Financial Institutions and Corporations Leverage On-Demand Market Data to Create Tailored Financial Dashboards


Flagstar Bank Selects Xignite Web Services to Improve Access to Financial Information while Lowering Total Cost of Ownership
SAN MATEO, CA May 18, 2009 - Xignite, Inc., the leading cloud services provider of on-demand, financial market data and application components announced today that Xignite Web services are used to power internal financial dashboards as an affordable alternative to proprietary financial data terminals and portal applications. Flagstar Bank is one of many companies that have switched to Xignite financial Web services to create tailored dashboards that meet the specific needs of their business, while lowering total cost of ownership by eliminating unused data feeds and unnecessary software and hardware infrastructure. Publicly traded companies, asset management firms and banks are using Xignite Web services to power internal dashboards to conduct research, monitor company performance, improve investor relations, create models and price products, loans, and assets. Xignite offers more than 50 financial Web services covering equities, commodities, currencies, interest rates and corporate information that can be integrated into any Web or software application in minutes, accelerating application delivery and eliminating development, deployment, and maintenance costs. Flagstar Bank utilizes Xignite Web services to drive an internal financial dashboard that retrieves stock prices, futures, bonds, financial rates and mortgages at a timed refresh to deliver the data to more than 3,500 employees. Flagstar selected Xignite for their ability to provide more data, faster and at a lower cost than their competition. Flagstar has deployed XigniteBATSLastSale, XigniteHistorical, XigniteMetals, XigniteMoneyMarkets, XigniteRates, XigniteFutures and XigniteIndices. "Xignite enabled us to create a powerful dashboard that provides up-to-the-minute data at a fraction of the cost and development time required by other market data providers," said Jason Dufner, senior vice president of IT Content and Banking Systems for Flagstar. "With Xignite, we are able to stay abreast of the industry's constantly fluctuating stock prices and mortgage rates, which is critical in today's turbulent economy. Furthermore, Xignite has addressed our requirements so well and the dashboard has been such a success with our users, we revised the initial project to include additional features." "Financial institutions are between a rock and a hard place with traditional market data providers. In order to access vital financial information, they are forced over invest in expensive terminals and services that go way beyond their needs," said Stephane Dubois, CEO, Xignite. "On-demand financial Web services free these organizations from this untenable situation, providing them with only the data they need and eliminating all investments in additional hardware or software. Now, companies like Flagstar can quickly build powerful internal dashboards powered by up-to-the-minute financial information that provide a solid ROI in weeks, not years." About Flagstar Flagstar Bancorp, with $16.8 billion in total assets, is the largest publicly held savings bank headquartered in the Midwest. At March 31, 2009, Flagstar operated 177 banking centers in Michigan, Indiana and Georgia and 61 home loan centers in 18 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. For more information, please visit About Xignite Xignite is the leading cloud services provider of on-demand, global financial market data and application components. The Xignite financial Web Services and mash-up platform helps companies build smarter websites and software applications in minutes with zero investment and cost-effective, subscription pricing. Xignite offers over 50 solutions covering domestic and global equities, commodities, currencies, fixed income and interest rates, company fundamentals, corporate information and more. Xignite solutions power mission-critical applications and financial Web sites for more than 400 global clients, including,, NetSuite, Citi, GE Commercial Finance, ING, Starbucks, Wells Fargo and Wendy's. For more information, visit or call 1-866-XML-SOAP. For further press information regarding Xignite please contact: Clinton Karr or Annie Klein Schwartz Communications Telp: (415) 512-0770 Email:


In the foreign metal market and the world of international rates, currencies play the crucial role of acting as the medium of exchange in the transactions that take place.

Currencies like the United States dollar, the Euro, or the British Pound are commonly used around the world in order to get a metal rate. Some companies that offer precious metal live and historical rates have exposed their APIs (Application Programming Interfaces) to allow developers to integrate current and historical metal rates, currency conversion, or other capabilities into their applications.

In order to know about precious metals live and historical rates, there’s a lot of APIs available online, and if you want to try one, Barchart is going to be one of your first options. But if you take a look at what else is in the market, you’ll find alternatives so many great alternatives:

Xignite Market Data Cloud Platform

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. 

Xignite Cloud APIs are sourced from leading providers such as FactSet and Morningstar as well as Xignite’s own curated, high-quality data.

Read the article Top 3 Alternatives for Barchart Precious Metals Rates


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.

Read article on Bobsguide


Web services data provider Xignite captured the AFTAs judges’ attention on the infrastructure front with its release of Xignite Enterprise Microservices in July 2020, a suite of cloud-based microservices for data management, storage and distribution in the cloud, designed to help financial firms migrate from monolithic legacy data architectures to more agile and less expensive cloud services and data sources.

Requires subscription to read the article on WatersTechnology


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.”


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 or follow on Twitter @xignite