Financial software and service providers have been as challenged as their bank and asset management clients by the increasingly restrictive and costly evolution of the financial market data industry. Each data set translates to months of costly system integration, arduous licensing management, and ongoing data and systemic risk for providers and their most valued clients. Xignite today announced the launch of a Channel Partner Program to help data providers, tech firms, independent software vendors, and professional service providers deliver innovative, client-driven, cloud-hosted data solutions.
As financial firms undergo digital and cloud transformation strategies, Xignite channel partners leverage Xignite’s expert custom architecture to host market data in the public cloud. Xignite Channel Partners build their businesses around the needs of their clients, prioritize technology, and have existing customers that purchase market data from legacy providers. Initial channel partners addressing capital markets cloud initiatives include Nasdaq, ChartIQ and Streamdata.io.
Xignite offers referral and joint marketing opportunities to channel partners to guide clients toward these innovative, scalable, and integrated cloud-hosted data solutions:
Xignite CloudAPIs - consistent and frictionless RESTful Market Data APIs spanning asset classes and global exchanges
Xignite Market Data Cloud - a cloud-based, managed platform that establishes complete transparency into reference and market data distribution across client firms
Xignite was first to put market data in the cloud, partnering with AWS since 2008 to unlock capacity and enable simplicity and interoperability for firms seeking a better solution for their clients. When evaluating which client data to host in the public cloud, start with Xignite. Our Channel Partner Program delivers integrated solutions to partners and their clients seeking consistent, agile, efficient, transparent, and scalable market data solutions.
About the Author
Marla Sofer, Xignite’s Head of Business Development, launched the company’s Channel Partner Program to drive growth with enterprise clients. She joined from Lending Club where she was Head of Third-Party Monitoring and Oversight. Prior to Lending Club, she was a founding member of the team that launched the Global Provider Strategy function at BlackRock responsible for developing and executing the firm’s global operating strategy for selecting, managing, and partnering with global banks, index licensors, and market data providers. Previously she was at J.P. Morgan responsible for servicing asset management and institutional clients. She holds an MBA in Business Strategy and International Business from Rutgers University and a BA in Sociology and Hebrew from the University of Texas at Austin.More Content by Marla Sofer