Stephane Dubois Believes That in a Few Years, All Market Data Will Originate in the Public Cloud


Tell me about Xignite – why did you start the firm?

Xignite is a typical story of a firm that stumbled into a real problem and pivoted to address it. At first, I started the company to create a b2b wealth management platform. I used to run Product Management for Advent Software, a software company providing portfolio management software to investment management firms. Wealth Management was a natural extension from Portfolio Management. We were not quite successful with that wealth management solution. But we needed financial market data in order to power and demo our platform. This was in the early 2000’ and was looking for XML data via APIs, something that just did not exist. We could only find complex legacy solutions instead. So we created our first REST API by scraping Yahoo Finance and using them as demos. We listed our APIs in some of the first API directories of the time, and quickly some firms started asking us to build a commercial version of that API, which we did. This was more than 10 years ago. Today, REST APIs are broadly accepted as a key component of next-generation architectures, our APIs are among the most popular in the world, and we have the privilege to power some of the best wealth management platforms in the world such as robo-advisors Betterment, Personal Capital, and Wealthfront.

Can you name some of your clients?

Our clients include a wide range of business as shown below:


Who are your partners and how they contribute to Xignite growth?

Our partners are plentiful and they all contribute to our success in different ways:
Amazon Web Services —which we have used since 2008 have allowed us to scale our technology beyond everything we initially imagine and have helped redefine the role and architecture of APIs and their impact on enterprises.
Global Exchanges and Data Vendors such as FactSet, Morningstar, NASDAQ, Wall Street Horizon, Mergent, and BATS allow us to distribute and integrate their data into a simple, scalable and one-stop-shop offering that make it easy for our customers to build innovative applications.

More below:


Technology providers such as ChartIQ and—whose technology helps us enrich our own offering and better serve our clients.

What is your traction so far?

  • We have about 1100 customers globally in 55 countries.
  • Around 35% of our business is conducted outside of the US with significant growth in Asia and EMEA.
  • Through our platform, we reach tens of thousands of firms and tens of millions of users either directly or indirectly via our clients embedding our data into their websites, mobile apps or enterprise SaaS solutions.
  • We have more than 45 product offering totaling more than 650 API end points (the largest integrated API suite in the world).
  • We have served more than 1.2 Trillion API requests so far in 2016 are on track to serve more than 1.5 trillion. Putting us in the same category as the likes of Twitter, Google, and Netflix—all serving trillions of APIs per year.
  • Usage on our platform grows 300% annually.
  • Xignite has raised more than $37M in capital in 3 rounds, including a $20.5M Series C round in February 2016.

Read the rest of the interview at the Accern Blog.


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