QUODD: A Future Built on Innovation and Client Success

The financial services industry continues to face persistent challenges, including rising technology costs and shrinking margins. These ongoing pressures drive institutions to seek more efficient solutions for market data delivery, and QUODD has been proud to lead the way as a trusted partner in this evolving landscape. We have democratized access to market data, enabling a diverse range of use cases through our extensive content catalog, which includes 150 data sources and over 250 billion data points. Our products are designed to realign economic incentives, optimize operational efficiency, and ultimately safeguard our clients’ bottom line.

At QUODD, our driving principles form the foundation of everything we do: a commitment to excellence, open communication, team unity, solution-driven design, and a client-centric approach. These values guide our mission to deliver exceptional market data solutions and empower our clients' success.

As our growth continues, we continue to invest in cutting-edge technology, a cloud-first infrastructure, and a relentless focus on client success to redefine data consumption experiences. By placing our clients at the center of innovation, we are proud to deliver fingertip access to comprehensive, global financial information in any format—with the highest quality, timeliness, and service levels. Our goal from years past has become a reality today: eliminating friction and empowering clients with tailor-made data solutions that meet their unique business requirements and operational workflows, anytime, anywhere.

2024: A Year of Growth and Synergy

In 2024, our QX Digital Offering saw remarkable growth, with a nearly 200% increase in the number of institutions accessing it. This underscores the power of our solutions and the trust placed in us by the financial services community. The synergistic impact of our Xignite acquisition was a standout success, with customers accessing the combined data catalog of both entities.  This enables our clients to improve their data consumption experience and drives even greater value from a one-stop shop.

On the partnership front, our distribution partners have continued to deepen their strategic ties with QUODD, increasingly making us the primary solution for their data needs. What began as a secondary source of data for many partners has evolved into a central role in their respective market data strategies. This success is attributed to the strength of our technology, the comprehensiveness of our data, and the trust we’ve earned through our customer-first focus. The new market data paradigm empowers enterprise consumers to select the approach that best fits their needs, whether they are innovators, mature institutions, or building new business units.

Accelerated Growth of the QX Digital Platform

The QX Digital Platform epitomizes our mission to enhance the data consumption experience, offering a turnkey digital solution that automates workflows for global pricing, reference data, and corporate actions. Built on a cloud-native infrastructure, it provides clients with seamless access to comprehensive data through self-service tools, programmatic automation, and API-driven flexibility. With this innovation, we have leapfrogged the inefficient, costly, and outdated methods of delivering global pricing data, setting a new standard for institutions worldwide.

A key differentiator is QX Automate, which elevates the client experience by enabling dynamic, user-defined workflow automation. Our clients are seeing great success through the QX Automate file adapter delivering data in preferred formats without additional development.  This seamless integration, combined with robust customization options, allows clients to operate with unparalleled efficiency and precision, meeting their unique data needs at scale. For an in-depth review, see the latest analysis by Celent.

Growth of the QX Marketplace

In its second year following the merger of QUODD data and Xignite data into the combined QX Marketplace, we experienced remarkable growth, serving more than 9 trillion API requests in 2024—a 38% increase compared to the previous year. This scalability underscores our ability to meet the higher demands of a rapidly evolving financial services industry.

Key enhancements to the QX Marketplace product suite have further strengthened our offering. These updates include content expansion, added functionality, infrastructure improvements, and enhanced customer support—delivering a more comprehensive, dependable, and customer-centric solution. By consolidating our technology stack and improving operational efficiency, we’ve increased dependability, stability, and scalability to support our clients’ growth and evolving needs.

Looking Ahead to 2025: Building a Future of Excellence

As we look to the future, QUODD remains steadfast in its mission to deliver comprehensive, actionable, and reliable market data solutions. By leveraging our cloud-native core technology, which enables modularization of data products and user-level entitlement management, we will continue to empower institutions with unmatched usability and flexibility to consume our comprehensive content catalog—whether inside the QX Digital Platform or integrated into their own applications.

In 2025, our focus will include:

• Advancing self-service automation capabilities within QX Automate to redefine back-office efficiency with features like advanced scheduling, collaborative sharing, adaptive format adjustments, custom queries, and flexible delivery mechanisms.
• Continuous investment in our data lake and content catalog to meet growing demand for flexible, high-quality datasets. We aim to seamlessly integrate our proprietary data, best-in-class content from partners, and our customers’ datasets to deliver a unified and powerful data experience.
• Innovating with AI-powered tools that anticipate client needs, enable new data-driven insights, and further improve operational efficiency and client support.
  
  

Thank You

In summary, we have worked tirelessly to become the premier global financial market data and content provider at an unprecedented scale. We remain committed to enabling institutions to source and consume data seamlessly, driving operational efficiency and unlocking opportunities for growth.

Whether you rely on our QX Digital Platform or build custom solutions through our QX Marketplace, we will continue to deliver tailored and modularized data products that fit your unique requirements, with flexible delivery options in the format of your choice. Our flexible pricing models and fully transparent billing further reinforce our commitment to empowering your success with reliability, efficiency, and trust.

At QUODD, our driving principles define how we operate and innovate: a commitment to excellence, fostering open communication, uniting as a team, designing solution-driven products, and maintaining a steadfast client-centric approach. These values not only fuel our achievements but also reflect our unwavering dedication to serving you better every day.

Thank you for choosing QUODD as your trusted partner. We look forward to continuing to serve you with world-class service and innovative data offerings.