Arqa Technologies
ARQA Technologies is a privately held Russian financial software vendor (founded 2000, Novosibirsk) that develops the QUIK front-office trading platform and QORT middle/back-office suite, serving banks, asset managers, brokers, and commodity traders with connectivity to 30+ trading venues and on-premise, managed, and SaaS deployment models.
- Company typePrivate
- Founded2000
- HeadquartersNovosibirsk, Russia
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Arqa Technologies does
ARQA Technologies LLC is a privately held Russian financial software vendor founded in 2000 and headquartered in Novosibirsk, with approximately 101-250 employees and supporting offices/data centers in Moscow and Novosibirsk. The company develops a front-to-back software suite for automation of trading, post-trade, and depositary operations, anchored by two product lines: QUIK, a front-office trading terminal and order management system, and QORT, an integrated middle/back-office and depositary suite comprising backQORT, capQORT, and depoQORT modules. The technology stack is proprietary, written primarily around a Lua-based scripting environment (QLua), FIX protocol interfaces, and Q2Q broker-to-broker server communication, with direct connectivity to more than 30 trading venues including Moscow Exchange (MOEX), CME Group, Eurex, LSE, SPB Exchange, KASE, Turquoise, and WSE, as well as market-data integrations with Bloomberg B-PIPE, Refinitiv Elektron, FIS Global Network, QuantHouse, Interactive Brokers, and ICE Data Services.
The company serves commercial and investment banks, investment and asset management firms, brokerage firms, and commodity traders, and positions QUIK as the de facto standard front-end for exchange trading in Russia. Its revenue model combines one-time/perpetual software licensing for QUIK and QORT packages, subscription/recurring software-management contracts, monthly managed services and SaaS hosting from its own data centers, and professional services for audit, configuration, and integration consulting. Distribution is direct enterprise field sales with a consultative evaluation model (free testing, remote presentations via Zoom, on-site visits), supplemented by implementation and configuration consulting. The product line is regularly updated — multiple QUIK workstation builds were released in 2025-2026, including compliance work for Bank of Russia Instruction No. 6681-U and emerging-asset support such as digital certificates and tokenized assets — and the firm is actively operating with no disclosed external funding or ownership changes.
Revenue and financial metrics are not publicly disclosed; no funding rounds, M&A activity, or institutional investor involvement is referenced. The firm is independently operated, has no public ticker or investor relations presence, and derives a significant share of its footprint from its role within the Russian/CIS institutional trading ecosystem, with selected international connectivity extending reach to Western Europe, North America, and Central Asia.
Arqa Technologies firmographics
Firmographics- Name
- Arqa Technologies
- Legal name
- Limited Liability Company ARQA Technologies (ООО «АРКА ТЕКНОЛОДЖИЗ» — obshchestvo s ogranichennoy otvetstvennostyu «ARKA TEKHNOLODZHIZ»)
- Website
- https://arqatech.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- ARQA Technologies is a privately held Russian financial software vendor (founded 2000, Novosibirsk) that develops the QUIK front-office trading platform and QORT middle/back-office suite, serving banks, asset managers, brokers, and commodity traders with connectivity to 30+ trading venues and on-premise, managed, and SaaS deployment models.
- Ownership category
- akta.pro rank
Arqa Technologies industry classification
Industry- Product category
- Financial Trading Platform Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- SFT Technology Platforms (Repo/SLB OMS/EMS, Matching) (FSACAIAM)
- akta.pro secondary industry
- Multi-Asset Trading Networks / Interdealer Broker Platforms (FSAFAEAJ)
Keywords
Where Arqa Technologies is headquartered
LocationHeadquarters
- HQ city
- Novosibirsk
- HQ country
- Russia
- HQ region
- Europe
Offices3 records
Markets served
Arqa Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Software Licensing: Sale of QUIK and QORT software packages including basic packages, trading interfaces, modules, and user terminals. License policy governs purchasing terms.
- Managed Services: Data center services including managed hosting, SaaS deployment, system backup, and Q2Q service provision. Provided from company's technical centers.
- Consulting and Testing Services: Audit services for trading infrastructure and QUIK platform configuration, software testing, and configuration/optimization consulting.
- Software Management Services: Ongoing software management, configuration, and support services for deployed QUIK and QORT systems.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | QUIK System packages |
| One time/ perpetual license | Multi-year contract | QORT modules |
| Subscription | Monthly | Managed Services / SaaS |
| Other | Multi-year contract | Consulting Services |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Arqa Technologies product offering
Product offeringCore offering
ARQA Technologies develops and licenses QUIK and QORT, two proprietary software product lines that deliver front-to-back automation of trading and post-trade operations for financial institutions. QUIK is the front-office trading terminal connecting Russian and international markets in real time, while QORT provides end-to-end back, middle and depositary office automation. Offerings are sold as perpetual software licenses, supplemented by managed hosting/SaaS from ARQA-owned data centers and consulting/audit services.
Product overview
ARQA Technologies offers a comprehensive front-to-back software suite for financial markets automation, consisting of two main product lines: QUIK (front office trading platform) and QORT (middle/back office automation). QUIK provides real-time trading access through multiple terminals including desktop (QUIK workstation), web (webQUIK), and mobile (iQUIK X, QUIK Android X), connected to QUIK server. The platform supports connectivity to over 30 trading venues including Moscow Exchange, CME, Eurex, LSE, Turquoise, and provides comprehensive risk management via RISQ solutions. QORT delivers end-to-end automation for back/middle office operations through backQORT (broker's back office), capQORT (asset manager middle office), and depoQORT (broker's depositary). Both product lines share extensive integration capabilities including FIX protocol, Bloomberg, Refinitiv, and Q2Q broker-to-broker connectivity. The suite also includes specialized modules for algorithmic trading, OMS, risk management (CoLibri), asset management (TrustManager), and options analytics.
Differentiator
Problem solved
Functional benefit
Products and services
- QUIK Trading Platform Front-office trading platform enabling traders at banks, investment and asset management firms, brokers and commodity traders to execute trades in real time on Russian and international financial markets. Connectes to QUIK server through terminals and is positioned as the main tool for exchange trading in Russia.
- QORT Back/Middle/Depositary Office Platform End-to-end automation suite for middle, back office and depositary operations of banks, investment and asset management companies, covering position and risk monitoring, P&L determination, accounting automation, reporting and OTC trade reporting to the National Settlement Depository.
- backQORT Broker's back office module within the QORT platform for record keeping, accounting operations and reporting automation.
- capQORT Middle office module for asset management companies within the QORT platform, providing portfolio management and risk analysis.
- depoQORT Broker's depositary module of the QORT platform for securities custody and depositary operations.
- QUIK Workstation Desktop trading application providing real-time access to trading and market information from a QUIK server over the Internet, with tables, charts with 30+ technical analysis indicators, order execution and data export via ODBC/DDE.
- webQUIK Workstation Web-based browser interface for the QUIK platform providing trading access without requiring desktop installation.
- iQUIK X Mobile application for iOS devices providing QUIK trading access for end users.
- QUIK Android X Mobile application for Android devices providing QUIK trading access for end users.
- CoLibri Risk Manager Terminal Specialized QUIK terminal for monitoring client positions and margin requirements, used for risk management by brokers and dealers.
- TrustManager Asset Manager Terminal Specialized QUIK terminal for asset management company operations, including portfolio and client asset tracking.
- QUIK Matching Engine Proprietary matching engine module enabling organizations to organize exchange trading with support for various auction types including closed standard auctions.
- QUIK Backup as a Service Managed hot-backup service for the QUIK platform with online data replication from the broker's main server, providing three permanent connections for verifying server operation and data relevance.
- Audit and Consulting Services Paid consulting service auditing QUIK-based trading infrastructure and reviewing QUIK configuration and settings for business efficiency, delivered with remote presentations via Zoom or on-site consultations.
Companies that use Arqa Technologies
Customer profileSegments4 records
Ideal customer profiles3 records
Arqa Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
Feature11 records
Arqa Technologies partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and moderate.
- BloombergcoreIntegration via Bloomberg EMSX for order routing and Bloomberg B-PIPE for market data. QUIK connects to Bloomberg TSOX via FIX order router and receives market data through Bloomberg B-PIPE interface.
- RefinitivcoreElektron Data Platform integration providing market data from global exchanges. Also provides Refinitiv Matching for OTC trading access.
- FIS Global NetworkcoreFIS Global Network integration for accessing international markets. Used for both order routing and market data via dedicated program interface.
- QuantHousemoderateQuantHouse market data interface integration providing access to market data feeds through QUIK platform.
- Interactive BrokersmoderateInteractive Brokers market data interface for accessing market data through QUIK platform.
- ICE Data ServicesmoderateICE Data Services market data interface for receiving market data in QUIK terminal.
- Moscow Exchange (MOEX)corePrimary exchange for Russian securities, FX, derivatives, and money markets. Direct trading interfaces for Main Market, Classica Sector, OTC system, Clearing Systems, Derivatives Market, and Money Market.
- SPB ExchangecoreSt. Petersburg Exchange integration for Russian and foreign securities trading as well as derivatives market access.
- CME GroupcoreDirect CME trading interface for accessing CME Globex markets including CBOT, CME, COMEX, NYMEX futures markets.
- EurexcoreDirect Eurex trading interface for European derivatives market access.
- LSE (London Stock Exchange)coreDirect LSE Securities Market and LSE Derivatives Market trading interfaces.
- KASE (Kazakhstan)moderateKASE Securities Market, FX Market, and Derivatives Market trading interfaces for Central Asian market access.
- TurquoisemoderateTurquoise trading interface for accessing European equity markets.
- WSE (Warsaw Stock Exchange)moderateWSE trading interface for Central European market access.
- DataSpacemoderateDataSpace data center partnership for QUIK SaaS delivery with backup from M1 Moscow data center.
Scale indicators4 records
Arqa Technologies competitors and assessment
Company assessmentDirect peers
- Trayport: Trayport provides electronic trading networks connecting brokers, exchanges and buy-side firms for OTC and exchange-traded products — comparable to ARQA's Q2Q broker-to-broker connectivity and multi-venue trading infrastructure.
- Murex: Murex provides an integrated capital markets platform covering trading, risk and post-trade processing for banks and asset managers — directly comparable to ARQA's front-to-back QUIK/QORT positioning, though with larger global footprint.
- ION Group (Fidessa): ION's Fidessa franchise is a leading global OMS/EMS platform for buy-side and sell-side trading — directly comparable to QUIK's OMS and trading terminal product line, though focused on Western markets.
Broad incumbents
- FIS: FIS (formerly SunGard) provides the Global Network trading connectivity and a broad suite of capital markets software including front-, middle- and back-office systems — overlapping with both QUIK's connectivity and QORT's back/middle-office modules.
- Bloomberg: Bloomberg Terminal and Bloomberg EMSX provide trading terminals, OMS/EMS functionality and market data across global venues — directly overlapping with QUIK's terminal and order-routing capabilities, but at much larger scale and global footprint.
- Refinitiv (LSEG): Refinitiv's Elektron Data Platform and FX Matching provide trading data infrastructure and OTC trading venues that integrate with QUIK — a key partner of ARQA but also a competitor in adjacent trading technology layers.
- Finastra: Finastra offers capital markets and treasury software including trading, risk and back-office solutions — comparable in scope to ARQA's combined QUIK/QORT offering, primarily serving banks globally.
- Broadridge: Broadridge (which acquired Itiviti) provides global OMS/EMS and post-trade technology for banks and brokers — a direct competitor to QUIK OMS and QORT on the sell-side, with stronger Western market share.
Regional players
- Moscow Exchange (MOEX): MOEX is ARQA's most important integration partner and primary Russian trading venue; while not a direct software competitor, MOEX-affiliated technology services and terminals compete for the same Russian brokers and asset managers.
Emerging players
- B2BITS (EPAM): B2BITS provides FIX-based integration and capital markets connectivity software — adjacent to ARQA's FIX adapter, FIX drop copy, FIX order router and FIX client connector offerings.
Market position
Strengths5 records
Weaknesses5 records
Key risks6 records
Key highlights7 records
Customer concentration
Arqa Technologies social profiles
Digital presenceArqa Technologies compliance and trust
Trust signalCompliance1 record
Arqa Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arqa Technologies leadership team
Management profileNumber of profiles
Profiles1 record
Arqa Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arqa Technologies 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 Arqa Technologies
What does Arqa Technologies do?
ARQA Technologies develops and licenses QUIK and QORT, two proprietary software product lines that deliver front-to-back automation of trading and post-trade operations for financial institutions. QUIK is the front-office trading terminal connecting Russian and international markets in real time, while QORT provides end-to-end back, middle and depositary office automation. Offerings are sold as perpetual software licenses, supplemented by managed hosting/SaaS from ARQA-owned data centers and consulting/audit services.
Is Arqa Technologies a public or private company?
Arqa Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Arqa Technologies founded?
Arqa Technologies was founded in 2000. It employs 101 to 250 people.
Where is Arqa Technologies based?
Arqa Technologies is headquartered in Novosibirsk, Russia, in the Europe region.
How does Arqa Technologies make money?
Four revenue lines are on record. Software Licensing is the primary driver. The others are managed Services, consulting and Testing Services and software Management Services.
Who are Arqa Technologies's main competitors?
Direct peers on record are Trayport, Murex and ION Group (Fidessa). Broad incumbents are FIS, Bloomberg, Refinitiv (LSEG), Finastra and Broadridge. Moscow Exchange (MOEX) is listed as a regional player. B2BITS (EPAM) is listed as an emerging player.
Does Arqa Technologies have an API?
Yes. ARQA Technologies provides several programmatic interfaces for developers: QLua (built-in Lua scripting language for QUIK workstation automation), FIX interfaces (FIX adapter, FIX drop copy, FIX order router, FIX client connector) for protocol-based trading integration, ODBC and DDE for data export to external databases and spreadsheets, API NSD for National Settlement Depository integration, Q2Q adapter for broker-to-broker connectivity, and transaction import via text files (.tri). Bloomberg DataLicense and Bloomberg VCON drop copy interfaces are available for QORT systems. Developer documentation is at arqatech.com/en/support/files/quik-workstation.
What industry is Arqa Technologies in?
Arqa Technologies's product category is Financial Trading Platform Software. Its primary akta.pro industry code is FSACAIAM, SFT Technology Platforms (Repo/SLB OMS/EMS, Matching), with a secondary code of FSAFAEAJ, Multi-Asset Trading Networks / Interdealer Broker Platforms. Its NAICS code is 5132 and its SIC code is 7371.