FinTech Revolution Fueled by Access to Cloud-Based Technologies
SAN MATEO, CA – July 15, 2014 – Xignite, Inc., a leading provider of cloud-based financial market data, today announced their sponsorship of four demo-based FinTech conferences for developers of financial services applications at major technology hubs across the globe.
The events are being held in the Silicon Valley, the largest hub for FinTech startups, New York City and London – both of which are quickly becoming known as FinTech hotbeds. Financial technology or “FinTech” is one of the fastest growing areas for investment and is expected to grow to at least $6 billion by 2018, according to a recent study by Accenture and the Partnership Fund for New York City.
“The FinTech revolution is largely being driven by cloud-based technologies which help FinTech startups cut costs and improve time to market,” said Stephane Dubois, CEO and Founder of Silicon Valley-based Xignite.
“Xignite is powering the disruption of the financial services industry by providing entrepreneurs with easy-to-integrate and affordable financial data APIs.”
Xignite’s new sponsorships include:
Xignite, Inc. is the leading provider of market data cloud solutions. Xignite makes sourcing and integrating real-time and reference market data into apps and devices easy and more cost-effective than alternative data feeds. The Silicon Valley-based company is helping fuel FinTech innovation by powering web sites and apps for more than 1000 financial services, media, software and corporate clients, including FinTech standouts Betterment, FutureAdvisor, Personal Capital, SigFig, StockTwits, Wealthfront, Wealthminder and Yodlee. The company’s platform also powers private data distribution solutions for exchanges, market data vendors and financial institutions, including NASDAQ OMX, NYSE Technologies, Direct Edge and SIX Financial Information. For more information, visit http://www.xignite.com or follow on Twitter @xignite.