QUODD Financial Information Services
QUODD Financial Information Services is a cloud-native financial market data provider serving over 1,800 institutions with the QX Digital Platform, QX Marketplace (500+ APIs), and Equity+ Workstation, delivered via the proprietary QUASAR engine on AWS.
- Company typePrivate
- Founded2001
- HeadquartersJersey City, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What QUODD Financial Information Services does
QUODD Financial Information Services, Inc. is a cloud-native financial market data provider founded in 2001 and headquartered in Jersey City, New Jersey. The company is privately held by NewSpring Holdings, a Radnor, Pennsylvania-based private equity firm operating a buy-and-build strategy. QUODD serves over 1,800 financial institutions globally, with the customer base expanding to over 2,200 following the February 2023 acquisition of Xignite, an API-based market data competitor. The platform supports banks, wealth managers, broker-dealers, asset servicers, fintechs, financial media, and emerging crypto/DeFi venues across North America and Latin America.
The company's product architecture consists of three primary delivery channels. QX Digital Platform is a cloud-native enterprise platform providing lookup, query, and automation workflows over global pricing, reference data, and corporate actions. QX Marketplace exposes over 500 market data APIs (REST and gRPC) covering equities, fixed income, ETFs, mutual funds, options, futures, indices, FX, and crypto, with consumption-based pricing. Equity+ Securities Workstation is a desktop application serving advisors, traders, and portfolio managers. All products run on AWS-hosted infrastructure orchestrated by the proprietary QUASAR platform, which applies AI-powered anomaly detection and NLP-based data normalization to deliver AI-ready inputs. The company holds SOC 1 Type I and Type II and SOC 2 Type II certifications, reports 99.9% availability, and was named Best Cloud & Infrastructure Modernization Solution at the 2026 FTF Innovation Awards.
QUODD generates revenue through subscription-based market data licensing and usage-based API and data feed consumption, with annual billing cycles and modular data packages. Go-to-market combines enterprise field sales with a self-serve developer portal supporting trial token generation. Named customers include FIS, Charles River Development, Principal Financial Group, SoFi, Stocktwits, Zephyr (Informa), Addepar, Wealthfront, Motley Fool, Infosel, Solactive, and Ostium. Distribution agreements with S&P Global (bond data) and AWS infrastructure partnership extend reach. Leadership includes CEO Bob Ward, CFO Max Broedlow, COO Gary Grochmal, CTO David Kirk, and CRO Scott Kirschbaum; the board includes former Nasdaq Chair Bob Greifeld and former Nasdaq CIO Anna Ewing alongside NewSpring Holdings partners.
QUODD Financial Information Services firmographics
Firmographics- Name
- QUODD Financial Information Services
- Legal name
- QUODD Financial Information Services, Inc.
- Website
- https://quodd.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- QUODD Financial Information Services is a cloud-native financial market data provider serving over 1,800 institutions with the QX Digital Platform, QX Marketplace (500+ APIs), and Equity+ Workstation, delivered via the proprietary QUASAR engine on AWS.
- Ownership category
- akta.pro rank
Where QUODD Financial Information Services is headquartered
LocationHeadquarters
- HQ city
- Jersey City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
QUODD Financial Information Services business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
Revenue model
- Subscription-based Market Data Licensing: Institutional clients subscribe to market data packages with flexible licensing models. SUBSCRIPTION fees are due at the beginning of each subscription term. Provider reserves the right to increase fees annually. Includes modular data packages aligned to content needs, flexible entitlement structures, and usage models for internal and external applications.
- API and Data Feed Services: Revenue from programmatic API access, streaming data feeds, and file-based delivery. Includes consumption-based and scalable commercial frameworks designed for predictable billing, transparency, and growth alignment.
- Equity+ Workstation Licensing: Desktop market data workstation licensed to advisors, traders, portfolio managers, and broker-dealers requiring real-time streaming quotes and portfolio intelligence.
- QX Digital Platform Access: Web-based platform access providing lookup, query, and automation workflows for global pricing and reference data, supporting front, middle, and back-office operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Flexible institutional pricing with modular data packages |
| Usage-based | Pay-as-you-go | API and data feed consumption-based pricing |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
QUODD Financial Information Services product offering
Product offeringCore offering
QUODD Financial Information Services provides cloud-native financial market data to over 1,800 financial institutions globally. Its core offering is a platform-plus-modules architecture comprising the QX Digital Platform for global pricing and reference data workflows, the QX Marketplace with 500+ market data APIs, and the Equity+ Securities Workstation desktop application for real-time streaming quotes and portfolio intelligence.
Product overview
QUODD Financial Information Services is a cloud-native financial market data provider offering a platform-plus-modules architecture. The core offering consists of QX Digital Platform (web-based enterprise platform for global pricing and reference data workflows) complemented by QX Marketplace (catalog of 500+ market data APIs) and Equity+ Securities Workstation (desktop application for real-time market data). Key API products include Snap API for NBBO quotes, Ticker Info API for fundamentals, Option Lookup API, and Overnight API for 24x5 trading. QX Digital includes three integrated modules: QX Lookup for ad hoc security lookups, QX Query for bulk data extraction, and QX Automate for programmatic integration. The company serves over 1,800 financial institutions with data across equities, fixed income, funds, ETFs, options, futures, indices, FX, and crypto.
Differentiator
Problem solved
Functional benefit
Brands
- QX Digital Platform: Cloud-native platform delivering global pricing, reference data, corporate actions, and analytics to financial institutions with lookup, query, and automate workflows.
- QX Marketplace
- Equity+ Securities Workstation
- Overnight API
- QX Lookup
- QX Query
- QX Automate
Products and services
- QX Digital Platform Cloud-native enterprise platform for sourcing, validating, enriching, and distributing global pricing, reference data, corporate actions, and analytics across investment, operations, compliance, and client reporting. Includes QX Lookup, QX Query, and QX Automate modules.
- QX Marketplace Catalog of over 500 market data APIs offering programmatic access to pricing, reference data, fundamentals, corporate actions, and multi-asset market data with consumption-based pricing and multiple delivery formats (REST, gRPC).
- Equity+ Securities Workstation Real-time market data workstation providing streaming quotes, live charts, portfolio monitoring, fund research, ESG ratings, and integrated workflow support for wealth management firms, advisors, portfolio managers, and broker-dealers.
- Overnight API API providing real-time U.S. market data outside regular trading hours (24x5 coverage), enabling after-hours trading insights for fintech applications and global trading platforms.
- Snap API Provides current conflated NBBO and aggregated trade information for specified tickers. Supports equities and options with streaming and request-response modes.
- Ticker Info API gRPC service providing basic fundamental data for specified tickers including market cap, P/E ratio, dividend info, EPS, and company description.
- Option Lookup API gRPC service providing options tickers and expiration dates for underlying tickers, supporting option type filtering and expiration date queries.
Quantifiable outcome
- Reduction in operational workload by up to 80% while improving data accuracy and accelerating new source integration.
- +4 more outcomes
Companies that use QUODD Financial Information Services
Customer profileNamed customers12 records
Segments10 records
Ideal customer profiles5 records
QUODD Financial Information Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature9 records
QUODD Financial Information Services partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and flagship.
- OstiumcoreOstium, a perpetual swaps platform for real-world assets (RWAs), leverages QUODD's real-time market data as a core input into its oracle infrastructure. QUODD's equities, FX, and commodities data supports transparent, accurate pricing across assets for global trading. This enables tighter execution, reduced slippage, and scalable access to traditional markets on crypto rails.
- TakocoreTako, an AI data analyst platform, integrated QUODD's financial market data into its knowledge graph, enabling natural-language access to authoritative real-time and historical market data for financial analysis.
- Blue Ocean TechnologiescoreQUODD partnered with Blue Ocean Technologies to deliver innovative overnight trading solutions, providing critical role of market data education and enhanced access for overnight trading. This partnership addresses the increasing demand for 24x5 market data access and future possibilities such as weekend trading.
- Zephyr (Informa)coreZephyr, a division of Informa serving wealth managers and financial advisors, selected QUODD's QX Digital as its primary market data solution. The implementation aims to enhance data stability, transparency, and user experience for Zephyr's asset and wealth management platform.
- StocktwitscoreStocktwits, the largest social platform for investors and traders with over 10 million users, integrated QUODD's Overnight API providing real-time U.S. market data outside regular trading hours. This enables after-hours insights for Stocktwits' user community.
- SoFicoreQUODD partnered with SoFi to enable expansion into alternative investments, specifically expanding coverage of interval funds used to hold less liquid investments such as alternatives.
- Principal Financial GroupcorePrincipal Financial Group selected QUODD's QX Digital Platform for market data, integrating mutual fund, equities, and fixed income pricing data for wealth management operations.
- S&P GlobalcoreQUODD expanded its back-office focused market data platform with bond data from S&P Global through a redistribution agreement. This enhances the integrated experience with the QX Digital Platform.
- InfovisacoreInfovisa, a bank technology service provider, selected QUODD's QX Digital Platform as its primary market data solution, continuing QUODD's significant growth in powering bank technology service providers.
- Amazon Web Services (AWS)coreQUODD worked with AWS Modernization Lab to modernize its technology infrastructure, enabling 5x faster scaling while reducing costs by up to 80%. AWS-hosted cloud infrastructure supports QUODD's market data delivery platform.
- XigniteflagshipQUODD acquired Xignite, a competitor in the market data sector, to expand its services and strengthen its position as a cloud-based financial data provider. The acquisition enhanced QUODD's product offerings and expanded service to over 2,200 companies including banks and digital investment platforms. Xignite's API-based market data platform was integrated into QUODD's product suite, rebranded under the QX Digital and QX Marketplace names.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
QUODD Financial Information Services competitors and assessment
Company assessmentBroad incumbents
- FactSet: Integrated financial data and analytics platform for portfolio and risk management, trading, and research across global markets. Competitor for institutional asset management and wealth platforms that QUODD serves with QX Digital and the Equity+ workstation.
- Morningstar: Provides market data, analytics, and research across the global investment community, including market data feeds, workstation products, and managed data services. Overlapping competitor for the wealth management, asset management, and advisor segments that QUODD targets.
- Bloomberg L.P. Dominant enterprise financial data, analytics, and terminal platform with comprehensive market data, analytics, and news. Overlaps with QUODD on market data content but bundles it with terminal workflows, IB messaging, and trading, making QUODD the cost-disrupting alternative in cloud/data-only deployments.
- LSEG (Refinitiv): London Stock Exchange Group owns Refinitiv and operates Workspace, Lipper, and a broad suite of market data, reference, and analytics products. Much larger incumbent that QUODD positions against on TCO and cloud-native architecture for both buy-side and sell-side institutions.
- S&P Global Market Intelligence: Cross-asset market data, reference data, and analytics arm of S&P Global. Overlaps with QUODD on pricing/reference/corporate-actions data and is also an upstream content partner via the S&P Global redistribution agreement cited by QUODD.
Direct peers
- Xignite: QUODD acquired Xignite in 2023; it was a leading cloud-native market data API platform serving fintechs and developers with stock, forex, options, fundamentals, and reference data. The most direct one-to-one comparable in product, pricing model (consumption-based), and customer segment, now fully integrated into QX Marketplace.
- Intrinio: Cloud-based financial data API provider offering stocks, options, fundamentals, ETFs, and institutional-quality data for fintechs and developers. Direct competitor in API-first, consumption-based financial data delivery targeting the same fintech-and-platform-provider segment QUODD serves.
- Finnhub: Market data APIs covering stocks, forex, crypto, and alternative data with a developer-and-fintech-first orientation. Direct overlap with QUODD in API-first, multi-asset data delivery to fintech builders.
- Polygon.io: Real-time and historical US equities, options, forex, and crypto market data via REST and WebSocket APIs. Closely comparable API-first delivery, developer-portal onboarding, and consumption pricing to QUODD's QX Marketplace.
- Databento: Institutional-grade market data API platform providing historical and real-time data across global venues with a developer-first, usage-based pricing model. Direct peer to QUODD's QX Marketplace in cloud-delivered, programmatic market data with strong developer tooling.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
QUODD Financial Information Services social profiles
Digital presenceQUODD Financial Information Services compliance and trust
Trust signalCompliance2 records
QUODD Financial Information Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
QUODD Financial Information Services leadership team
Management profileNumber of profiles
Profiles10 records
QUODD Financial Information Services subsidiaries and ownership
Company hierarchySubsidiaries1 record
QUODD Financial Information Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QUODD Financial Information Services M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QUODD Financial Information Services
What does QUODD Financial Information Services do?
QUODD Financial Information Services provides cloud-native financial market data to over 1,800 financial institutions globally. Its core offering is a platform-plus-modules architecture comprising the QX Digital Platform for global pricing and reference data workflows, the QX Marketplace with 500+ market data APIs, and the Equity+ Securities Workstation desktop application for real-time streaming quotes and portfolio intelligence.
Is QUODD Financial Information Services a public or private company?
QUODD Financial Information Services is a private company. It is classified as private equity controlled and is currently operating.
When was QUODD Financial Information Services founded?
QUODD Financial Information Services was founded in 2001. It employs 51 to 100 people.
Where is QUODD Financial Information Services based?
QUODD Financial Information Services is headquartered in Jersey City, United States, in the North America region.
How does QUODD Financial Information Services make money?
Four revenue lines are on record. Subscription-based Market Data Licensing is the primary driver. The others are API and Data Feed Services, equity+ Workstation Licensing and QX Digital Platform Access.
Who are QUODD Financial Information Services's main competitors?
Broad incumbents on record are FactSet, Morningstar, Bloomberg L.P., LSEG (Refinitiv) and S&P Global Market Intelligence. Direct peers are Xignite, Intrinio, Finnhub, Polygon.io and Databento.
Does QUODD Financial Information Services have an API?
Yes. QUODD offers a comprehensive developer platform with RESTful and gRPC APIs for accessing market data including Snap (NBBO quotes), Ticker Info (fundamental data), Options Snap, Option Lookup, and Batch operations. APIs support real-time, delayed, and historical data for equities and options. Authentication uses JWT tokens. The platform provides programmatic access to global pricing, reference data, corporate actions, and security master data. Multiple delivery formats supported including JSON, CSV, and PIPE. Developer portal provides setup resources, testing environments, and onboarding documentation. Developer documentation is at developer.quodd.com.