SAN MATEO, Calif. November 13, 2006--Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, today announced that it delivered live stock market data to a custom website used to provide market information in connection with McDonald’s recent exchange of its common stock (NYSE:MCD) for class B common stock in Chipotle Mexican Grill (NYSE:CMG). The pricing mechanism for the transaction was based in part on calculation of "daily volume-weighted average price" (or VWAP) of McDonald's common stock and Chipotle class A common stock. Xignite's VWAP web service was used to provide the VWAP data via a custom website built and hosted by Xignite (www.ChipotleExchange.com). The availability of precise, reliable executive biographical and compensation information is mission-critical to a variety of corporate applications – including customer relationship management, sales management, industry research, and analytical applications. Xignite’s on-demand platform lets application developers source and integrate this data in minutes instead of researching, mining, and translating this external data themselves. "Our VWAP web-service is designed for use in any brokerage application to ensure effective compliance at an affordable rate and with little development effort," said Stephane Dubois, CEO of Xignite. "We are honored to have worked with McDonald’s on such a strategic, high profile project. This project shows how web services can help an entire organization to be more nimble in the face of tight schedules and technical mandates." About Xignite Xignite (pronounced "x-ignite") is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald's, Marsh & McLennan, Starbucks, and Wendy’s. For more information, please visit www.Xignite.com.
Home » Press Releases » Xignite Web Services Powered McDonald’s Corporation ChipotleExchange.com Website
"Cloudification of Capital Markets" On-Demand WebinarView Now
Most Recent Articles
Xignite Announces Channel Partner Program
Xignite Announces Channel Partner Program to Foster Community Focused on Making Market Data Easy for Financial Services Clients
CB Insights Reveals the Fintech 250 List at Future of Fintech
Xignite Named to the 2017 Fintech 250, Highlighting Advancements in Cloud-based Market Data
Xignite Hires Mark Rowe as CFO – Company Poised for Rapid Growth
Xignite announced that former Microsoft executive Mark Rowe has joined the company as its Chief Financial Officer (CFO).
Xignite Adds Morningstar Global Funds Data to Its Market Data Cloud Platform
FinTech Robo-Advisors, Online Brokerages and Investor Analytics Companies Will Benefit From Easy API Access to Global ETF and Mutual Funds Data
Xignite Scales Leadership and Sales Teams, Adds Financial Services Industry Veterans
Cloud-based Market Data API Provider Opens New York Office to Service Rapidly Growing Capital Market Customer Base
Xignite to License its AWS-based Market Data Cloud Platform to Exchanges and Data Vendors
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.
Xignite Webinar: The Cloudification of Capital Markets
Xignite, Amazon Web Services and featuring Forrester: webinar to address how market data APIs allow banks to innovate at the speed of a fintech startup
Xignite Clients Nominated for 20 Benzinga Fintech Awards
Xignite Fintech Clients Execute Clean Sweep of Innovation in Mobile Category and Win 11 Awards
Xignite Provides Free Use of Market Data APIs to Nine FinTech Sandbox Residents
Xignite is proud to announce that three FinTech Sandbox residents will showcase solutions powered by Xignite market data at the FinTech Sandbox Demo Day on March 24th.
Xignite to Showcase Financial Data Streaming and Alerts API Solutions at FinDEVr New York
Xignite will showcase CloudStreaming and CloudAlerts, two new APIs that allow fintech developers to stream real-time market data to digital financial applications, and add notification alerts.
Xignite Forex Data Now Available in the Oracle Cloud Marketplace
Xignite XigniteGlobalCurrencies API is now available in the Oracle Cloud Marketplace, offering added value to Oracle Enterprise Resource Planning (ERP) Cloud customers.
Xignite Named ‘Best Cloud Solution’ for 2016 Wall Street Letter Institutional Trading Awards
Xignite announced today that its Market Data Cloud platform has been named ‘Best Cloud Solution’ for the 2016 Wall Street Letter Institutional Trading awards.
Xignite CloudAlerts API Lets Fintech Developers Empower Investors with Real-Time Market Event Notifications
CloudAlerts, the Scalable Market Data API Provides Real-time Notifications of Market Events Such as Price Movements or Volume Breakouts
Xignite Closes $20M Series C Funding Round Led by QUICK Corp
Xignite has raised $20.5 million in a Series C funding round led by Tokyo-based QUICK Corporation, part of the Nikkei Group and Japan’s largest financial information provider.
Xignite Named as Leader Among Fintech Companies Disrupting the Financial Services Industry
Xignite, the leading provider of market data cloud solutions, finishes 2015 ranked as one of the world’s top fintech companies in several key reports.
Xignite Market Data APIs Available on SoundHound, Inc.’s Natural Language Voice Technology Platform, Houndify Enables Users to Receive
Xignite announced today the integration of Xignite market data APIs into SoundHound Inc.’s new Houndify platform, the leading sound recognition and search technology provider.
Xignite Streams Real-time Equity Prices to Ipreo Investor Relations Platforms
Leading provider of cloud-based financial market data solutions announced that market intelligence provider Ipreo selected Xignite APIs to provide real-time & delayed equity prices to Ipreo's platform
Xignite Records 50 Billion Financial Data API Calls per Month
In July, Xignite served more than 50 billion API requests from its market data cloud platform, breaking all previous company records and making Xignite among the top API cloud providers.
Xignite Announces Financial Market Data Cloud Streaming Solution for Fintech Apps
Xignite, the leading provider of financial market data cloud-based APIs, today introduced CloudStreaming, a web-based solution that streams real-time market data to digital financial applications.
OTC Markets Group Adds Xignite as Distributor of Real-Time Level 1 Market Data