John Siegel, Jr., Ph.D. started Stockworm over a decade ago to find out what made the market tick. After reviewing popular investment
magazines, web sites, books, and financial news programs, John and his team realized that they were really seeking a more impartial way
of picking stocks. After immersing themselves in academic accounting journals they wrote a program which crunched out the
valuation formulas which they had discovered.
After analyzing more than 8,000 stocks and investing based on their model, they were beating the market. Stockworm worked so well that
many friends and associates were begging John to use it. As a result, Stockworm website was first launched in 1999 and experienced
significant growth. In mid-2006, John decided to "privatize" Stockworm and make it only accessible by the clients of
the new money management firm, Stockworm Capital Management, LLC, which he created for that purpose.
John and his team discovered Xignite's web services in 2004 and have been using them since. "Xignite made it incredibly easy for
us to integrate delayed and historical quotes into our platform" says Fyodor Golos, Stockworm's IT Director. "We must manage
large sets of proprietary data to feed our model so we do not want to manage the complexity of additional feeds. Xignite takes that
complexity away from us so that we can focus on what gives us an edge."
"But most importantly" says John, "We have been very pleased with the excellent service Xignite has provided our growing firm
And this is truly a rarity in this business."