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Xignite CEO to Speak on Migrating Market Data to the Public Cloud at the World Financial Information Conference in Vancouver

klangstaff@xignite.com

Xignite, Inc., the leading provider of cloud-native financial data management and distribution solutions, announced today that Stephane Dubois, CEO and Founder, will present at the World Financial Information Conference in Vancouver, Canada. The three-day event focuses on the sourcing, compliance and delivery of financial data and features keynotes and conference presentations from leading financial services firms and technology providers. Xignite is a Technology Forum Sponsor for the event, and will also exhibit, and demonstrate their Market Data Cloud platform solution in the Amazon Web Services (AWS) Lounge. To schedule a one-on-one meeting with Xignite's management during this event, please contact klangstaff@xignite.com.

Dubois will present The Market Data Cloud: A Blueprint for Adoption on Monday, October 14 at 2:00 pm PT. He will focus on the the financial and technical benefits for financial organizations to move their real-time and delayed market data infrastructure to the cloud, highlighting three uses cases for Xignite’s Market Data Cloud microservices, which enable full transparency of market data distributed across the enterprise and can be deployed on top of existing market data feeds.

Xignite will also showcase their customer-ready market data management solutions, based on architecture validated by AWS, on Monday, October 14 at 3:00 pm PT in the AWS Lounge. Xignite was one of the first market data distribution offerings available on the cloud, moving to AWS in 2009, and the company has achieved both the AWS Financial Services Competency and Advanced Technology Partner designations, which recognize Xignite for providing deep expertise to help FinTech and financial services organizations manage their market data distribution and management solutions.

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.

 

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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. 

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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.”

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