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Xignite to license data distribution solution.

BANKING AND CREDIT NEWS-November 10, 2016-Xignite to license data distribution solution

(C)2016 M2 COMMUNICATIONS http://www.m2.com

Xignite, Inc., a provider of cloud-based financial data Application Programming Interfaces (APIs), has announced the ability to license their Market Data Cloud platform, the company said.

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 USD26 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.

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.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 10, 2016
Words:198
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