SAN MATEO, Calif.,

Oct. 31, 2017

/PRNewswire/ -- Xignite, Inc., provider of solutions for financial institutions and financial technology companies, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognizes Xignite for providing deep expertise to help FinTech and financial services organizations manage their market data distribution and management solutions to power products such as robo-advisors, trading platforms, stock charts and investment analysis software. The Xignite Market Data Cloud platform, hosted by AWS, allows companies to simplify infrastructure, scale quickly, and innovate faster.

Achieving the AWS Financial Services Competency differentiates Xignite as an AWS Partner Network (APN) member that has demonstrated relevant technical proficiency and proven customer success, delivering solutions seamlessly in the AWS Cloud environment. To receive the designation, APN Partners must possess deep expertise in the AWS platform and undergo an assessment of the security, performance, and reliability of their solutions.

"Because it enables centralization and mutualization of data and its infrastructure, delivering market data in the AWS cloud is turning the market data industry on its head," said

Stephane Dubois

, Xignite CEO and founder. "We launched our first AWS-powered service 10 years ago, so we realized the potential early on, and have since optimized our solution for the AWS cloud. Naturally we are extremely pleased to obtain the AWS Financial Services Competency status and continue our partnership with AWS."

The AWS Cloud is enabling scalable, flexible, and cost-effective solutions for banking and payments, capital markets, and insurance organizations of all sizes, from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the Financial Services Partner Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise.

Xignite serves more than 250 billion API requests each month covering a wide spectrum of market data from real-time, to historical pricing, master data and reference data. The infrastructure provided by AWS allows Xignite to effectively and dynamically scale its delivery of real-time financial information while optimizing computing and network resources.