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Xignite Announces Microsoft Excel Add-In for Market Data API Suite

Xignite

Xignite, Inc. the leading provider of market data cloud solutions, today announced Xignite CloudAddIn, a Microsoft® Excel Add-In that lets analysts, portfolio managers and other users access and integrate streaming real-time and historical Xignite financial market data into spreadsheets by simply calling Excel functions.

Excel is often used by analysts, quants, portfolio managers, and other professionals to perform investment analysis. But pulling market data into Excel can be quite challenging and may require programming skills. Xignite’s new CloudAddIn simplifies extracting and integrating financial data. After installing the CloudAddin, users can easily access billions of financial data points from any of Xignite’s 45 APIs, which cover millions of instruments across all asset classes, including equities, ETFs, mutual funds, fixed income, forex, create data, options, futures, and other derivatives. Users can also stream real-time data into Excel via HTTP by simply by calling an Excel function. The Xignite CloudAddIn, developed in partnership with Risk Focus, Inc. is available now.

“The world still runs on Excel and Wall Street is seriously addicted to it” says Stephane Dubois, CEO and Founder of Xignite. “Most professional and retail investors still use Excel to develop analytical models and drive investment decisions. The financial data needed to feed those models often come from expensive terminals or unstable sources via legacy interfaces or painful and time-consuming manual downloads. By providing direct and incredibly easy access to the sea of data we have in our Market Data Cloud, we believe the can dramatically speed up and simplify the life of users, and maybe save them the cost of a few terminals in the process.”


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 in the AWS cloud, 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 BettermentEnvestnet|YodleeFutureAdvisorMotif InvestingPersonal CapitalRobinhoodSoFiStockTwits, and Wealthfront. Visit http://www.xignite.com or follow on Twitter @xignite.

 

RECENT NEWS

Xignite, Inc., the leading provider of market data cloud solutions for financial services has been selected to present a keynote case study at The North American Financial Information Summit - NAFIS 2019, a technology-focused conference for senior data, compliance and technology executives.

Stephane Dubois, CEO and Founder of Xignite, will discuss the benefits for large financial institutions in migrating their real-time market data to the cloud. He also will review the pros and cons of several deployment approaches, as well as dive into the unique challenges of scalability, migration and reliability.

Xignite's presentation will take place on May 21 at the event. If you are interested in speaking with Xignite, please contact: klangstaff@xignite.com

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.

05/20/2019

Xignite, Inc., provider of financial data distribution and market data management solutions for financial services and technology companies, announced today it has been named to The WealthTech 100 list of innovative technology providers that are  transforming the global investment industry. Xignite also had 7 WealthTech clients on the list, including BUX, eToro, Oranj, Private Wealth Systems, Tradeit, Trizic, and YCharts.

WealthTech is one of the fastest growing sectors within the FinTech industry, with investments reaching $4.6 billion in 2018 according to FinTech Global.

Xignite WealthTech clients include leading digital asset management, robo-advisors and digital brokerages, including Betterment, FutureAdvisor, ElleInvest, Robinhood, Personal Capital, Wealthfront and WealthSimple, as well as institutional investment providers developing portfolio management, analytics tools and financial planning software for their clients. Xignite institutional clients include Advizr, Asset Advantage, BlackRock, Envestnet, Orion Advisor Services, JemStep, SigFig and Solivis.

“Xignite is proud to be named to the inaugural WealthTech 100 list and recognized as a leading technology provider”, said Stephane Dubois, Xignite CEO and Founder. “The industry’s leading robo-advisors understand the power of the cloud and rely on Xignite market data to power their financial data driven algorithms and trading functionality.”

The WealthTech 100 recognizes solution providers for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the investment value chain. A full list can be found at www.WealthTech100.com.

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.

04/23/2019

Running on AWS, Xignite Powers 1000 Financial Technology Apps

Xignite, Inc., provider of market data API and distribution solutions for financial institutions and financial technology companies, announced today it has reached a milestone of serving five billion API requests each day. Running on Amazon Web Services (AWS), Xignite was one of the first market data distribution offerings available on the cloud, moving to AWS in 2009. Xignite also announced that they have launched their Market Data API and Market Data Cloud solutions on AWS Solutions Space. 

Xignite customers power FinTech apps, such as robo-advisors, trading platforms, stock charts and investment analysis software, by integrating financial data via APIs. Unlike legacy data providers which require on-premise infrastructure to store and process market data, Xignite data is accessed via the public cloud. Xignite serves more than 150 billion API requests each month. Xignite’s real-time, end of day and historical reference pricing data is sourced from more than 100 data providers, including Morningstar, FactSet, MSCI and direct from global exchanges.

To help process the millions of API requests per day, Xignite is supported by AWS. The features and services of AWS enable Xignite to effectively and dynamically scale its delivery of real-time financial information, while optimizing computing and network resources freeing customers from the constraints of on-premise hardware and allowing them to create, deliver, and scale applications globally, touching millions of users and devices.

Xignite client StockCharts helps investors visualize financial data so they can make smarter investing and portfolio management decisions. “StockCharts integrates daily and historical pricing data from Xignite market data APIs to generate our charts for our 1.6 million monthly users,” says Grayson Roze, Business Manager, StockCharts. “Because Xignite runs on AWS, they can easily scale and handle our data demands at peak times,” said Roze.

Xignite Market Data API and Market Data Cloud solutions are now listed on AWS Solutions Space.  Solutions Space allows AWS Financial Competency Partners to showcase their customer-ready solutions based on architecture validated by AWS.  Xignite has achieved both the AWS Financial Services Competency and Advanced Technology Partner status. These designations recognize Xignite for providing deep expertise to help FinTech and financial services organizations manage their market data distribution and management solutions, powering offerings such as robo-advisors, trading platforms, stock charts, and investment analysis software. Xignite has demonstrated relevant technical proficiency and proven customer success, delivering these solutions seamlessly on the AWS Cloud environment.

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 in the AWS cloud, 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 BMO, BlackRock, Charles Schwab, and TIAA, as well as leading  FinTech disruptors Betterment, Envestnet|Yodlee, FutureAdvisor, Motif Investing, Personal Capital, Robinhood, SoFi, StockTwits, and Wealthfront. Visit http://www.xignite.com or follow on Twitter @xignite.

07/17/2018

 

Risk Focus, Inc., the specialist provider of trading, regulatory, and risk services, announced today that its APIX For Excel product is the engine that powers Xignite Inc.’s CloudAddin, a Microsoft® Excel stock quotes add in API, specifically designed for Excel power users, application developers and data scientists. APIX powered Xignite CloudAddin lets analysts, portfolio managers and quants access and integrate streaming real-time, fundamentals and historical financial market data directly into Excel spreadsheets. APIX is unique in its ability to dynamically expose enterprise service APIs to Excel® in the form of easy-to-use native functions. APIX combined with zero footprint data APIs from Xignite completely eliminates the need to store or manipulate market data on customer site.

Srikant Ganesan, Head of Risk and Trade Solutions at Risk Focus, commented: “CTOs and software groups struggle to make Excel-based applications first class consumers of the data service APIs already being used by the rest of their organizations. They usually have to support custom solutions for their Excel clients that don’t scale well and are difficult to secure and audit; they also require frequent deployments onto the desktop. Despite this, Excel is widely used by every client we work with. We call this ‘the Excel Paradox’ and are pleased that Xignite has selected APIX for its CloudAddin so that clients can benefit from the flexibility of Excel, while accessing the models and data they need through secure, scalable, supportable and auditable APIs.”

“The world still runs on Excel and Wall Street is seriously addicted to it,” says Stephane Dubois, CEO and Founder of Xignite. “Most professional and retail investors still use Excel to develop analytical models and drive investment decisions. The financial data needed to feed those models often come from expensive terminals or unstable sources via legacy interfaces or painful and time-consuming manual downloads. By using CloudAddin for seamless access from Excel to the sea of data we have in our Market Data Cloud, our clients can have a consistent market data source across their application stack, and maybe even save the cost of a few terminals in the process.”

Xignite’s new CloudAddin simplifies extracting and integrating financial data. After installing the CloudAddin, users can easily access billions of financial data points from any of Xignite’s 45 APIs, which cover millions of instruments across all asset classes, including equities, ETFs, mutual funds, fixed income, forex, options, futures, and other derivatives. Users can also stream real-time data into Excel via HTTP by simply calling an Excel function.

03/19/2018