Stephane Dubois, Xignite
Hong Kong - Xignite, the provider of cloud-based financial data Application Programming Interfaces (APIs), has announced the ability to license the company's Market Data Cloud platform.
The Xignite Market Data Cloud is a cloud-based market data distribution solution that helps exchanges and financial data vendors distribute their data via scalable APIs from the Amazon Web Services (AWS) public cloud. The solution allows market data to remain stored in the cloud and be consumed only when needed. It can help exchanges, data vendors, index companies and other data originators to upgrade or replace legacy distribution technology, while reducing infrastructure costs. Customers can deploy and independently operate the Xignite platform in their own cloud environments.
"In a few years, most enterprise applications will have migrated to the cloud and billions of devices consuming such data will also be operating off the cloud," says Stephane Dubois, CEO and founder of Xignite. "If your data is not in the cloud by 2020, your business will probably not survive."
The Market Data Cloud supports:
- Delivery of data via cloud-based REST APIs (CloudAPIs), HTTP streaming to end-user devices (CloudStreaming), HTML5 widgets (CloudWidgets), cloud-based files delivered to AWS S3 accounts (CloudFiles), and market event alerts (CloudAlerts).
- Instruments in every financial asset class (equities, ETFs, mutual funds, fixed income, FX, futures, options and other derivatives).
- Delivery of real-time data, historical time series data, fundamental data, tick data and reference data from global markets.