BGCantor On-Demand: A “Behind the Scenes” Look

First Published Tuesday, 9th March 2010 03:06 pm from Xand : ChasCooper

The opinions expressed by this blogger and those providing comments are theirs alone, this does not reflect the opinion of Automated Trader or any employee thereof. Automated Trader is not responsible for the accuracy of any of the information supplied by this article.


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Now that the cat's finally out of the bag on href="http://www.xignite.com/News/PressRelease.aspx?articleid=191">BGCantor's

new on-demand web services, I can finally take the

readers of the Xignite blog back stage for a "behind the scenes"

look at the making of the biggest initiative in the on-demand

financial web services world since the start of

Xignite.

src="http://cdn.xignite.com/blog/02_03_10/bgcantor_ondemand_screenshot_v1a.jpg"

alt="BGCantor On-Demand offers fixed income and derivatives data

via on-demand web services using Xignite's core platform."

/>

BGCantor On-Demand offers fixed

income and derivatives data via on-demand web services using

Xignite's core platform.

What happened behind the scenes? How did this new

on-demand business get launched? And what did it take to launch

it? Well, first and foremost, it took a great team at BGCantor

Market Data. The BGCantor team was absolutely delightful to work

with. Everyone was highly knowledgeable, very responsive,

dedicated to accomplishing the mission and very excited about the

whole project. We couldn't have asked for a better group to work

with.

Together, the BGCantor/Xignite team

started by designing web services to be truly application-ready,

combining Xignite's web service experience with BGCantor's

in-depth market data knowledge. Then we coded the web services on

top of the href="http://www.xignite.com/Solutions/On-Demand-Market-Data-Web-Services.aspx"

target="_self">XigniteOnDemand market data distribution

platform for rapid development on a robust,

high-performance, highly scalable architecture. At the same time,

we also built the

href="http://www.bgcantorondemand.com/"

target="_blank">BGCantor On-Demand website and

tightly integrated it with the web services themselves. To help

manage the new on-demand business, we also deployed an

administrative portal for on-going management of customer

accounts. At the same time, on the sales and marketing front, we

worked together to find just the right usage-based pricing model

to drive strong revenue growth for BGCantor while also delivering

exceptional value for BGCantor's customers. Then we collaborated

on developing marketing collateral and sales tools.

As for showing you blooper videos of our

behind-the-scenes footage, I'm afraid I couldn't quite

convince Legal to sign off on that. Sorry. Maybe next

time.

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