albers, Vice President of Global Information Services at Nasdaq. “Through our partnership with Xignite clients can seamlessly access Nasdaq Basic, Nasdaq Last Sale, Nasdaq Global Indexes and Mutual Fund data from Xignite’s Cloud APIs and integrate with innovative mobile apps, web portals and wealth management systems.”

Xignite makes market data easy for financial institutions of all types. Xignite’s Cloud APIs and Market Data Cloud solutions, hosted by Amazon Web Services (AWS), allow partners to unlock capacity and enable simplicity and interoperability for their clients with a high-availability, industry-wide mutualized infrastructure. Cloud APIs easily and seamlessly integrate multiple data types originating from more than 150 best-of-breed sources including direct from exchanges. APIs free clients from the constraints of hardware and software so that they may create, deliver and scale applications globally touching millions of users and devices. Xignite’s Market Data Cloud centralizes client entitlement, allocation, and distribution of first-level real-time and reference data licensed from vendors or contributed internally.

“Xignite and our channel partners are committed to improving the client experience,” said Marla Sofer, Head of Business Development at Xignite.  “Together, we will empower and inspire the future of finance by solving client business problems and reducing costly and redundant infrastructure.”

For more information contact partners@xignite.com.

About Xignite
Recognized as the data cornerstone enabling the growth of FinTech, Xignite, Inc. makes market data easy. Xignite pioneered the shift of market data to the cloud and is leading the disruption of the market data industry. The Xignite Market Data Cloud platform, hosted by AWS, allows companies to simplify infrastructure, scale quickly, and innovate faster. Xignite’s clients include more than 1,000 financial services, media and software companies including BMOBlackRockCharles Schwab, and TIAA, as well as leading Fintech disruptors BettermentFutureAdvisorMotif InvestingPersonal CapitalRobinhoodSoFiStockTwitsWealthfront and Yodlee. Visit http://www.xignite.com or follow on Twitter @xignite.

Media Contact
Xignite
Kerry Langstaff
+1 650-242-4466
klangstaff@xignite.com

RECENT NEWS

First $0 Commission Stock-Trading App in Canada

Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, announced today that Wealthsimple, a digital investment service focused on making investing accessible to everyone, is using Xignite financial data APIs to power Wealthsimple Trade, a new stock-trading mobile app, available in Canada. With Wealthsimple Trade, Canadians can buy and sell thousands of Canadian and US-listed stocks and ETFs without paying any trading commissions.

Wealthsimple Trade users have access to unlimited $0 commission trades of over 8,000 publicly traded stocks and ETFs listed on major Canadian and U.S. exchanges. Xignite provides real-time stock price data, fundamental data and security master data to power real-time trading, as well as the algorithms that automate investment decisions.

"Wealthsimple's products make financial markets accessible to everyone, no matter who they are or how much they have to invest," said Tara Kennedy, Head of Trading, Wealthsimple. "Partnering with Xignite provides us with the data we need to make investing simple and accessible through technology."

"We are proud to be a key enabler of the fintech revolution in Canada," said Stephane Dubois, CEO of Xignite. "We help power and inspire the disruption of the financial services industry by providing entrepreneurs like Wealthsimple with financial data APIs to help them invent new businesses and revolutionary user experiences. The world's leading robo-advisors use Xignite market data to power their platforms and apps."

About Xignite
Xignite Makes Market Data Easy. Xignite is leading the disruption of the market data industry with its AWS-based financial data distribution and market data management solutions. Xignite's Market Data Cloud Platform provides market data managers full transparency on the usage of a firms first-level real-time and reference data - making it easy for data owners to entitle, control consumption, comply with licensing requirements, allocate costs, and resolve vendor audits or invoice discrepancies. Xignite also powers financial data-driven robo-advisors, online brokerages, and investing apps with its real-time, delayed and historical pricing data offered via 500+ REST Cloud APIs. Visit http://www.xignite.com or follow on Twitter @xignite.

About Wealthsimple
Wealthsimple is a financial company on a mission to help everyone achieve financial freedom by providing products and advice that are accessible and affordable. Using smart technology, Wealthsimple takes financial services that are often confusing, opaque and expensive and makes them simple, transparent, and low-cost. Wealthsimple provides services in the U.S., the U.K., and Canada. The company was founded by a team of financial experts and technology entrepreneurs, and is headquartered in Toronto, Canada. To learn more, visit www.wealthsimple.com.

 

07/30/2019

Xignite to Integrate Analytics and Reporting Tools into Market Data Cloud Platform

By Ken Briodagh
July 10, 2019

Xciting news has come out from the market research world, according to a recent release.

Xignite, a provider of market data distribution and management solutions for financial services and technology companies, has announced a strategic partnership with XPansion, a provider of market data usage, tracking and business monitoring software, to integrate XPansion's XMon analytics and reporting functionality into its Market Data Cloud Platform.

Adding XMon functionality reportedly will provide clients with enhanced business intelligence, analytics and reporting capabilities through interrogating data usage, control and allocate costs across data vendors.

“Empowering our clients with the tools to understand how they are consuming data and providing them with technology to establish transparency and control spend in real-time has been our focus from the beginning,” said Amjad Zoghbi, Director and co-founder, XPansion. “Clients consume increasing amounts of data and coupling powerful analytics with a robust data distribution platform is essential in today's data landscape. We are very excited to be partnering with Xignite and extending XMon's analytics and controls to their next-generation Market Data Cloud Platform.”

“Market data is a complex environment where vendor fees and commercial licensing models continue to change, putting pressure on buy and sell side firms to control access and costs,” said Stephane Dubois, CEO and Founder, Xignite. “Providing clients with a solution to regain control of market data flow and consumption is core to our mission of simplifying the acquisition, management and dissemination of market data. We are delighted to partner with XPansion, combining their superior analytics with the proven data management capabilities of our Market Data Cloud Platform is a win for clients.”

07/11/2019

Xignite Forges Strategic Partnership with XPansion

“Market data is a complex environment where vendor fees and commercial licensing models continue to change, putting pressure on buy and sell side firms to control access and costs,” Xignite CEO and founder Stephane Dubois explained. He added that helping customers more efficiently use market data flow was a key element in the company’s goal of “simplifying, the acquisition, management, and dissemination of market data.”

Financial markets data provider Xignite has inked a deal with data usage, tracking, and business monitoring software firm Xpansion that will give capital markets customers even better visibility into and management of their data use and expense.

The strategic partnership will enable Xignite to integrate Xpansion’s XMon analytics and reporting functionality into its Market Data Cloud Platform. This will give Xignite customers enhanced business intelligence, analytics, and reporting capabilities, as well as dashboards and reporting tools to help users analyze and control market data use, as well as manage costs across multiple data vendors.

“Clients consume increasing amounts of data and coupling powerful analytics with a robust data distribution platform is essential in today’s data landscape,” XPansion director and co-founder Amjad Zoghbi said. Zoghbi referred to bringing greater transparency and spending controls to the use of market data as the company’s “focus from the beginning.”

XPansion specializes in cloud-based solutions that help data operations and management teams control data usage better, improving both cost-effectiveness and data governance. The company’s flagship XMon Static Data solution delivers real-time tracking of data requested from external data vendors, data flowing between internal applications and systems, and data exiting the firm as in reports or customer exports. Based in London, U.K., XPansion was founded in 2013.

Headquartered in San Mateo, California, Xignite demonstrated its Cloud Add-in solution at FinovateAsia 2017. The add-in caters to the 1.2 billion Excel users worldwide, enabling them to easily and quickly introduce data – including real-time streaming data – into their Excel spreadsheets.

Earlier this month, Xignite announced that it was the first market data vendor to join the Snowflake Data Exchange. This spring, the company was named to the WealthTech 100, along with seven of its clients including fellow Finovate alums eToro and Tradeit. Also this spring, Xignite announced a partnership with StockCharts.com.

Xignite has raised $37.6 million in funding. QUICK Corporation and StarVest Partners are among the company’s investors.

07/11/2019

 

Xignite Taps Xpansion’s Xmon Tool for Web Services Data Monitoring

Vendors say their integrated solution will deliver significant data cost savings for firms by implementing usage tracking and controls.

07/09/2019