Xignite
Date | Investors | Amount | Round |
---|---|---|---|
$5.7m | Series A | ||
N/A | $675k | - | |
$10.0m | Series B | ||
$20.5m | Series C | ||
* | N/A | Acquisition | |
Total Funding | €33.5m |
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EditXignite is a pioneering company in the financial data industry, offering cloud-based financial data APIs and market data management solutions. Operating primarily in the financial services and capital markets sectors, Xignite serves a diverse range of clients including trading firms, investment managers, and financial institutions. The company leverages its AWS cloud infrastructure to provide real-time and reference data, sourced from leading providers like FactSet and Morningstar. Xignite's business model revolves around offering Market Data as a Service (MDaaS), enabling clients to access comprehensive financial data through a subscription-based model. This approach not only ensures high-quality data but also helps clients reduce costs by up to 40% through advanced caching and optimization technologies. Additionally, Xignite's unique emulated legacy interfaces allow for seamless deployment without disrupting existing systems. With over a decade of expertise in cloud technology, Xignite is a trusted partner for firms looking to modernize their data infrastructure and optimize their market data consumption.
Keywords: financial data APIs, market data management, cloud-based solutions, AWS, financial services, capital markets, real-time data, reference data, cost optimization, data integration.