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Forbes.com selects Xignite for real-time stock quotes
[December 11, 2008]

Forbes.com selects Xignite for real-time stock quotes


Dec 11, 2008 (Datamonitor via COMTEX) --
Business news source Forbes.com has selected Xignite, a provider of cloud computing on-demand services, to provide real-time stock quotes throughout Forbes.com using BATS Exchange trading data.

According to Xignite, this real-time market data provides Forbes.com visitors up-to-the-minute stock prices at their fingertips. By leveraging the Xignite cloud services platform and simple web widgets, Forbes.com is now able integrate real-time stock quotes and charts anywhere on its site in just minutes, and at a significantly lower cost than traditional market data solutions.

Forbes.com selected Xignite for its on-demand web services delivery model, because it allowed the company to deploy real-time financial data rapidly on Forbes.com without the costs of new IT infrastructure. By working with Xignite, Forbes.com saved hundreds of thousands of dollars and months of development time.

Jeff Bauer, creative director of Forbes.com, said: "Xignite's web services fundamentally change the way financial data is delivered. It is simpler to manage and more cost-effective than ever before. Not only did Xignite eliminate the costs and headaches of building the service ourselves, they were able to deliver the content our readers needed faster than any other vendor. Their sales and support responsiveness has been fantastic."


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