Xignite Vendor of Record Overview
Vendor of Record (VoR) and Exchange Reporting Service
Xignite Vendor of Record (VoR), offered as an add-on service to Xignite real time and delayed quote APIs, is a tightly integrated data access control and reporting solution that lets large banks, asset managers, wealth management and fintech firms build next generation applications that display fee-liable real-time market data, without the complexity and administrative burden of becoming Vendor of Record (VoR).
Xignite VoR service helps you grow your business by simplifying the administration and reporting of exchange fees and eliminating the need for your firm to pay exchange datafeed fees.
Key Features
GlobalEndcoverageuser level market data access control, usage tracking and reporting- Concurrent access enforcement and excessive usage monitoring (required for exchange compliance) powered by Xignite Gateway software
- Vendor of
corporateRecordactionforeventsall North American equities and options exchanges ForwardRESTfullookingAPIscorporateforactioneasyeventsintegrationatinthetoissuer,anyinstrumententerprise applications or ISV solutions- Automated usage reporting and
security levels Lookup active and inactive global securities, instruments and issuers using multiple identifier typesSeamless event identification and mapping with Xignite EventIdentifierAutomatic identifier stitching for corporate action events such as symbol or ticker changes, instrument changes on reverse splits, mergers and acquisitions resulting in one to one instrument transformations, stock listing moving from one exchange to anotherLookup by Identifier as of a known active dateFuture IPO listing dates by exchangeDetailed merger, takeover, and spinoff eventsEvent notes sourced from company announcements and press releasesHigh level event summaries by security timeline or by exchangeDividend details, including optional payments, as declared by the issuerHistorical corporate actions data back to 1/1/2018, splits and dividends back to 1/1/2000invoicing/billing
Key Benefits
UseDrasticallyareducessingleadministrativeeasy-to-useoverheadcorporateofactionsexchangeAPIcompliance and reporting for real-time market dataEliminate the risk of missing corporate action eventsEliminateEliminates the need for your firm topainfullypayreconcileexcessiveglobalexchangecorporatedataactionsfeedfrom multiple sourcesfeesKeep your local security master and portfolio accounting systems accurateAccess institutional quality real-time corporate action data through an easy-to-use APIEasily embed corporate action data in your applications--including back-office, mid-office and front-office applicationsDramatically reduceAccelerate time to market for your ream-time apps- Simplifies
thatintegration in to your applications using easy to use APIs and Single Sign-On (SSO) features - Delivers market data directly to end user applications eliminating the need
corporatetoactionbuild out any market data infrastructure - Eliminate
theneedpainsfor an premise entitlement system leading to overall lower total cost of ownership (TCO) - Reduces audit and
complexitycomplianceofrisklegacyfromfeeds by using cloud corporate action APIsexchanges
DataService Coverage At-A-Glance
- Asset Classes:
GlobalEquitiesequities,andETFs, U.S. mutual funds, depository receipts, structured products, warrantsOptions - Exchanges Covered:
MoreNorththanAmerican190Equitiesexchanges(NYSE, NASDAQ, OCT Markets, TMX, NASDAQ Basic) and OPRA for US Options - APIs Supported: RealTime and Delayed Quote APIs: [XigniteGlobalRealTime](https://www.xignite.com/product/global-real-time-stock-quote-data#/productoverview) XigniteNASDAQLastSale (RealTime NASDAQ Basic Equities ) XigniteGlobalRealTimeOptions (RealTime OPRA Options) XigniteGlobalQuotes (Delayed Equities) XigniteGlobalOptions (Delayed Options)
Key Data Points
- Security changes: Symbol, reclassification, lot change, name change, swaps
- Instrument Changes: CUSIP, ISIN
- Issuer changes: Merger, takeover, spinoff, name change, incorporation change, liquidation
- Listing Status: New listings, delistings, suspensions, resume listings, pending IPOs, move listings
- Dividends: Cash and stock dividends, franked dividends
- Distribution Sets: Distribution type, dividend classification, payment frequency, record date, declared date, ex date, optional payments
- Splits: Forward and reverse splits, split ratio, ex date
- Event Notes:Announcements and press releases