Xignite, Inc., provider of financial data distribution and market data management solutions for financial services and technology companies, announced today it has been named to The WealthTech 100 list of innovative technology providers that are transforming the global investment industry. Xignite also had 7 WealthTech clients on the list, including BUX, eToro, Oranj, Private Wealth Systems, Tradeit, Trizic, and YCharts.
WealthTech is one of the fastest growing sectors within the FinTech industry, with investments reaching $4.6 billion in 2018 according to FinTech Global.
Xignite WealthTech clients include leading digital asset management, robo-advisors and digital brokerages, including Betterment, FutureAdvisor, Elle Investing, Robinhood, Personal Capital, Wealthfront and WealthSimple, as well as institutional investment providers developing portfolio management, analytics tools and financial planning software for their clients. Xignite institutional clients include Advizr, Asset Advantage, BlackRock, Envestnet, Orion Advisor Services, JemStep, SigFig and Solivis.
“Xignite is proud to be named to the inaugural WealthTech 100 list and recognized as a leading technology provider”, said Stephane Dubois, Xignite CEO and Founder. “The industry’s leading robo-advisors understand the power of the cloud and rely on Xignite market data to power their financial data driven algorithms and trading functionality.”
The WealthTech 100 recognizes solution providers for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the investment value chain. A full list can be found at www.WealthTech100.com.