Xignite to Host Expert Panel on Cloud Computing

17 June 2010

Xignite, Inc., the leading cloud services provider of on-demand global financial market data and application components, today announced that it will be hosting an expert panel to explore current trends and best practices in financial cloud computing at the 2010 SIFMA Financial Technology EXPO in New York.

Entitled, “Market Data from the Clouds,” the panel session will include cloud computing experts from the CME Group, BGCantor Market Data, Amazon Web Services, A-Team Group and Xignite. The panel’s experts will share their own experiences implementing cloud computing solutions, reveal the best practices they’ve discovered and discuss the emerging trends and opportunities they see in the industry today.

Many financial services firms today are looking to cloud computing for substantial cost savings. Many firms have achieved greater benefits from their technology investments in a shorter time span by forgoing costly and time consuming in-house technology development and maintenance in favor of the on-demand services that cloud computing providers offer.

In addition to hosting “Market Data from the Clouds,” Xignite has also issued an open invitation to all SIFMA show attendees to stop by the Xignite booth in the conference’s exhibit hall and see live demos of on-demand market data delivered via cloud computing. Xignite will also give out a variety of free promotional items at their booth, including 1GB USB drives, t-shirts, water bottles, coffee mugs, mouse pads and more.

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