{"id":409348,"date":"2021-01-06T08:03:22","date_gmt":"2021-01-06T13:03:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409348"},"modified":"2021-01-06T08:03:22","modified_gmt":"2021-01-06T13:03:22","slug":"xignites-market-data-management-as-a-service-wins-best-new-technology-at-2020-american-financial-technology-awards","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xignites-market-data-management-as-a-service-wins-best-new-technology-at-2020-american-financial-technology-awards\/","title":{"rendered":"Xignite\u2019s Market Data Management-as-a-Service Wins Best New Technology at 2020 American Financial Technology Awards"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SAN MATEO, CA, Jan.  06, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OCkAA6G2g4acb6uWxDDc9D6MUF-uSBIeFK-viaz1KVSCIBMHlC324KVmwfuC2UShAbw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Xignite, Inc.<\/a>, a provider of cloud-based market data distribution and management solutions for financial services and technology companies, today announced that its <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=skZy3IoqcUkUQekn571zizYN1gscnMNLJH432vBL_DwzA2-o1PiH8eu1FbIvEQKDUvSyk1wK6llGpkbzne9AXsk7QUmkeJ9sfZTa1WPBBrR0NHti2DUURjEcXu1IvJYEiRrbfxmOLwnRT2MbpOw_sQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Market Data Management-as-a-Service<\/a> solution has been named \u201cBest New Technology Introduced over the last 12 months \u2013 Infrastructure\u201d at the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k-u1JYeEfAq6dI0jNK3rRisvDTkcc-1bsS1gJHdfxHmH5I5va-AgOG-DQeZZ81nFpXyDuk45LJjgag0UqM-DzT-p52wTlyQh0JdDq0ijHjnfOpOJYajjt9yECG4Oz8wbmsRGnnqxbbVaYJQL6EFPbo9QlCqI6t73gZOOPOVeMFVpc12eyCsFk9f-xNWks0yAtDw2M7JDs0hDQux8syYrEq4MJ2lcBhJYKReg3eMEcDKOGHsAVii4sohUE7X2J9MhcLjWbTbwT77v97T7zr-D4A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">2020 WatersTechnology American Financial Technology Awards (AFTAs)<\/a>. Selected by the editors of WatersTechnology, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities.<\/p>\n<p>Xignite\u2019s Market Data Management-as-a-Service (MDMaaS) solution enables buy- and sell-side firms to centralize the management of vendor data feeds into their own cloud environment. The solution is built around the cloud microservice-based architecture and technology stack Xignite has been refining and scaling for more than 10 years. Xignite\u2019s technology platform has been the backbone of the company\u2019s Data-as-a-Service business, daily supporting 12 billion API requests of financial data for their 700 fintech and financial services clients. Now Xignite is leveraging this battle-tested cloud-native data management architecture to offer buy- and sell-side firms a market data vendor agnostic offering, with connectors available for firms to load data they license from Bloomberg, Refinitiv, ICE and numerous other providers.<\/p>\n<p>The MDMaaS solution includes a suite of loosely-coupled modules that enable market data user firms to control their data usage, automate entitlements, optimize their data spend and minimize liabilities by simplifying data governance and ensuring regulatory compliance.<\/p>\n<p>The functionality is delivered via microservices, an architectural approach in which core functionality is handled by loosely coupled, independently deployable modules that can work together or separately. Microservices architecture stands in stark contrast with monolithic platforms that require expensive on-premise technology \u2013 that is especially hard to maintain in the context of a pandemic.<\/p>\n<p>The MDMaaS microservice-delivered modules introduced in 2020 include:<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OCgXqIDnG3pen91mYy3CKsCdyg8Y2OQwCSrrlHYp91uPNSzLwApOacVT9VGUgKrN18VGob0ztYb0cOXfoFbDu4HXvHv7Qm_cpjuBmOgif0ZFixXNW-89KqXgxvWliAuuUUlAq7dIC8Y0G8PJVo4XA4fk=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>Xignite Entitlements and Usage<\/strong><br \/>\n        <\/a>\u00a0&#8211; Manage the entitlement of vendor data to users and applications to ensure compliance and eliminate excess spend.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OChXM_rNH4gUCCDj14AzFgZ7cCskgOtaRzjYOS-CWhIZzqldY7HPmX_88nGbWo2g-pbtv5DeQSu_RzfNbq5ryGoDMV-B96Y9QoBwrD2zuJK8Z2j8OvW4K3jZ_iS5G4EqyqQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>Xignite Optimization<\/strong><br \/>\n        <\/a>\u00a0&#8211; Streamline data consumption to avoid duplicated vendor requests, leverage cached bulk data and get recommendations to reduce data costs.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OChC6TwDk2SbzloLNrm3i7YzZ6APDHnbKxlmVEN7XKp_m46Skr6tEDvSjmDtFss5uM4t6uuYIEb7bG0WP-eLtf-5Jm7oWRm3JmoaS6coNsrMN\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>Xignite Data Lake<\/strong><br \/>\n        <\/a>\u00a0&#8211; Centralize, catalog and connect data shapes to enable frictionless integration by consumers via unified cloud APIs.<\/p>\n<p>\n        <strong><br \/>\n          <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OChzs0kX66b0CCHD_Ot0cT3OxXHc4ZELzc9K_QeJeFnJOqATlSpxHdKSYyKbrVcZyUvP_A0SqeFhubprpmiN8ZeBb9OrAUCFbH1zsvCnKA3S6Pu4UXMDf4VFIEGnfIsae4g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Xignite Reference<\/a><br \/>\n        <\/strong> &#8211; Aggregate, normalize, store and index vendor reference data to centralize enterprise-wide access.<\/p>\n<p>\n        <strong><br \/>\n          <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OCpgjtUAg8CCA_BnROs-zV9UaHH-Rrw4EZ2OFnUuFgAC753jmC46YAzdC_-JBgO4yGWuVi_aFXg_IzWLFLrpQ8axPKefZBdoE5JaK2BcjWFWs5dIbIqTOSfPnML3MCBosiA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Xignite Historical<\/a>\u00a0<\/strong>&#8211; Provide centralized access to normalized, stitched and adjusted historical data via cloud APIs.<\/p>\n<p>\n        <strong><br \/>\n          <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OCqnL7NyORyMRMtBcvfaz34TyKehstOiL43U5LsGqt-hl2nki0qyl0sx8tILFeURCd_-o8BaTHcXWLW9E_IIcfsg7w6gYKHJuzr1vjtHGc6JJibKfcmC4waOO9kWm4PiTVg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Xignite Real-Time<\/a><br \/>\n        <\/strong> &#8211; Distribute real-time vendor data via cloud APIs, eliminating on-premise infrastructure.<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZNUX_Ra1QnpZiVE6G4OCukklIjCwvJm21Fet2BFI_S5NF2HJ-vVvyGXFw7YLBsS1rMpwHNNJ9qC3fnQBzXreZW562Nhbhul1VRf5NUpfJz6bW0rtOZcijhe6LWcjy8wj9DQ6rIhh6MfG8Ud28YADljbGRvIacB5ZFpM_lLpi1w=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong>Xignite Fundamentals<\/strong><br \/>\n        <\/a> &#8211; Make simple and complex time-series data structures available via cloud APIs.<\/p>\n<p>\u201cXignite has pioneered market data in the cloud for more than 10 years now, so we are very excited to announce \u2013 and be recognized for \u2013 our Market Data Management-as-a-Service solution,\u201d said Stephane Dubois, CEO, and founder of Xignite. \u201cThe pandemic has reinforced the need for financial services firms to migrate to the cloud as a means of navigating disruption and enabling scalability, among other benefits. We are proud to spearhead that effort and help the industry modernize its approach to financial and market data.\u201d<\/p>\n<p \/>\n<p>\n        <b>About Xignite<\/b>\n      <\/p>\n<p>Xignite has been disrupting the financial and market data industry from its Silicon Valley headquarters since 2006 when it introduced the first commercial REST API. Since then, Xignite has been continually refining its technology to help fintech and financial institutions get the most value from their data via its Data-as-a-Service and Market Data Management-as-a-Service solutions. Today, more than 700 clients access over 500 cloud-native APIs and leverage a suite of specialized microservices to build efficient and cost-effective enterprise data management solutions. Visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=txeXXvNB-ij6xEk2k1UxFCClvZNYrscVobOmBg9v8kWlrDYTIXZca1mDGi4AcJDidmAqED4UHVZ-0Fnt7kO18pnhHC7mbyAX-XGcXrVPk3k=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.xignite.com<\/a> or follow on Twitter @xignite<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMTI0OCMzOTA2NDI2IzIxOTYxNjU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/503bc190-0cd9-4294-98d4-827a37afa972\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Sam Belden\r\nForefront Communications for Xignite\r\n212-320-8986\r\nsbelden@forefrontcomms.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SAN MATEO, CA, Jan. 06, 2021 (GLOBE NEWSWIRE) &#8212; Xignite, Inc., a provider of cloud-based market data distribution and management solutions for financial services and technology companies, today announced that its Market Data Management-as-a-Service solution has been named \u201cBest New Technology Introduced over the last 12 months \u2013 Infrastructure\u201d at the 2020 WatersTechnology American Financial Technology Awards (AFTAs). Selected by the editors of WatersTechnology, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities. Xignite\u2019s Market Data Management-as-a-Service (MDMaaS) solution enables buy- and sell-side firms to centralize the management of vendor data feeds into their own cloud environment. The solution is built around the cloud microservice-based architecture and technology stack &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xignites-market-data-management-as-a-service-wins-best-new-technology-at-2020-american-financial-technology-awards\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Xignite\u2019s Market Data Management-as-a-Service Wins Best New Technology at 2020 American Financial Technology Awards&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409348","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xignite\u2019s Market Data Management-as-a-Service Wins Best New Technology at 2020 American Financial Technology Awards - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xignites-market-data-management-as-a-service-wins-best-new-technology-at-2020-american-financial-technology-awards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xignite\u2019s Market Data Management-as-a-Service Wins Best New Technology at 2020 American Financial Technology Awards - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN MATEO, CA, Jan. 06, 2021 (GLOBE NEWSWIRE) &#8212; Xignite, Inc., a provider of cloud-based market data distribution and management solutions for financial services and technology companies, today announced that its Market Data Management-as-a-Service solution has been named \u201cBest New Technology Introduced over the last 12 months \u2013 Infrastructure\u201d at the 2020 WatersTechnology American Financial Technology Awards (AFTAs). Selected by the editors of WatersTechnology, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities. Xignite\u2019s Market Data Management-as-a-Service (MDMaaS) solution enables buy- and sell-side firms to centralize the management of vendor data feeds into their own cloud environment. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/xignites-market-data-management-as-a-service-wins-best-new-technology-at-2020-american-financial-technology-awards\/","og_locale":"en_US","og_type":"article","og_title":"Xignite\u2019s Market Data Management-as-a-Service Wins Best New Technology at 2020 American Financial Technology Awards - Market Newsdesk","og_description":"SAN MATEO, CA, Jan. 06, 2021 (GLOBE NEWSWIRE) &#8212; Xignite, Inc., a provider of cloud-based market data distribution and management solutions for financial services and technology companies, today announced that its Market Data Management-as-a-Service solution has been named \u201cBest New Technology Introduced over the last 12 months \u2013 Infrastructure\u201d at the 2020 WatersTechnology American Financial Technology Awards (AFTAs). Selected by the editors of WatersTechnology, the AFTAs recognize excellence in the deployment and management of financial technology within the asset management and investment banking communities. Xignite\u2019s Market Data Management-as-a-Service (MDMaaS) solution enables buy- and sell-side firms to centralize the management of vendor data feeds into their own cloud environment. 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