Xignite Launches On-Demand Bond Data with CUSIP Identifiers

Xignite, Inc., the leading cloud services provider of on-demand global financial market data and application components, announced the immediate availability of XigniteBondMaster, an on-demand web service delivering data covering over 125,000 U.S. corporate bonds, with CUSIP identifiers. The new web service gives software developers a systematic way for their applications to receive corporate bond reference data directly over the Internet.

The XigniteBondMaster web service offers corporate bond maturity dates, coupon rates and master data about bond issuers. All bond data can be searched easily by the name of the issuer or by unique identification codes such as the VALOR number, the International Securities Identification Number (ISIN) or the Committee on Uniform Security Identification Procedures (CUSIP) 9-character identifier.

Thanks to a new agreement between Xignite and CUSIP Global Services (CGS), Xignite's customers can now look up bond CUSIP identifiers using XigniteBondMaster. CUSIP Global Services provides a unique common language for identifying financial instruments across institutions, exchanges and nations. CGS is managed by Standard & Poor's on behalf of the American Bankers Association, and is the universally recognized identification system for more than 9.1 million instruments.

As a cloud-based web service, XigniteBondMaster delivers corporate bond data on an on-demand basis, saving technology development time and expense. Software developers and IT departments can use XigniteBondMaster to add corporate bond data to their software applications. With XigniteBondMaster's application-ready interface, applications can retrieve bond data on-demand over the Internet right at the moment when a user needs the data. Using on-demand bond data, application developers are able to eliminate the high costs and time commitments of managing bond data locally.

"XigniteBondMaster has allowed us to stay focused on our core business, helping our clients manage their regulatory compliance, rather than spending our resources on data management infrastructure," said Tad Mitchell, President and COO of Compliance11, the leading provider of on-demand regulatory compliance management solutions for the financial services industry. Compliance11 is using XigniteBondMaster to help their clients enforce employee bond trading restrictions by comparing bond data from XigniteBondMaster with brokerage reports and their clients' restricted lists.

"We've experienced very strong demand specifically for bond data delivered in an on-demand format," said Stephane Dubois, Xignite's CEO. "We're thrilled to be expanding into the bond arena now with the launch of our latest service. And we're just as thrilled to be able to offer our customers the ability to look up bond CUSIP codes as part of the service."

XigniteBondMaster is publicly available as of March 16, 2010 on the Xignite website at http://www.xignite.com/xBondMaster.asmx. CUSIP identifiers are available through XigniteBondMaster only to companies with the appropriate agreements in place with CUSIP Global Services. About Xignite Xignite is the leading cloud computing provider of on-demand, Web services for professional-grade financial market data and applications, fulfilling more than one billion service requests per month. Xignite offers the broadest selection of financial Web services available today with more than 50 solutions covering domestic and global equities, commodities, currencies, options, fixed income and interbank interest rates, analyst predictions, company fundamentals, corporate information and news. Xignite solutions power mission-critical applications for portfolio management, sales management, trading, investor relations, executive dashboards, asset pricing, ERP, accounting, e-commerce, online games and financial websites for more than 600 global clients, including Citi, GE Commercial Finance, Wells Fargo, ING, Marsh & McLennan, Forbes.com, NetSuite, kaChing.com, Wolfram|Alpha, Seeking Alpha, Starbucks, and Wendy's. For more information, please visit www.xignite.com or call 1-866-XML-SOAP.