IOT NEWS

Industrial IoT News

Industrial IoT Home

Xignite to Integrate Analytics and Reporting Tools into Market Data Cloud Platform

By Ken Briodagh
July 10, 2019

Xciting news has come out from the market research world, according to a recent release.

Xignite, a provider of market data distribution and management solutions for financial services and technology companies, has announced a strategic partnership with XPansion, a provider of market data usage, tracking and business monitoring software, to integrate XPansion's XMon analytics and reporting functionality into its Market Data Cloud Platform.

Hosted in Amazon Web Services (AWS) public cloud, the Xignite Market Data Cloud Platform is designed to enable optimization of market data distributed across an enterprise, providing clients with tools to control, entitle and track data consumption across businesses.

Adding XMon functionality reportedly will provide clients with enhanced business intelligence, analytics and reporting capabilities through interrogating data usage, control and allocate costs across data vendors.

“Empowering our clients with the tools to understand how they are consuming data and providing them with technology to establish transparency and control spend in real-time has been our focus from the beginning,” said Amjad Zoghbi, Director and co-founder, XPansion. “Clients consume increasing amounts of data and coupling powerful analytics with a robust data distribution platform is essential in today's data landscape. We are very excited to be partnering with Xignite and extending XMon's analytics and controls to their next-generation Market Data Cloud Platform.”

“Market data is a complex environment where vendor fees and commercial licensing models continue to change, putting pressure on buy and sell side firms to control access and costs,” said Stephane Dubois, CEO and Founder, Xignite. “Providing clients with a solution to regain control of market data flow and consumption is core to our mission of simplifying the acquisition, management and dissemination of market data. We are delighted to partner with XPansion, combining their superior analytics with the proven data management capabilities of our Market Data Cloud Platform is a win for clients.”




Edited by Ken Briodagh

Editorial Director

SHARE THIS ARTICLE
Related Articles

Avnet to Acquire Witekio, Enhance IoT Strategy

By: Ken Briodagh    9/18/2019

According to a recent release, technology solutions provider Avnet has signed an agreement to acquire Witekio (formerly known as Adeneo Embedded).

Read More

Ericsson Automated Smart Factory Operational in China

By: Ken Briodagh    9/18/2019

Company says production modernized and cellular IoT, Industry 4.0 and AI tools and technologies implemented

Read More

Moving IIoT Value Closer to the Edge and End-Users, IIC Offers New Program

By: Juhi Fadia    9/18/2019

The Industrial Internet Consortium announced recently that it has launched a new program designed to stimulate IIoT adoption across specific vertical …

Read More

Wind River Helix Virtualization Platform Meets Latest FACE Technical Standard

By: Ken Briodagh    9/18/2019

Wind River announced that its Helix Virtualization Platform has achieved conformance to the latest Future Airborne Capability Environment (FACE) Techn…

Read More

Coming Together for Industrial IoT Security, Skkynet & Siemens Join Forces

By: Juhi Fadia    9/17/2019

As Industrial IoT (IIoT) deployments grow, so does the attack surface, especially as the value of high-end, connected enterprise systems increases.

Read More