10 December 2008

Xignite, Inc., the leading cloud computing provider of on-demand, Web services for professional-grade financial market data and applications, announced today that has selected Xignite to provide real-time stock quotes throughout using BATS Exchange trading data. This real-time market data provides visitors up-to-the-minute stock prices at their fingertips. By leveraging the Xignite cloud services platform and simple Web widgets, is now able integrate real-time stock quotes and charts anywhere on its site in just minutes, and at a significantly lower cost than traditional market data solutions.

Considered the home page for the world’s business leaders, is a valuable resource for comprehensive financial market information and the latest business news. At a time when the demand for market information is at its peak due to the current financial crisis, recognized that its readers needed real-time information. After careful review, selected Xignite for its on-demand Web services delivery model, because it allowed the company to deploy real-time financial data rapidly on without the costs of new IT infrastructure. By working with Xignite, saved hundreds of thousands of dollars and months of development time.

Xignite is the only company that provides professional-grade market data as cloud services, offering an extensive catalog of more than 50 categories of financial information delivered on-demand as industry standard Web services with simple, pay-as-you-go subscription pricing. Xignite customers simply visit its Web site, shop for what they need, sign-up and pay only for the data they use. There is no upfront risk or infrastructure investment in hardware, software, vendor tools or custom coding. And, there are no ongoing requirements of system administration and maintenance.

“Xignite’s Web services fundamentally change the way financial data is delivered. It is simpler to manage and more cost-effective than ever before,” said Jeff Bauer, creative director at “Not only did Xignite eliminate the costs and headaches of building the service ourselves, they were able to deliver the content our readers needed faster than any other vendor. Their sales and support responsiveness has been fantastic.”

“In the midst of this financial crisis, there is significantly heightened demand for financial data,” said Stephane Dubois, CEO of Xignite. “Markets are going up and down by hundreds of points every day and people need real-time data to make sound decisions. We are pleased to help deliver this information to their readers. Our cloud services platform allowed them to add BATS Exchange real-time market data to their Web site in just a few days. And now, can quickly adapt to their readers’ needs by dropping widgets anywhere on their Web site in minutes.”

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