Market data provider QUODD launches Universe+ 09 June 2022US Reporter: Jenna Lomax
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Market data provider QUODD has launched Universe+, a cloud platform that delivers security pricing, reference data, and analytics across all asset classes, integrating mutual fund, equities, and fixed income pricing data.
A part of QUODD’s Command Center, Universe+ allows middle and back-office employees to monitor ongoing price fluctuations and pull data on demand.
Universe+ also features security look-up and query capabilities using predefined or custom templates.
The data on Universe+ can be validated or initiated with detailed explanations to reconcile differences between primary and secondary sources.
Commenting on the launch of Universe+, Bob Ward, CEO of QUODD, says: “The one-size-fits-all approach to market data simply does not work anymore from a practicality standpoint.
“While legacy market data providers will always have a place at the table within large firms, it is clear that alternative market data providers can step up to fill the void for back and middle-office professionals that need high-quality, customised data available from wherever they are working.”
Ed Chidsey, senior vice president and global head of financial information services at IHS Markit, says: “Our partnership with QUODD aligns with our vision of providing the most innovative, robust and scalable solutions for financial institutions.
“We are proud to be QUODD’s exclusive fixed income data provider, as our best-in-class pricing and reference data delivers actionable intelligence that can enable a competitive advantage for trust and wealth management firms.”
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