That’s at least if Xignite has anything to say about it.
Fresh off its FinovateFall 2015 appearance, the financial market data provider to many of fintech’s most innovative companies is spearheading a new initiative, the #FintechRevolution API Ecosystem. The goal of #FintechRevolution – a partnership involving more than 20 other technology companies and accelerators – is to make it easier for developers to get their hands on the APIs and tools they need in order to bring their innovations to life.
Stephane Dubois, CEO and founder of Xignite, said, “This initiative consolidates the best of the best in the fintech API ecosystem. It will now be easier for firms, large and small, to start and grow financial services and fintech companies just by leveraging the APIs in the ecosystem.”
Pictured (left to right): Xignite CEO and founder Stephane Dubois and Developer Anand Viswanathan demonstrating Xignite Cloudstreaming at FinovateFall 2015.
Xignite divided the API contributions from the founding members into Workflow, Analytics and Data categories. And, as Finance Magnates reports, there is a special emphasis on what it calls “non-traditional” APIs that embrace the inclusion of social and sentiment data alongside more familiar financial data. This includes everything from the portfolio management APIs of Advisor Software to the trader mood data APIs of PsychSignal.
The APIs from all of the founding members of the Ecosystem are listed in an integrated, Xignite-powered API Catalog for easy access. All APIs have been vetted, and sales and support teams from all Ecosystem members are knowledgeable and ready to field questions from developers.
See the full list of founding members of the #Fintech Revolution below. The names of those companies that are also Finovate and/or FinDEVr alums are in bold.
Other founding members include incubators, Draper University in Silicon Valley, Fintech Sandbox in Boston, Level39 in London, and ValueStream in New York City.
Speaking of the initiative and its importance to both startups and enterprises alike, ValueStream founding partner, Greg Neufeld, noted “We wouldn’t be investing our time, relationships and capital if we didn’t believe that the transformation changes happening today are merely the tip of the iceberg.” Calling for innovators in fintech to work together to “build a better and stronger moat for the future,” Neufeld added that the entire industry of financial services is being “reinvented from the ground up.”
“And we’re excited to be a part of this movement,” he said.