SIX Telekurs partners Xignite for on-demand global equity market data

Source: SIX Telekurs

Web services delivery of intraday quotes from global exchanges will allow customers worldwide to power websites and applications over the Internet.

Accessing high quality global data can be a challenge, particularly for small and medium-sized firms, as well as companies located outside major market areas. In addition, traditional market data feed technologies often require significant upfront investment in communications, software, and hardware infrastructure to receive, store and provide access to this data. The time, cost, and skill required can be prohibitive to many businesses. The partnership between SIX Telekurs and Xignite levels the playing field by providing easy access to intraday quotes from all major international exchanges.

Offered on-demand over the Internet and built on industry standard W3C Web services, Xignite financial Web services can be immediately deployed in virtually any development environment eliminating weeks or even months of development effort. There are no special tools, software, or hardware to maintain. All you need is an Internet connection. Financial Web services work just like any local code library that you might include in your application. When your application makes a data request, it is sent out over the Web and is handled by Xignite's enterprise-class delivery platform.

"Xignite has more than 500 customers in 40 countries, all powering their financial applications directly over the Internet with our on-demand financial Web services platform. Many of them simply could not afford or even get access to the data they need otherwise," said Stephane Dubois, CEO of Xignite. "Deepening our relationship with SIX Telekurs will allow us to provide worldwide, on-demand access to the broadest range of high quality global stock market data available."

"Our long-standing partnership with Xignite has already paid dividends to our mutual customers, who have been able to deploy a variety of Web services - quickly and often within limited budgets. Xignite's tools make it possible for a wide range of businesses to incorporate real-time or delayed market data into their systems and services, without the need to invest in the infrastructure typically required for a traditional market data feed", said Barry Raskin, Managing Director for SIX Telekurs in the Americas. "We are pleased to be able to support a whole new class of customer through our expanded partnership with Xignite".

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