Company Founded: 2006
Xignite Market Data Cloud APIs
Questions for Company:
What Does it do?
The Xignite Market Data Cloud platform, hosted by Amazon Web Services, is a public cloud market data distribution solution that enables companies to centralize, distribute and optimize access to real-time market and reference data licensed by Xignite or other market data vendors.
How will your product or service advance the wealth management experience or industry?
"Xignite provided what we neededeasy-to-integrate REST APIs, flexible volume-based pricing and accurate market data," Fritz Robbins, CTO, Personal Capital We were enable by three technologies, ETFs, trading APIs and market data APIs," Andy Rachleff, President and CEO, Wealthfront.
What makes it better than all its competitors?
Exchanges and most data feed providers require high-capital investment, dedicated circuits, long-term contracts, and many other things that a small startup simply cannot spend time and money on. Legacy data providers stifle innovation. Their data feeds rely upon archaic and complex technologies that result in slow deployment and soaring server and deployment costs. Their APIswhen offeredrely upon proprietary architectures that deter developers.
Five word mantra or summary?
Market data in the cloud
Founder and CEO
Startup Capital Ventures
John L. "Launny" Steffens