Jul 23, 2020
Xignite and SIX have partnered to offer the entire catalog of SIX real-time market and reference data from the cloud via (recently announced) Xignite microservices. This is the first time ever that such a comprehensive set of market data has been offered via a native cloud solution. The partnership underscores the growing interest among financial institutions to stop maintaining complex and expensive on-premise infrastructures and migrate mission-critical activities to the cloud.
NICE Actimize, the first customer from the new partnership, recently replaced its legacy solution with Xignite's Real-Time Microservice to onboard and manage multi-asset class, level 1 and 2 co-located feeds from multiple sources, and is using exchange prices and other data from SIX in its Surveil-X trade surveillance tool.
“Partnering with Xignite is a great leap for SIX in making its market data easily available to all buy-side and sell-side professionals. While making the richness, depth and wide coverage of our Market Data Feed available via Xignite’s cloud-based solution, we offer clients streamlined access to the highest quality data without a complicated acquisition process, burdensome integration or costly development,” commented John McManus, Head Sales, Financial Information, SIX.
Xignite Enterprise Microservices are a suite of data vendor-agnostic services that large firms can deploy to migrate their market data infrastructure and any of their existing data sources, including Bloomberg, Refinitiv and ICE, to the cloud. Xignite’s battle-tested cloud-native solution currently serves more than 12 billion API calls per day to 750 clients around the world--making it the largest cloud API platform in capital markets.
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