Xignite aims to stabilise corporates' FX data sourcing

The data provider will supply FX rates to customers on Oracle Marketplace to enable more accurate global financial reporting

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The going rate: Xignite's API automatically updates FX rates so global reporting accurately reflects exchange rates

Web service data provider Xignite is offering foreign exchange rates to the Oracle Cloud Marketplace to help corporates achieve consistency across their data gathering and more accurately fulfil global financial reporting requirements.

Through its XigniteGlobalCurrencies API, the firm will supply both real-time and historical FX quotes for more than 170 countries and 29,000 currency pairs to customers of Oracle Enterprise Resource Planning (ERP) Cloud. The API automatically updates FX rates, so

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