Demand Accelerates for Global Market Data Delivered On-Demand
SAN MATEO, CA--June 16, 2010 -- Xignite, Inc., the leading cloud services provider of on-demand financial market data and on-demand data distribution solutions, today announced the availability of market data from new global securities exchanges. Applications and websites can now get real-time, around-the-clock access to market data from six new securities exchanges located in four continents from Europe to Africa, and from Australia to the Pacific Rim. The new exchanges include the SIX Swiss Exchange, the Irish Stock Exchange, Wiener Borse AG, the Johannesburg Stock Exchange (JSE), the New Zealand Exchange (NZX) and the Australian Securities Exchange (ASX). "We continue to see strong growth in demand for global market data delivered via the cloud," said Stephane Dubois, CEO of Xignite. "Increasingly, large organizations are coming to us because they have a global presence and need global access to market data from any location, at any time and without heavy data management costs. Many regional firms around the world are also driving demand for market data generated by their local securities exchanges. These customers find on-demand delivery of market data an ideal way to meet their requirements." Through Xignite’s cloud services technology, regional securities exchanges are now able to remove geographic barriers and tap into global demand by offering their market data on an on-demand basis. "Xignite offers a great service for our clients to easily access our market data on-demand," said Ottavio Gisler, Head of Market Feeds & Data Distribution for SIX Exfeed Ltd., the company founded by the SIX Swiss Exchange to distribute SIX Swiss Exchange market data. "We are now confident to reach new customers worldwide and provide them with significant advantages in data management costs, procedural efficiency and excellent connectivity." Fiona Mackenzie, Head of Market Products for the New Zealand Exchange, echoed Mr. Gisler’s sentiments. "With growing international demand for NZX market data driven by the imminent launch of new markets and products, the Xignite offering extends the list of market data vendors distributing NZX data, which is an encouraging sign and clear indication of interest in the NZX initiatives." Over 750 firms—including more than 250 global companies—currently use Xignite’s market data cloud to get instant access to market data over the Internet using on-demand web services. Xignite handles all of the data management for customers, freeing them to focus their time and resources on their core applications rather than on hardware, software, networking equipment and other technology infrastructure. About Xignite Xignite is the market leader in on-demand financial market data distribution—fulfilling more than three billion Web service requests per month. Xignite directly offers the industry’s broadest online selection of financial Web services covering global stock quotes, stock research and analysis, commodities, currencies, futures, options, fixed income, company financials and market news. More than 700 global clients use Xignite solutions in mission critical applications for the front, back and mid-office, investor relations, e-commerce, wireless apps and financial websites, including Citi, GE, Wells Fargo, ING, BNY Mellon, Dow Jones, Forbes.com, SeekingAlpha, ExxonMobil, Starbucks, and Barrick Gold. The XigniteOnDemand platform also powers on-demand market data distribution for global stock exchanges, electronic trading venues, brokers and leading market data providers including the CME Group, BgCantor and Pearson. For more information, please visit http://www.xignite.com or call 1-866-XML-SOAP.
Landon Long Xignite Inc. llong [at] xignite.com 1.650.655.3700