XigniteCorporateActions Dramatically Improves Risk Management and Informs Faster, Better Decision Making for Asset Managers


New Web Service From Xignite Makes Corporate Actions Data Automation Simple and Cost Effective
SAN MATEO, CA June 22, 2009 - Xignite, Inc., the leading cloud services provider of on-demand, global financial market data and application components, today announced the release of XigniteCorporateActions, a new web service that delivers data on demand on key corporate actions such as mergers and acquisitions, stock splits and dividend awards. The new service enables companies to integrate these critical events into their systems and models to better manage risk and make faster, more informed asset management decisions. Globalization and the credit crisis are increasingly driving the need for companies to automate the management of corporate actions. Portfolios today often hold securities from across the globe and each exchange uses a different standard and requirement for capturing corporate actions data, increasing the volume and complexity of the data that asset managers must track. At the same time, the credit crisis has forced companies to restructure, dramatically increasing the number of events and actions. Failure to analyze the full impact of corporate actions can lead to costly mistakes when making critical investment decisions. However, many companies still rely on manual processes to obtain and manage corporate actions data due to the cost and complexity of automation, exposing them to risks and time delays in decision making. For the first time, XigniteCorporateActions delivers corporate actions data as an on-demand Web service, making it easier, faster and more cost-effective than ever before to automate corporate actions data management. As an on-demand Web service, XigniteCorporateActions enables companies to instantly integrate this time-sensitive data into their own applications without the need for any further investment in software or hardware infrastructure. Alternative solutions require companies to load and manage their own databases from data feeds or batch files, which leads to costly and time-consuming investments in software, hardware, and scarce-skilled staff. With Xignite's Web services approach, applications can instantly and directly access corporate actions data without the need for managing an on-site database. XigniteCorporateActions dramatically accelerates the process of developing corporate actions automation by offering companies application-ready data instead of large flat files requiring extensive in-house data management. At kaChing the Web's largest marketplace for investing talent, where more than 370,000 member portfolios are currently managed, the engineering team selected XigniteCorporateActions to accelerate development of their corporate actions automation. "kaChing's investing talent marketplace requires an extremely high level of financial data integrity," said Andy Rachleff, kaChing's chairman. "Our site would not be feasible without services like XigniteCorporateActions. Once again Xignite has allowed us to differentiate our service by providing information that was not previously available in a form that allows our developers to iterate rapidly." "Demand for corporate actions data automation is reaching a fever pitch due to globalization and the fall out of the economic crisis," said Stephane Dubois, CEO, Xignite. "Using Web services, XigniteCorporateActions takes the expense and pain out of integrating it into applications, enabling companies to easily automate corporate actions data management and empowering asset managers to make faster, better informed decisions." About Xignite Xignite is the leading cloud services provider of on-demand, global financial market data and application components. The Xignite financial Web Services and mash-up platform helps companies build smarter websites and software applications in minutes with zero investment and cost-effective, subscription pricing. Xignite offers over 50 solutions covering domestic and global equities, commodities, currencies, fixed income and interest rates, company fundamentals, corporate information and more. Xignite solutions power mission-critical applications and financial Web sites for more than 400 global clients, including,, NetSuite, Citi, GE Commercial Finance, ING, Starbucks, Wells Fargo and Wendy's. For more information, visit or call 1-866-XML-SOAP. About kaChing kaChing has uniquely applied an open source and social-networking strategy to build the web's largest marketplace for investing talent. kaChing's users benefit from the opportunity to prove they're great investors or find great investors to follow and will soon be able to mirror the trades of their favorite investors in their own brokerage accounts. The company's investors include Marc Andreessen, Jeff Jordan, CEO of Open Table and former president of PayPal and retired partners from Benchmark Capital and Kleiner Perkins Caufield & Byers. For more information, please visit or add the kaChing application on Facebook, MySpace or MyYahoo. For further press information regarding Xignite please contact: Annie Klein Schwartz Communications Telp: (415) 512-0770 Email:


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.

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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