BOSTON, and JERSEY CITY, N.J., Nov. 6, 2019 /PRNewswire-PRWeb/ -- FinTech Sandbox announced today that QUODD Financial Information Services ("QUODD"), a unit of Financeware and a leading provider of financial market data and information analysis tools for the wealth management industry, has signed on as a Data Partner.
FinTech Sandbox facilitates innovation in the financial sector by making data and infrastructure available to well-qualified FinTech startups at the point when such access is most impactful. These Sandbox startups collaborate with each other by sharing learnings and advancements that benefit the FinTech ecosystem. Participating startups pay no fees, and no equity is taken.
QUODD provides a real-time data management solution poised to revolutionize the integration, delivery and use of live data. The company's solution is based on a proprietary platform technology giving an enterprise complete flexibility in content selection as well as customized delivery through high levels of personalization, a radical improvement over existing rigid data solutions.
QUODD's platform seamlessly integrates all third-party market data within a company's internal systems and databases making the entire solution centrally-managed. This eliminates the need for company resources and significantly decreases data management costs across an enterprise.
QUODD is sharing the following data with FinTech Sandbox participants:
- Real-time pricing data for all North American equities, options, futures and indices. This includes equities trading on the NYSE, NASDAQ (including NASDAQ Basic), OTC Markets, and TSX.
- Real-time pricing data on options and futures trading on the CME, CBOT, NYMEX, COMEX, and ICE.
- Real-time pricing data on S&P indices, Dow Jones indices, Russell indexes, CME indexes, CBOE indexes, and BNY Mellon indexes.
- Global end-of-day content including pricing, reference data, corporate actions and dividends on equities and funds.
Will Dolan, Chief Executive Officer of QUODD's parent company Financeware, said this about the partnership, "QUODD is very excited to be entering into a partnership with Fintech Sandbox. As a business unit of Financeware, a leading wealth management fintech platform, QUODD fully understands the needs and requirements of the FinTech community. We look forward to supporting FinTech Sandbox by utilizing our innovative technology to provide cost-effective and flexible data solutions to its startups."
Jean Donnelly, Executive Director of FinTech Sandbox sees this announcement as further proof of the organization's commitment to partnering with the most innovative data providers. "We're extremely pleased to welcome QUODD to the Sandbox community. Access to real-time market data is a critical enabler of innovation in the asset management and wealth management industries."
Over 180 startups from around the world have been accepted as participants since the non-profit FinTech Sandbox launched in 2015. Alumni include Kensho (acquired by S&P Global), Petal, TellusLabs (acquired by Indigo), and Quantopian. Companies accepted to the program have gone on to raise more than $400 million in aggregate.
About QUODD Financial Information Services
QUODD, a Financeware company, provides streaming data solutions as well as comprehensive end-of-day pricing, reference and corporate actions solutions to the global fintech, wealth, investment management, and retirement market. These solutions include seamlessly integrated global listed pricing, dividends and corporate actions content. For more information, please visit http://quodd.com/.
About FinTech Sandbox
FinTech Sandbox is a Boston-based nonprofit that promotes innovation in financial technology and financial services globally by providing FinTech entrepreneurs and startups with access to critical data and resources. FinTech Sandbox also organizes Boston FinTech Week, the world's largest free FinTech conference, each September. For more information, please visit http://www.FinTechSandbox.org and http://www.twitter.com/FinTechSandbox.
Head of Marketing
QUODD Financial Information Services
SOURCE FinTech Sandbox