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QUODD revamps product suite post-Xignite acquisition
QX Digital Platform and QX Data, powered by QX Technology, further position QUODD as the premier global financial market data and content provider for financial services.
JERSEY CITY, N.J., September 21, 2023 — QUODD, a comprehensive market data on demand provider for the global financial services industry and a NewSpring Holdings platform company, is pleased to announce the reintroduction of its market data platform and API marketplace which integrates assets from the acquisition of Xignite in February, 2023.
QUODD’s market data platform, QX Digital Platform and QX Data, is powered by QX Technology, a modern cloud-based infrastructure that provides for the automation, control, and consumption of all types of financial market data information.
QX Digital Platform, QUODD’s flagship institution-facing market data platform, connects workflows from back to front office with mission-critical functionality. The platform powers fingertip access and custom queries to the highest quality, reliable, and cost-effective global security pricing, reference data, corporate actions, and analytics across all asset classes. Best-of-breed content providers from proprietary and third-party sources for funds, equities, fixed income, indices, and currencies integrate into QX Digital Platform’s bulk data download functionality with programmatic access to queries on customized asset masters that can feed into proprietary and/or third-party applications.
QX Data, which continues to serve complex enterprises in need of an institutional-grade low-latency streaming infrastructure, now offers the QX Marketplace for advanced tech buyers seeking programmatic access to the largest cloud-based, integrated suite of market data APIs in the industry.
The revamped product suite and future roadmap represent the next evolution of QUODD after its
acquisition of Xignite, a global provider of financial market data APIs, in February, 2023. With the integration of QUODD’s and Xignite’s technology, QUODD’s modern, cloud-based infrastructure for consumption and control of market data adds fuel to the company’s momentum.
“The integration of QUODD’s and Xignite’s technical expertise to create and develop QX Technology helps us continue QUODD’s quest to become the premier global financial market data and content provider in the financial services space. Our goal is to provide fingertip access to comprehensive, global information in any format with the greatest quality, timeliness, and service levels at the lowest total cost of ownership,” said Bob Ward, Chief Executive Officer of QUODD.
