API Ecosystem Named #FintechRevolution Launched by Xignite

September 25, 2015 Priti

let's talk payments fintechXignite, a financial market data cloud API provider, recently launched a collection of APIs called the #FintechRevolution in partnership with Yodlee, Nasdaq, ChartIQ, ValueStream and many other Fintech companies. The program is spearheaded by Xignite and membership is open to Fintech vendors, data vendors, service providers and accelerators. Firms ranging from startup to renowned companies have come together to launch this program.

#FintechRevolution at present, is a consortium of 21 companies contributing their APIs to the network. Participating companies are promoting Fintech APIs by taking initiatives like sharing research data, marketing best practices, and many others.

Greg Weddell, Business Banking Practice Manager at Yodlee, retweeted:

Greg Weddell Yodlee

The #FintechRevolution is aimed at inspiring a new generation of financial applications developers by bringing the best APIs in each market category together for them. The API catalog powered by Xignite has APIs of all the participating members listed and developers can access APIs of their choice with the help of the catalog. This partnership will enable developers to have access to non-traditional APIs such as trading sentiment, crowdsourced stock ratings and corporate governance records along with Xignite’s market data APIs which was previously not possible.

The founding members of the #FintechRevolution API Ecosystem include the following firms:

Workflow APIs

  • Advisor Software – Portfolio Management APIs
  • ChartIQ – HTML5 Charting APIs
  • EdgeLab – Risk, Valuation, and Optimization APIs
  • Planwise – Financial Planning APIs
  • QuantConnect – Algorithmic Trading APIs
  • Tradier – Trading and Execution APIs

Analytics APIs

  • AutoChartist – Technical Analysis APIs
  • TipRanks – Analyst Performance Rankings APIs
  • Insight 360 – Environmental, Social and Governance APIs
  • PsychSignal – Trader Mood Data APIs
  • Vetr – Crowdsourced Equity Ratings APIs

Data APIs

  • Estimize – Crowdsourced Earnings Estimates APIs
  • Nasdaq – Real–time and Historical U.S. Equities Trade and Quote APIs
  • Streamdata.io – Real-Time Web Streaming APIs
  • StockTwits – Investor Social Data APIs
  • SR Labs – Ultra Low Latency APIs
  • Yodlee – Account Aggregation APIs
  • Xignite – Market Data APIs

Incubators

  • Draper University – Silicon Valley
  • ValueStream – New York City
  • Fintech Sandbox – Boston
  • Level39 – London

Stephane Dubois, CEO and Founder of Xignite Inc. told to LTP in an interview,

“An API done well could be a huge advantage for a startup and can help a startup speed up the process of bringing a new product to the market. Earlier, startups use to build everything in-house and for on-premise. All FinTech companies now float their products on cloud services, so they should be able to access API data like an on-premise database. If it’s on the cloud, it’s on their fingertips. So in the case of using APIs, a startup does not need to build everything from scratch and they can use already existing APIs to build the product. “

Source: Let's Talk Payments

Previous Article
The #FintechRevolution Will Be API’d
The #FintechRevolution Will Be API’d

The goal of #FintechRevolution is to make it easier for developers to get their hands on the APIs and tools...

Next Article
Open APIs continue to gain steam
Open APIs continue to gain steam

By using APIs, partners or clients can leverage existing functionality to quickly develop customized applic...

"Cloudification of Capital Markets" On-Demand Webinar ft. Forrester Research & Amazon Web Services

View Now