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Xignite Recognized as Leading Fintech Firm in AlwaysOn 2015 Global 250 Private Companies Rankings

Xignite

Leading Market Data Provider Listed Among Influential Industry Peers in Annual Awards

Xignite, the leading provider of market data cloud solutions, announced today that it has been listed as a winner for the AlwaysOn 2015 Global 250 Private Companies rankings in the “Fintech” category.

The AlwaysOn Global 250 winners represents the top emerging companies that are creating new business opportunities and developing radical new approaches and technologies that are likely to push outside the bounds of existing markets sectors. To choose winners, the AlwaysOn editorial team, along with investment and industry experts search among the entrepreneurial community to identify the Global 250 companies that are creating high-growth businesses that offer huge upside potential for investors.  Companies are selected based on a set of five criteria including innovation, market potential, commercialization, stakeholder value, and media buzz.

Xignite’s placement on this list recognizes their tremendous growth and position as the force that fuels innovation and entrepreneurship in the fintech industry by powering many of the major fintech companies today with its robust market data APIs and its cloud-based platform. Xignite makes the access and integration of market data simple, allowing fintech entrepreneurs to focus on growing their business while also proving as a highly cost-effective solution.

“We are very honored to be included in this list of top-notch private companies,” said Stephane Dubois, CEO of Xignite. “This category is a real testament to the rapid expansion of financial technology as demand for innovative solutions continues to grow. We are in an industry that is ripe for disruption and Xignite is dedicated to continuing our work in powering the fintech revolution.”

“The AlwaysOn Global 250 are the best-of-breed private companies in consumer and business-to-business applications, and cloud and mobile infrastructure sectors—representing the fastest growing and most highly valued new companies on the planet,” explains AlwaysOn Founder and Editor, Tony Perkins. “The consumer companies continue to explode along with the mobile boom and the proliferation of billions of other connected devices that make up the long heralded ‘Internet of Things,’ and the business market continues to be reinvented by a new generation of big data and analytics companies and new efficiencies in cloud technology and services."

The winners of the award will be honored at the Silicon Valley Innovation Summit 2015 on July 8-9, 2015 in Mountain View, CA.

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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.


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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

01/12/2021