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Information Builders and Xignite Partner for First-Ever Integration of On-Demand Financial Web Services with Enterprise Reporting

Xignite

Information Builders’ WebFOCUS Reporting Solution Extends Xignite’s Financial Web Service Offerings to Bring Users Dynamic Reporting Capabilities

 
NEW YORK & SAN MATEO, Calif. Sept, 09, 2006--Information Builders, the enterprise business intelligence (BI) standard of choice for organizations around the world, and Xignite -- the leading pure-play provider of financial web services for mission-critical corporate applications -- today announced a partnership that integrates Xignite’s popular web services suite of on-demand financial market data with Information Builders’ WebFOCUS active reporting capabilities. Xignite develops and markets more than 35 financial web services that deliver real-time stock quotes, exchange rates, market insight and more. The company used WebFOCUS to create 400 active report templates to accompany its on-demand SOAP-based components. The reports enable users to analyze and report against live financial market data directly from Xignite. Users of WebFOCUS could easily create such reports to integrate dynamic financial data into their own enterprise reporting applications. “On-demand web services are catching on as a great way to deliver business value in the easiest possible way,” said Stephane Dubois, CEO of Xignite. “Users in the financial services industry and others are looking for easy ways to directly use data from web services. WebFOCUS lets users query our web services and perform powerful analytic functions like sorting, filtering, and charting on that data -- all with just a few clicks. This makes our information even more valuable and useful to our clients.” “Xignite provides an ideal platform for incorporating financial data into BI applications,” said Gerald Cohen, CEO of Information Builders. “Using Xignite’s pre-packaged web services, developers can incorporate real-time, dynamic data feeds into executive BI reports in minutes, without needing to deploy any additional infrastructure.” WebFOCUS Active Reports, which combine data and interactive controls into a self-contained HTML file, operate within a web browser without the need for any plug-ins or client-side software. This unique reporting technology lets users interact with the accompanying data as if they were using a general-purpose report writer. Reports are saved along with the data, and can be reused in an interactive fashion on demand. This interactivity is maintained even when a client is disconnected from the network. WebFOCUS Active Reports can also be sent by e-mail, with no additional software or license required by the recipient. WebFOCUS Active Reports are catching on quickly as web services because they can deliver analytic capabilities to completely portable and disconnected environments, without requiring any special software. Sometimes called “portable analytics,” this unique reporting technology is ideal for people who need information on the go, such as mobile workers who spend most of their time visiting clients, or service professionals who travel from site to site. Xignite’s web services are used by hundreds of companies throughout the world. Because they are flexible and easy-to-integrate, Xignite offerings power different types of applications across many industries. Xignite’s on-demand delivery model makes web services compelling for organizations of all sizes -- especially in conjunction with this new reporting technology. About XigniteXignite (pronounced “x-ignite”) is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald’s, Marsh & McLennan, Starbucks, and Wendy’s. For more information, please visit www.Xignite.com About Information BuildersInformation Builders is the leader in enterprise business intelligence and real-time operational reporting. The company’s WebFOCUS product -- the industry’s most scalable, secure, and flexible -- is able to meet all the reporting needs of the extended enterprise, ranging from analysts to power users to the widest deployments for hundreds of thousands of users. Additionally, WebFOCUS' empowerment of organizations seeking to leverage all their data -- by accessing it all from legacy to data warehouse -- is unmatched. Information Builders’ award-winning technology has successfully provided quality software and superior services for 31 years to more than 12,000 customers, including most of the Fortune 100 and U.S. federal government agencies. Headquartered in New York City with 90 offices worldwide, the company employs 1,750 people and has over 350 business partners.

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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

02/25/2021

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

01/26/2021

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

01/25/2021

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

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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