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Xignite Joins Snowflake Data Exchange as First Market Data Vendor

klangstaff@xignite.com

Xignite, Inc. today announced they have joined the Snowflake Data Exchange, a newly created data marketplace developed by Snowflake, the data warehouse built for the cloud.  Xignite will provide end-of-day and historical equities pricing data, as well as currency exchange rates data to the marketplace.

The Snowflake Data Exchange is a free-to-join marketplace that enables Snowflake customers to connect with data providers to seamlessly discover, access and generate insights from their data. Unlike traditional data transfer done via APIs or extracting data to cloud storage, the Data Exchange improves control and security related to exchanging data and makes the integration and query of data seamless and dynamic. The Data Exchange is currently available in private preview, with public preview set to launch later this year.

“Financial data is one of the most-requested types of data by our customers. Legacy approaches to delivering financial data involve on-premises equipment and decades-old APIs that introduce significant friction and barriers to getting the most out of this type of data—not to mention the additional risks to security with this method,” Snowflake VP of Data Sharing, Justin Langseth said. “We are excited that Xignite is providing rich financial data sets via the Snowflake Data Exchange, enabling Snowflake users to discover, access, and leverage that data in a much simpler, faster, and less costly way.” 

“One of the industry’s biggest pains is the fact that non-cloud architectures force firms to replicate data storage before they can use it, which is very expensive and complex to manage. The Data Exchange enables Xignite to deliver Snowflake customers real-time access to our financial data to power their data driven applications without ever having to replicate information,” said Stephane Dubois, CEO and Founder, Xignite. “Providing customers with easy access to financial data has always been the mission of Xignite. And providing direct access to our data from a major cloud analytical platform like SnowFlake is a huge and innovative milestone in that direction.”

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 firm's 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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Provides Easy Access to End-of-Day and Historical Stock Price Data 

 

Xignite, Inc. today announced their financial data APIs  are now available in AWS Data Exchange, a new service that makes it easy for millions of Amazon Web Services (AWS) customers to securely find, subscribe to, and use third-party data in the cloud. Xignite is providing AWS Data Exchange customers with end-of-day and historical equities and ETFs trading on North American exchanges: In addition to closing prices, the data includes open, high, low, volume, and simple corporate actions data such as dividend amounts and split ratio for the securities.

Xignite is an Advanced Technology Partner in the AWS Partner Network (APN) and has achieved AWS Financial Competency status. Xignite was also one of the first market data distribution offerings available on the cloud, launching on AWS in 2009. Xignite financial data APIs have been listed in AWS Marketplace since 2014. These designations recognize Xignite for providing deep expertise and relevant technical proficiency delivering solutions seamlessly on AWS.

“As one of the first market data providers running on AWS, Xignite has recognized expertise in working with financial data on the cloud,” said Stephane Dubois, Xignite CEO and Founder. “Extending our financial data APIs from AWS Marketplace to AWS Data Exchange was a natural progression and aligns with our goal of “Making Market Data Easy,” said Dubois.

Xignite customers integrate financial data via Cloud APIs to power FinTech apps, such as robo-advisors, trading platforms, stock charts and investment analysis software. Accessed via the cloud, the company 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.

“As our Financial Services customers continue to move to the cloud, they’re increasingly looking to consume market data in a cloud-native way,” says Samantha Gibson, Head of Financial Services Business Development, AWS Data Exchange, Amazon Web Services, Inc. “The availability of Xignite’s data in AWS Data Exchange allows customers to seamlessly integrate data into their analytics and machine learning models running on AWS and we are looking forward to seeing the innovation from our shared customers.”

About Xignite

Xignite Makes Market Data Easy. Xignite is leading the disruption of the market data industry with its Amazon Web Services (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 firm's 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.

01/28/2020

2. Xignite

01/23/2020

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.

 

10/14/2019

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