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Xignite Clients Nominated for 20 Benzinga Fintech Awards

Xignite

Xignite, Inc., the leading provider of cloud-based financial data APIs, is proud to announce that 20 of its clients were recognized as among the most innovative financial technology companies at the 2016 Benzinga Fintech Awards held last week. Xignite clients won 11 awards, placed in 6 categories, including Founder of the Year and Overall Fintech Leader, and swept the Innovation in Mobile category winning first place, runner up and honorable mention.

Over 250 companies from five countries were considered for these awards and the most creative, innovative and disruptive were recognized at the ceremony. Benzinga, itself an emerging fintech powerhouse, created the awards to recognize the most innovative companies that are revolutionizing capital markets and wealth management and reinventing the way investors and traders perform their jobs. The high-energy ceremony was attended by some of the most influential movers and shakers in the financial services industry, all of which have been instrumental in fueling innovation in the fintech space.

Behind all 20 of these companies’ success lies Xignite market data APIs and its cloud-based platform. Xignite provides real-time and reference market data to emerging and established financial services companies to help them deliver stock market quotes and similar pricing data to their digital assets, such as websites and apps.

“We are proud to enable these fintech companies that are changing the world of financial services with their innovative products,” said Stephane Dubois, CEO and Founder of Xignite. “We are powering the leading fintech disruptors by providing these entrepreneurs with simpler, faster and less expensive financial data APIs than legacy data vendors. It is also exciting to see large financial organizations beginning to react to this sea change and trying to catch up on innovation and cost savings.”

The 20 winners and nominees are:

3rd Place Overall Winner
TipRanks is an aggregator of digitally published stock recommendations.

Founder of the Year
Chris Camillo, CEO and Co-founder, TickerTags. TickerTags monitors the social web in real-time, analyzing words and phrases that represent volume movements outside of baseline norms.

Outstanding Military Veteran in Fintech
Randy Vollen, PNC. PNC offers a wide range of services for financial success including retail banking and asset management.

Innovation in Mobile
Scout FinanceWinner. Scout Finance apps allow investors to monitor stock prices and access financial data and more when they are mobile.

Call Levels - Runner-up.  The Call Levels app allows users to track the market from their smartphone or smartwatch and set “call levels” so they receive alerts when prices they specify are hit.

DriveWealth - Honorable Mention. DriveWealth enables individuals outside the U.S. to own and trade U.S. securities.

Stash Invest – Honorable Mention. The Stash Invest app lets users choose investments tied to their interests, beliefs, and goals starting with as little as $5.

TD Ameritrade – Honorable Mention. TD Ameritrade is an online broker for stock, option, futures, forex trading, long-term investing, and retirement planning.

Leveling the Playing Field
Harvest Exchange – Honorable Mention.  Harvest Exchange provides the investment industry with more effective communication across public and private communities.

IEX Trading - Honorable Mention. IEX operates as an alternative trading system (ATS) and has applied to the SEC to become a stock exchange.

Research Platforms, Apps & Tools
TipRanks - Runner-up. TipRanks lets investors see the track record of predictions from analysts, hedge fund managers, financial bloggers and corporate insiders.

Wealthminder - Nominated. Wealthminder helps investors learn about and connect with qualified financial professionals each month as well as help advisors improve their online presence and proposal-management services.

Proprietary Technology & APIs
Envestnet – Nominated.  Envestnet provides wealth management technology and services to investment advisors.

eVestment – Nominated.  eVestment’s SmartVision solution allows investment advisors to have smarter conversations with their clients.

Xignite – Nominated. Xignite provides real-time and reference market data cloud-based APIs to emerging fintech companies and established financial services enterprises.

Analysis Platforms, Apps & Tools
ChartIQ - Nominated. ChartIQ lets users create stock and forex charts for web or mobile devices and partners with Xignite offering next generation financial widgets.

Quovo - Nominated. The Quovo platform enables financial advisors, institutions, and fintech companies to aggregate and analyze financial account data.

Finding Alpha
Data Capital Management – Nominated. DCM offers a multi-strategy hedge fund built on big data and novel data feeds.

Robo Advisor & Wealth Management Tools
Advizr – Nominated. Advizr provides financial planning software for financial advisors.

Educational Tools & Services
Peeptrade - Nominated. Peeptrade is a social trading network where anyone can see what top traders are doing with their own money in real-time.

Trading Idea Platform & Apps
Stocks for the Week - Nominated. Stocks for the Week helps investors discover undervalued stocks through smart algorithms.

About Xignite
Named one of the ten coolest brands in banking, Xignite, Inc. provides cloud-based financial market data APIs to help emerging companies and established enterprises deliver real-time and reference market data to their digital assets, such as websites and apps. Xignite’s clients include more than 1,000 financial services, media and software companies from disruptive fintech firms, such as Betterment, Future AdvisorMotif InvestingPersonal CapitalRobinhood, SoFi, StocktwitsWealthfront and Yodlee, to leading financial institutions, exchanges and market data vendors. Visit http://www.xignite.com or follow on Twitter @xignite.

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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.

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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.

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“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

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