FINOVATE ASIA - HONG KONG – November 8, 2017 -- Xignite, Inc. the leading provider of market data cloud solutions, today announced Xignite CloudAddIn, a Microsoft® Excel Add-In that lets analysts, portfolio managers and other users access and integrate streaming real-time and historical Xignite financial market data into spreadsheets by simply calling Excel functions.
Excel is often used by analysts, quants, portfolio managers, and other professionals to perform investment analysis. But pulling market data into Excel can be quite challenging and may require programming skills. Xignite’s new CloudAddIn simplifies extracting and integrating financial data. After installing the CloudAddin, users can easily access billions of financial data points from any of Xignite’s 45 APIs, which cover millions of instruments across all asset classes, including equities, ETFs, mutual funds, fixed income, forex, create data, options, futures, and other derivatives. Users can also stream real-time data into Excel via HTTP by simply by calling an Excel function. The Xignite CloudAddIn, developed in partnership with Risk Focus, Inc. is available now.
“The world still runs on Excel and Wall Street is seriously addicted to it” says Stephane Dubois, CEO and Founder of Xignite. “Most professional and retail investors still use Excel to develop analytical models and drive investment decisions. The financial data needed to feed those models often come from expensive terminals or unstable sources via legacy interfaces or painful and time-consuming manual downloads. By providing direct and incredibly easy access to the sea of data we have in our Market Data Cloud, we believe the can dramatically speed up and simplify the life of users, and maybe save them the cost of a few terminals in the process.”
Recognized as the data cornerstone enabling the growth of FinTech, Xignite, Inc. makes market data easy. Xignite pioneered the shift of market data to the cloud and is leading the disruption of the market data industry. The Xignite Market Data Cloud platform, hosted in the AWS cloud, allows companies to simplify infrastructure, scale quickly, and innovate faster. Xignite’s clients include more than 1,000 financial services, media and software companies including BMO, BlackRock, Charles Schwab, and TIAA, as well as leading Fintech disruptors Betterment, Envestnet|Yodlee, FutureAdvisor, Motif Investing, Personal Capital, Robinhood, SoFi, StockTwits, and Wealthfront. Visit http://www.xignite.com or follow on Twitter @xignite.