Xignite
QUODD (formerly Xignite) provides cloud-based financial market data APIs and the QX Digital Platform to over 1,800 banks, wealth managers, fintechs, and broker-dealers, covering 200+ markets and 150+ exchanges via AWS-hosted infrastructure.
- Company typePrivate
- Founded2000
- HeadquartersSan Mateo, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Xignite does
QUODD (legal entity Quodd, Inc., formerly Xignite) is a cloud-based financial market data distribution platform serving over 1,800 institutions across banking, wealth management, asset servicing, fintech, platform providers, risk and analytics, broker-dealers, and financial media. The company provides real-time and end-of-day pricing, reference data, and fundamentals across all asset classes, covering more than 250 billion data points spanning 200+ financial markets and 150+ global exchanges, with AWS-hosted infrastructure and SOC 1 Type I and Type II certifications for institutional compliance.
The core technology stack is built around the QX Digital Platform, which combines QX Lookup for ad hoc pricing queries, QX Query for bulk data extraction, and QX Automate for downstream system connections and scheduled job triggers. Distribution occurs through the QX Marketplace for programmatic API access on a pay-as-you-go basis, the Equity+ Securities Workstation for desktop real-time streaming data, and enterprise licensing for the QX Digital Platform. Named customers include Addepar, FIS, SoFi, Wealthfront, Motley Fool, Charles River Development, Solactive, Principal Financial Group, Stocktwits, and Ostium, with Infosel as a Latin America redistribution partner.
The business model is predominantly subscription-based, with annual institutional contracts for enterprise platform licensing and the workstation, complemented by usage-based pay-as-you-go revenue from the QX Marketplace for developers and early-stage fintechs. The go-to-market combines enterprise field sales for financial institutions with a self-serve PLG motion for startups and developers. The company is privately held, was founded in 2000, has 51-100 employees, and is headquartered in Jersey City, NJ, with no disclosed equity capital since a 2016 Series 3 round.
Xignite firmographics
Firmographics- Name
- Xignite
- Legal name
- Quodd, Inc.
- Website
- https://xignite.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- QUODD (formerly Xignite) provides cloud-based financial market data APIs and the QX Digital Platform to over 1,800 banks, wealth managers, fintechs, and broker-dealers, covering 200+ markets and 150+ exchanges via AWS-hosted infrastructure.
- Ownership category
- akta.pro rank
Where Xignite is headquartered
LocationHeadquarters
- HQ city
- San Mateo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Xignite business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Data API Subscriptions: Programmatic access to market data via APIs and data feeds. Flexible licensing models with subscription-based pricing for access to pricing data, reference data, and fundamentals across global markets.
- QX Digital Platform Licensing: Enterprise licensing for the QX Digital Platform providing integrated look-up, bulk query, and automation capabilities for global pricing and reference data workflows.
- Equity+ Securities Workstation: Desktop software providing real-time streaming market data, charts, and insights for securities, models and indices - sold as subscription to institutional clients.
- Custom Data Products: Tailor-made and modularized data products with customized delivery options and formats. Flexible pricing model with extensive array of data products and ancillary services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise institutional pricing for QX Digital Platform |
| Usage-based | Pay-as-you-go | QX Marketplace API access |
| Subscription | Annual | Equity+ Securities Workstation |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Xignite product offering
Product offeringCore offering
QUODD/Xignite delivers cloud-based financial market data infrastructure through the QX Digital Platform, QX Marketplace APIs, and the Equity+ Securities Workstation. The company provides real-time and end-of-day securities pricing, reference data, and fundamentals across global markets, sourced from over 150 exchanges and serving more than 1,800 financial institutions worldwide.
Product overview
Xignite (operated under the QUODD brand) offers a platform-plus-modules architecture centered on the QX Digital Platform for enterprise financial data delivery. The core offering includes QX Marketplace for programmatic API access to comprehensive financial content catalog, with specialized modules QX Lookup (ad hoc pricing queries), QX Query (bulk data extraction), and QX Automate (downstream system connections). Additional products include Equity+ Securities Workstation for real-time desktop market data. The platform delivers cloud-native securities pricing across all asset classes with over 250 billion data points, 200+ financial markets, and 150+ global exchanges coverage.
Differentiator
Problem solved
Functional benefit
Brands
- QX Digital Platform: Turnkey digital experience with automated workflows for global pricing
- QX Marketplace
- Equity+ Securities Workstation
- QX Lookup
- QX Query
- QX Automate
Products and services
- QX Digital Platform Cloud-native enterprise platform providing integrated look-up, bulk data query, and programmatic automation for global pricing and reference data workflows. Sold under annual subscription licensing to financial institutions, asset servicers, broker-dealers, and risk/analytics teams.
- QX Marketplace (APIs & Data Feeds) Self-serve programmatic API marketplace providing a la carte access to the comprehensive QUODD financial market data content catalog across pricing, reference, and fundamental data. Used by fintech startups, developers, and enterprises for application integration with usage-based pricing.
- Equity+ Securities Workstation Desktop software providing real-time streaming market data, charts, and insights for securities, models, and indices. Powers front-to-middle office decision support for trading and investment teams, sold as an annual subscription to institutional clients.
- Pricing Data Real-time and end-of-day cloud-native securities pricing data across all asset classes. Available via API, bulk data, and workstation for institutional valuation and portfolio management workflows.
- Reference Data Intra-day global equity descriptive data, fund data, corporate actions, dividends, and fixed income terms and conditions. Used by asset servicers, risk teams, and platform providers for compliance, reporting, and master data management.
- Fundamentals & Estimates Comprehensive and comparative fundamentals and estimates data including metrics and ratios on global securities. Used by asset managers, wealth managers, and research teams for security analysis and investment workflows.
Quantifiable outcome
- Serving over 1,800 institutions across financial services industry
- +1 more outcomes
Companies that use Xignite
Customer profileNamed customers10 records
Segments7 records
Ideal customer profiles3 records
Xignite technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Xignite partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- InfoselstrategicInfosel, a Mexican financial information provider, uses QUODD's data accessibility and comprehensive content. QUODD's data allows Infosel to deliver real-time and historical data on global currency pairs, indices, and more to clients across Mexico and Latin America.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Xignite competitors and assessment
Company assessmentDirect peers
- Polygon.io: Cloud-based financial market data API provider delivering real-time and historical equities, options, forex, and crypto data to fintechs and institutions — directly comparable in API-first delivery model and developer-focused GTM.
- Finnhub: Financial data API platform offering real-time market data, fundamentals, and alternative data for fintechs and developers — competing head-to-head in the self-serve, programmatic market data segment.
- Intrinio: Cloud-native financial data platform providing standardized market data, fundamentals, and reference data via APIs to fintechs, wealthtechs, and institutions — directly comparable product and customer profile.
- Alpha Vantage: API-first provider of real-time and historical equities, forex, and crypto data, primarily serving developers and fintech startups — competing in the same self-serve, low-friction market data tier.
- Tiingo: Financial data API and end-of-day fundamentals provider serving quants, fintechs, and retail investors with cloud-delivered market and reference data — a direct comparator in API-driven market data distribution.
- IEX Cloud: Cloud-based market data and connectivity platform (formerly IEX Cloud, now Datasync) offering financial data APIs and real-time market feeds to developers and institutions — overlapping in cloud-delivered, API-first data distribution.
Broad incumbents
- Bloomberg: Dominant incumbent in financial market data, analytics, and the Bloomberg Terminal — competes with QUODD on enterprise market data but bundles data with terminal workflow products, making it a broader incumbent rather than a direct API competitor.
- LSEG (Refinitiv): London Stock Exchange Group operates the Refinitiv market data and trading infrastructure business — a large incumbent offering enterprise data feeds overlapping with QUODD's enterprise data products but as part of a much broader portfolio.
- FactSet: Enterprise financial data and analytics platform serving asset managers, banks, and corporates — overlaps with QUODD on pricing, reference, and fundamentals but sells integrated workstation solutions rather than standalone APIs.
- S&P Global Market Intelligence: Division of S&P Global providing securities pricing, reference data, and analytics to financial institutions — competes with QUODD in enterprise market data but within a much larger diversified information services portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Xignite social profiles
Digital presenceXignite compliance and trust
Trust signalCompliance1 record
Xignite financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xignite leadership team
Management profileNumber of profiles
Profiles6 records
Xignite funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xignite M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xignite
What does Xignite do?
QUODD/Xignite delivers cloud-based financial market data infrastructure through the QX Digital Platform, QX Marketplace APIs, and the Equity+ Securities Workstation. The company provides real-time and end-of-day securities pricing, reference data, and fundamentals across global markets, sourced from over 150 exchanges and serving more than 1,800 financial institutions worldwide.
Is Xignite a public or private company?
Xignite is a private company. It is classified as venture growth investor backed and is currently operating.
When was Xignite founded?
Xignite was founded in 2000. It employs 51 to 100 people.
Where is Xignite based?
Xignite is headquartered in San Mateo, United States, in the North America region.
How does Xignite make money?
Four revenue lines are on record. Data API Subscriptions are the primary driver. The others are QX Digital Platform Licensing, equity+ Securities Workstation and custom Data Products.
Who are Xignite's main competitors?
Direct peers on record are Polygon.io, Finnhub, Intrinio, Alpha Vantage, Tiingo and IEX Cloud. Broad incumbents are Bloomberg, LSEG (Refinitiv), FactSet and S&P Global Market Intelligence.
Does Xignite have an API?
Yes. QUODD (Xignite) offers APIs and Data Feeds providing programmatic access to their comprehensive content catalog via delivery method of choice. The platform offers cloud-based market data APIs with data access plans that scale with client needs. Developer Portal provides resources for setup, testing and onboarding. Developer documentation is at developer.quodd.com.