Xignite to License its AWS-based Market Data Cloud Platform to Exchanges and Data Vendors
11.09.2016Xignite – HONG KONG – Xignite, Inc., the leading provider of cloud-based financial data Application Programming Interfaces (APIs) announced today the ability to license the company’s Market Data Cloud platform.
The Xignite Market Data Cloud is a cloud-based market data distribution solution that helps exchanges and financial data vendors distribute their data via massively scalable APIs from the Amazon Web Services (AWS) public cloud. The solution allows market data to remain stored in the cloud and be consumed only when, and, as needed. The Xignite solution enables exchanges, data vendors, index companies and other data originators in the $26 billion market data space to quickly upgrade or replace legacy distribution technology, while drastically reducing their infrastructure costs. Customers can deploy and independently operate the Xignite platform in their own cloud environments.
Today, most real-time and reference data is distributed via proprietary terminals, such as the Bloomberg Professional, legacy data feeds, such as those offered by Thomson Reuters, or flat files over FTP. These legacy approaches are infrastructure-heavy and require firms to replicate the market data inside their data centers at great expense. The solution helps customers such as financial institutions and fintech companies innovate while drastically reducing their infrastructure costs.
“In a few years, most enterprise applications will have migrated to the cloud and billions of devices consuming such data will also be operating off the cloud,” says Stephane Dubois, CEO and founder of Xignite. “If your data is not in the cloud by 2020, your business will probably not survive.”
Xignite is the pioneer of market data in the cloud, introducing its first pure-play commercial REST API in 2003 and its first AWS-powered API in 2008. The firm serves more than 1 trillion API requests per year and usage is growing by more than 300% year on year.
The Market Data Cloud supports:
- Delivery of data via cloud-based REST APIs (CloudAPIs), HTTP streaming to end-user devices (CloudStreaming), HTML5 widgets (CloudWidgets), cloud-based files delivered to AWS S3 accounts (CloudFiles), and market event alerts (CloudAlerts).
- Instruments in every financial asset class (equities, ETFs, mutual funds, fixed income, FX, futures, options and other derivatives)
- Delivery of real-time data, historical time series data, fundamental data, tick data and reference data from global markets.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
Citi Sky provides actionable insights and anticipates client needs through advanced voice & avatar technology.
-
FixConnect operates seamlessly in a 24/7 trading environment.
-
The company aims to expand adoption of digital collateral mobility solutions.
-
CENTRL provides AI-powered due diligence solutions for financial institutions.
-
FundOS offers managers a streamlined path to tokenization without rebuilding the way their funds already run.