Hedge Fund Solutions
Xignite Market Data Cloud
Build Applications in Days, Not Months
Eliminate In-House Data Management Costs
Focus on Alpha Generation, Not Market Data Management
Now more than ever you need to be laser-focused on your core responsibility of alpha generation. Distractions such as reporting, compliance, IT management, and just the general business of running a hedge fund, all play a role in reducing your focus on the investment management process. With Xignite’s on-demand market data cloud we remove all the headaches that are involved with building and maintaining your own market data infrastructure.
Expand Your Universe of Alpha Generation Possibilities
You compete in a world where alpha generation opportunities have become more fleeting and dispersed than ever before. You need a market data solution that allows you to quickly analyze a broad set of opportunities wherever they may be. The Xignite market data cloud offers on-demand access to vast arrays of global and multi-asset class market data so that you can easily expand your search for alpha.
Bring Instant Transparency to Regulatory and Investor Reporting
The job of a hedge fund manager has become infinitely more complex with demands for improved transparency coming from seemingly every direction. For many firms this has meant onerous reporting requirements, made even more difficult by inflexible systems, and an inability to quickly access accurate market data. Xignite’s on-demand market data solution offers comprehensive coverage of real-time, historical, and reference data. Move to the cloud and instantly enrich your reporting.
Get Your New Fund Up and Running in Record Time
Establishing a start-up hedge fund involves a considerable amount of hard work. Sourcing the baseline market data you need directly from the cloud allows you to focus on other more important tasks. The market data cloud enables you to launch quickly so that you can begin establishing your track record and gathering assets.
Quickly Add Market Data to Excel Modeling and Reporting
Let’s face it most of the hedge fund industry’s important activities such as modeling and reporting are still done in Microsoft Excel. Xignite’s on-demand solution means no more time wasted wrestling with market data feeds or files. Quickly add the market data you need, in the format you are most comfortable with, using Xignite’s on-demand market data cloud.
“We compared Xignite’s cloud-based model with others and found it to be more reliable, cheaper, and perhaps most importantly, simpler to implement.”
— Mazin Jadallah, Founder & CEO AlphaClone
“Everything that a financial analyst or data scientist needs to conduct quantitative analysis is instantly available.”
Power Applications with the Market Data Cloud
Hedge funds use Xignite market data APIs to fuel a wide range of applications such as: • Portfolio Management Systems
• Real-Time P&L Tools • Back-Testing Platforms • Risk Management Systems • Order Management Systems • Research Management Systems • Accounting Platforms
Explore the Top 5 Hedge Fund Challenges Blown Away by the Cloud
The adoption of an on-demand market data cloud instantly benefits the hedge fund industry because it allows firms to address the top 5 technology challenges facing firms in 2012. Take a look at this blog series about data challenges and solutions within the Hedge Fund Industry.
Access a Wide Range of Trusted Market Data Instantly
Xignite offers a comprehensive selection of real-time and referential global data sets to power your applications. US Equities Fixed Income Market & Economic Indicators
Real-time Rates Exchanges
NASDAQ Last Sale Emerging Indices BATS Last Sale InterBanks Calendar
Fundamentals Statistics
Quotes Commodities Housing
Historical Futures
Security Energy Company Financial Information
Chart Metals Financials
Investor Relations
Global Markets Analytics & Compliance Edgar Corporate Actions Holdings Insider Currencies Index Components Analysts Global Historical OFAC Estimates
Global Quotes Transcripts
Global Fundamentals Mutual Funds
Funds Company News & Publications
Fund Data News
Fund Holdings Releases
How is On-Demand Market Data Superior?
Total Cost of Ownership
Buy Everything
Traditional Solutions: There are a number of costs associated with market data feeds including network infrastructure, data management software, and on-premise hardware. Additionally feeds can typically only be purchased in bulk and include both a fixed price and end user fees.
Buy Nothing
Market Data Cloud: On-demand market data does not involve network infrastructure, data management software, or premise costs. Additionally on-demand market data is sold on a transaction basis so users need only pay for the data they actually consume.
Time of Deployment and Integration
1 to 6 MonthsTraditional Solutions: Building an application with market data feed requires project time for provisioning the feed, deploying data management infrastructure and coding data integration, storage and access.
< 1 Day
Market Data Cloud: On-demand market data is immediately available over the Internet via Web services that require a few lines of code to integrate. Data is pulled directly into the application.
Data Infrastructure Availability
>99% In-House DependentTraditional Solutions: When using a market data feed, availability is a combination of the vendor’s feed and the customer’s software and hardware infrastructure. In-house infrastructure must be built to handle peak volume levels.
>99% Cloud Dependent
Market Data Cloud: The Market Data Cloud is based on enterprise-class infrastructure that must be capable of handling the volume of all customers, with availability guaranteed by Xignite’s service level agreement (SLA).
Flexibility of Future Modifications
System Configuration and CodingTraditional Solutions: When using a market data feed, flexibility is determined by the vendor’s add-on software applicatiadd-ons. Data access that is not configurable and must be coded by the customer.
API Operations & Mashup
Market Data Cloud: On-demand market data is delivered using API’s with many prebuilt operations. New operations can be created using the Splice mash-up platform and added at any time based on your needs.
Explore Data Quality and Availability with a Free 60 Day Trial
Get instant access to all interactive demos and up to 100 free hits per Web Service • Reduce integration time from months to minutes
• Start building smarter spreadsheets and applications • See how the cloud can save you time and money • Create your own sample application
• Test drive our APIs in your environment • Visualize applications that fit your project
Copyright © 2012 Xignite, Inc. All Rights Reserved.
1825 South Grant Street, Suite 100, San Mateo, CA 94402 • 1-866-965-7627 • www.xignite.com
Increases in Data Volumes
In-House HardwareTraditional Solutions: When using a market data feed volume increases must be handled by the customer’s on-premise IT infrastructure. This requires planning, investment and lead time for deployment.
Instant Scalability
Market Data Cloud: On-demand market data is available for any volume level. The Market Data Cloud handles billions of service requests per month, able to instantly accommodate very high volume applications.
Try Xignite Data TODAY!
Visit Xignite to Obtain Your FREE 60 Day Trial.
Xignite is the leading cloud services provider of demand financial market data and award-winning on-demand data distribution solutions. Xignite’s market data cloud fulfills more than five billion service requests per month and offers more than 50 financial Web Services providing real-time, historical and reference data for global equities, commodities, currencies, options, fixed income, mutual funds, derivatives and OTC instruments. Xignite solutions power mission-critical applications for front, back and mid-office, investor relations, dashboards, e-commerce, wireless applications and financial websites for more than 900 clients in 47 countries, including Citi, GE, Wells Fargo, Computershare, ING, BNY Mellon, Natixis, Dow Jones, Forbes. com, SeekingAlpha, ExxonMobil, Starbucks, and Barrick Gold. The award-winning Xignite OnDemand cloud platform also powers on-demand market data distribution solutions for stock exchanges, trading venues, OTC brokers and market data originators including the CME Group, NASDAQ OMX, BgCantor and Pearson. For more information, please visit www.xignite.com or call 1-866-XML-SOAP.
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1825 South Grant Street # 100 San Mateo, CA 94402 New York Offices
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11-2012