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Xignite Scales Leadership and Sales Teams, Adds Financial Services Industry Veterans

Xignite

Cloud-based Market Data API Provider Opens New York Office to Service Rapidly Growing Capital Market Customer Base

Ryan Burdick

Xignite, Inc., the leading provider of cloud-based financial data application programming interface (APIs), announced today it has expanded its leadership team adding two senior financial services executives, Ryan Burdick, Senior Vice President and Global Head of Sales and Marla Sofer, Senior Director, Strategic Business Development. The company also announced that it has opened an office in the New York financial district to serve Xignite’s East Coast activities and hired market data industry veteran Dina Xu as its first New York-based sales director.

Xignite is leveraging capital raised in a Series C funding to further scale its sales and marketing efforts in order to fuel the company’s continued global growth in financial services technology. The company is looking to add upward of 20 employees globally in 2017.

“Ryan, Marla and Dina bring incredible financial services technology experience that will help us tremendously in educating the capital markets industry about the challenges and opportunities they face as they prepare to migrate their market data infrastructure to the public cloud,” said Stephane Dubois, Xignite CEO and Founder.”

Ryan Burdick joins the company as Senior Vice President, Sales and will be based in New York. Burdick brings over fifteen years of expertise in financial information technology and has led several companies through rapid growth and profitability. At Xignite, he will be responsible for the worldwide sales team and partners, as well as continue to build on Xignite’s record 2016 results and rapid expansion in Asia. Prior to Xignite Burdick served as Head of Client Management North America for Markit, leading a team responsible for managing the company’s enterprise software clients. Prior to Markit he was Vice President at S&P Capital IQ responsible for building partnerships and alliances to grow sales for the company’s large portfolio of complex enterprise data and analytics solutions.  Burdick also has held senior sales positions at Standard and Poor’s. He graduated from St. Lawrence University Canton, NY.

Marla Sofer has been appointed Senior Director, Strategic Business Development. She will be responsible for managing key partners, redistribution clients and special marketing initiatives, including the #FinTech API Ecosystem. Sofer joins Xignite from Lending Club where she was Head of Third-Party Monitoring and Oversight. Prior to Lending Club, she was a founding member of the team that launched the Global Provider Strategy function at BlackRock responsible for developing and executing BlackRock’s operating strategy for selecting, managing, and partnering with global banks, index licensors, and market data providers. Previously she was at J.P. Morgan responsible for servicing asset management and institutional clients. She holds an MBA in Business Strategy and International Business from Rutgers University and a BA in Sociology and Hebrew from the University of Texas at Austin. 

Dina Xu joins Xignite as Director of Global Sales Director. Based in New York, Xu brings 14 years’ experience from S&P Capital IQ where she helped to build the company’s business in Asia and North America, opening Capital IQ’s first office in China.   

About Xignite

Named one of the ten coolest brands in banking, Xignite, Inc. empowers innovation across financial services. Xignite provides cloud-based real-time and reference market data to financial services and fintech companies for easy integration with websites, apps, and software. The Xignite Market Data Cloud platform, hosted by AWS, allows companies to simplify infrastructure, scale quickly, and innovate faster. Xignite’s clients include more than 1,000 financial services, media and software companies including BMO, BlackRock, Charles Schwab, and IEX, as well as leading fintech disruptors such as BettermentFutureAdvisorIEX, Motif InvestingPersonal CapitalRobinhoodSoFi, StockTwitsWealthfront and Yodlee. Visit http://www.xignite.com or follow on Twitter @xignite.

Media Contact
Xignite
Kerry Langstaff
+1 650-242-4466
klangstaff@xignite.com

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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.

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