SAN MATEO, Calif. -- (BUSINESS WIRE) -- Investopedia, the leader in online financial education and a ValueClick Brands site (Nasdaq:VCLK), has selected Xignite, Inc., the leading provider of market data cloud services, to provide real-time market data to power the Investopedia website, iPhone, iPod Touch and iPad apps.
As more consumers seek to take control of their financial futures, Investopedia made the decision to expand their web and mobile apps capabilities to provide users with better data and tools to make informed investing decisions. As part of the enhancement, Investopedia chose to replace their previous market data vendor and selected Xignite.
Xignite’s Market Data Cloud is the underlying platform that supports the real-time market data, analysis, and comparison engine tools available on the Investopedia website and mobile apps. Investopedia has integrated Xignite’s market data into channels available for all stock symbols. The information provided on the Quotes, Charts, Analysis, Options, and Historical channels arm users with data and tools to make informed investing decisions.
“A big factor in our decision to choose Xignite was the fact that their market data solutions are cloud-based,” said Mark Ly, VP of Operations & Technology for Investopedia. “By delivering the data as APIs, we knew this would speed up deployment time, reduce our development costs while helping us provide a better experience to our users.”
“We are thrilled to be powering the new Investopedia website and apps,” said Stephane Dubois, Founder and CEO of Xignite. “We—like millions of other users—use Investopedia every day to better understand the markets and stay abreast of new trends and development and it is exciting to be able to help Investopedia provide better value and content to their users.”
Xignite, Inc. is the leading provider of market data cloud solutions. The Xignite Market Data Cloud fulfills more than 6 billion requests per month and offers more than 40 financial web services APIs providing real-time, historical, and reference data across all asset classes. Xignite CloudAPIs power mobile financial applications, websites, and front-, middle- and back-office functions for more than 1000 clients worldwide, including Wells Fargo, GE, Computershare, Investopedia, Personal Capital, Natixis, Charles Schwab, Seeking Alpha, Stocktwits, Starbucks, and NetSuite. The company also powers private-label, on-demand data distribution solutions for exchanges, including NASDAQ OMX, NYSE Euronext, data vendors including Direct Edge, SIX Financial Information and Alpha Trading, and financial institutions.
For more information, visit http://www.xignite.com.
Investopedia is a leading digital financial publication providing educational and practical information to users seeking to improve their financial futures. Investopedia has been a leader in independent, unbiased online financial education since 1999. Along with the most comprehensive online financial dictionary, users also have access to nearly 200 contributors, with expertise ranging from active trading to personal finance, as well as real time market data, and financial comparison tools.
About ValueClick, Inc.
ValueClick, Inc. (Nasdaq:VCLK) is one of the world's largest digital marketing companies. Through a unique combination of data, technology and services, ValueClick increases brand awareness and drives customer acquisition at scale for the world's largest advertisers and maximizes advertising revenue for tens of thousands of online and mobile publishers. ValueClick's brands include: Commission Junction, ValueClickMedia, Dotomi, Greystripe, Mediaplex, Smarter.com, CouponMountain.com, Investopedia.com and PriceRunner. The company is based in Westlake Village, California, and has offices in major advertising markets worldwide. For more information, please visit www.valueclick.com.