Industry Insights

The inflationary environment is hitting all corners of the economy. Yes, even financial services companies. Perhaps nowhere is this more evident than in the cost of market data. 

The term “cord cutter” gained momentum in 2010 as streaming services began to pose a formidable threat to the legacy cable industry. As that trend has played out over the last decade, it’s clear consumers now have the power to create their ideal mix between both traditional and streaming TV options. In the same way, we see an emerging parallel in market data consumption across the financial services industry ...

Last week we showcased the latest of QUODD’s digital innovation within the Equity+ securities workstation. We highlighted new functionality coming this year that will be made available to existing users as an optional premium entitlement or packaged in a streamlined version customized to the needs of the wealth advisory firms and their investment professionals that are primarily fee-based/asset allocators.

We are excited to announce that we have recently added SOFR Term rates (1 Month, 3 Month, 6 Month, and 12 Month) to your existing Rates and Interbanks APIs. SOFR has become a popular choice for users looking for an alternative to LIBOR since the cessation post-2021.

While fees have decreased, the cost of financial market data has risen. This is a troubling disconnect that constrains your competitive edge. The legacy model of data delivery requires subscribing to comprehensive sets of data, regardless of the securities of interest. In contrast, innovative technology is quickly changing how the world operates, offering opportunities for more tailored options. Financial market data delivery is one area ripe for a higher-service, price-flexible alternative.

Apex and QUODD have entered a strategic data partnership to provide Apex clients with direct access to valuable financial market data that drives investing and trading applications

We are excited to share that we have added adjustment factors for rights issues to our historical stock price API. This API currently supports adjusted historical prices calculations for corporate actions such as splits, cash dividends, stock distributions, bonus shares, scrips, and spinoffs.

QUODD has announced a new strategic data partnership with FusionIQ, an IQvestment Holdings, LLC company. The partnership provides QUODD’s 20 years of expertise in fueling market data for the fintech space to investors and advisors on FusionIQ’s digital investment platform.