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.
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 which 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.
About QUODD
QUODD delivers reliable and comprehensive market data on demand to the global financial services industry. QUODD’s two primary product sets, QX Digital Platform and QX Data, are powered by QX Technology, a modern cloud-based infrastructure and toolkit for the automation, control, and consumption of all types of financial market data information. QUODD fuels wealth servicing users across banks, broker dealers, insurance companies and fin techs the ability to stream, embed, look up, or download pricing data for global equities, fixed income, indices, options, futures, and end-of-day pricing for global mutual funds spanning. Monitoring more than 150 global exchanges and tracking trillions of transactions with a 99.999% up time, QUODD is the modern market data resource you can trust. Learn more at http://www.quodd.com/.
About NewSpring Holdings
NewSpring Holdings, NewSpring's dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $2.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com.
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