The NASDAQ OMX Group, Inc. 04.11.201315:53 --------------------------------------------------------------------------- First Market Data Vendor to Join Financial Services Cloud Ecosystem NEW YORK, 2013-11-04 15:53 CET(GLOBE NEWSWIRE) -- Xignite, Inc.a leading provider of financial market data cloud solutions, announced today that they will use NASDAQ OMX FinQloud, a cloud computing platform designed exclusively for the financial services sector and powered by Amazon Web Services (AWS). Xignite will leverage FinQloud for all storage and elastic computing resources used by its Market Data Cloud platform, including its financial data APIs, and its Market Data Distribution and Enterprise Data Distribution solutions. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=21997 ' NASDAQ OMXuses the Xignite platform for their NASDAQ Data-on-Demand historical stock quote service, and we have large financial institutions who are using our Market Data Cloud platform to develop private financial data clouds, so the decision to partner with NASDAQ OMX FinQloud was an easy one,' said Stephane Dubois, Xignite CEO and Founder. 'We welcome NASDAQ and Amazon's initiative to make cloud computing an increasingly reliable and secure solution that even our largest bank, broker and fund manager customers can trust and rely upon.' 'FinQloud provides Xignite and its clients with a highly scalable environment for storing, processing and serving large amounts of market data,' said Julia Sears, Associate Vice President of FinQloud at NASDAQ OMX. 'It is our mission to continue supporting Xignite as they provide customers the ability to leverage their market data distribution cloud services, further expanding the FinQloud ecosystem. Xignite's move to FinQloud represents a key step forward in transforming how the financial services industry stores and distributes market data from the cloud.' About Xignite: Xignite, Inc.is the leading provider of Market Data Cloud solutions. Xignite offers more than 40 financial APIs providing real-time, historical, and reference data across all asset classes and fulfills more than 6 billion requests per month. Xignite CloudAPIs power mobile financial applications, websites, and front-, middle- and back-office functions for more than 1000 clients worldwide, including Wells Fargo, Computershare, Investopedia, Personal Capital, Charles Schwab, Seeking Alpha, Stocktwits, Starbucks, and NetSuite. The company also powers private-label, on-demand data distribution solutions for exchanges and data vendors, including NASDAQ OMX. For more information, visit http://www.xignite.com. About FinQloud: NASDAQ OMX FinQloud, powered by Amazon Web Services, is a cloud computing platform designed exclusively for the financial services sector. FinQloud offers a suite of storage and compute services, including R3 which combines AWS cloud computing expertise with enhanced security from NASDAQ OMXto provide cost-effective and efficient management, storage and processing of financial data. FinQloud helps firms significantly reduce the operational costs and complexities associated with data and infrastructure management - enabling more effective deployment of scarce resources.