Case Study: Madrone Software & Analytics reduces onboarding time by 80% and boosts client growth with Xignite market data

RIA Portfolio Analytics Tool Helps Increase AUM

Madrone Software & Analytics, a San Francisco startup, developed RooT—a cloud-based portfolio construction and decision-analytics platform—to help institutional asset managers measure skill, improve manager selection, and increase transparency. Building RooT was hampered by incomplete and unreliable client transactional data, so Madrone needed a trusted source of historical pricing and fundamentals to validate inputs and support its quantitative models.

After evaluating providers, Madrone chose Xignite’s cloud APIs (GlobalHistorical and GlobalFundamentals); integration was smooth and onboarding was quick. Powered by Xignite data, RooT has grown its client base significantly, reduced new-client onboarding time by 80%, and gained the data confidence to expand offerings, launch mobile and freemium products, and scale internationally.

Madrone

Michael Siminoff

Founder and CEO