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Xignite Launches On-Demand Bond Data with S&P CUSIP Codes

Xignite

Xignite’s Latest On-Demand Web Service Delivers U.S. Corporate Bond Data with Standard & Poor’s CUSIP Codes
San Mateo, CA — March 23, 2010 Xignite, Inc., the leading cloud services provider of on-demand global financial market data and application components, today announced the immediate availability of XigniteBondMaster, an on-demand web service delivering data covering over 125,000 U.S. corporate bonds, including CUSIP codes from Standard & Poor’s. The new web service gives software developers a systematic way for their applications to receive corporate bond reference data directly over the Internet. The XigniteBondMaster web service offers corporate bond maturity dates, coupon rates and master data about bond issuers. All bond data can be searched easily by the name of the issuer or by unique identification codes such as the VALOR number, the International Securities Identification Number (ISIN) or the Standard & Poor’s Committee on Uniform Security Identification Procedures (CUSIP) code. Thanks to a new agreement between Xignite and Standard & Poor’s, Xignite’s customers can now look up bond CUSIP codes using XigniteBondMaster. Owned by the American Bankers Association and operated by Standard & Poor’s, CUSIP codes are universally recognized as unique identifiers for over 8.4 million financial instruments. As a cloud-based web service, XigniteBondMaster delivers corporate bond data on an on-demand basis, saving technology development time and expense. Software developers and IT departments can use XigniteBondMaster to add corporate bond data to their software applications. With XigniteBondMaster’s application-ready interface, applications can retrieve bond data on-demand over the Internet right at the moment when a user needs the data. Using on-demand bond data, application developers are able to eliminate the high costs and time commitments of managing bond data locally. “XigniteBondMaster has allowed us to stay focused on our core business, helping our clients manage their regulatory compliance, rather than spending our resources on data management infrastructure,” said Tad Mitchell, President and COO of Compliance11, the leading provider of on-demand regulatory compliance management solutions for the financial services industry. Compliance11 is using XigniteBondMaster to help their clients enforce employee bond trading restrictions by comparing bond data from XigniteBondMaster with brokerage reports and their clients’ restricted lists. “We’ve experienced very strong demand specifically for bond data delivered in an on-demand format,” said Stephane Dubois, Xignite’s CEO. “We’re thrilled to be expanding into the bond arena now with the launch of our latest service. And we’re just as thrilled to be able to offer our customers the ability to look up bond CUSIP codes as part of the service.” XigniteBondMaster is publicly available as of March 23, 2010 on the Xignite website at http://www.xignite.com/xBondMaster.asmx. CUSIP codes are available through XigniteBondMaster only to companies with the appropriate agreements in place with Standard & Poor’s. About Xignite Xignite is the leading cloud services provider of on-demand, Web services for professional-grade financial market data and applications, fulfilling more than one billion service requests per month. Xignite offers the broadest selection of financial Web services available today with more than 50 solutions covering domestic and global equities, commodities, currencies, fixed income and interbank interest rates, analyst predictions, company fundamentals, corporate information and news. Xignite solutions power mission-critical applications for portfolio management, sales management, trading, investor relations, executive dashboards, asset pricing, ERP, accounting, e-commerce, online games and financial Web sites for more than 600 global clients, including Citi, GE Commercial Finance, Wells Fargo, ING, Marsh & McLennan, Forbes.com, NetSuite, kaChing.com, Wolfram|Alpha, Seeking Alpha, Starbucks, and Wendy's. For more information, please visit www.xignite.com or call 1-866-XML-SOAP. Media Contact: Landon Long Xignite Inc. llong [at] xignite.com 1.650.655.3700

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Xignite Market Data as a Service was one of the first market data services built to run in AWS and they are one of the few vendors that is an AWS Advanced Technology Partner with a Financial Services Competency.

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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Each year, Bobsguide asks the market to vote for fintech companies they believe stand out from the competition – those who have gone the extra mile in terms of development and servicing their clients. Xignite is proud to be listed as the "Best API Management" vendor on the Bobsguide 2020 Rankings.


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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.”

“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.”

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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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