In June 2026, QUODD celebrated a milestone with the FTF News Technology Innovation Award, naming its cloud-native innovations the Best Cloud & Infrastructure Modernization Solution. This recognition signals a practical, scalable refactor of how market data moves. At the heart of QUODD’s offerings are the QX Digital Platform and the QX Marketplace, built to replace rigid, legacy architectures that slowed adoption and frustrated users. The engine behind it all is Quasar, QUODD’s unified technology stack that gathers data from more than 250 sources and channels it into modular workflows. The Quasar engine enables multi-cloud, multi-region delivery at scale, while still supporting legacy formats like SFTP and bespoke payloads alongside REST APIs and AI-powered workflows.
Bob Ward, CEO of QUODD, said the award reflects the deliberate, disciplined engineering decisions the team has made. The company set out to build an offering that financial institutions could actually grow with, not patch over, and the work on the QX Marketplace and QX Digital is proof that the approach works. The scalability milestones reached include surpassing 350 billion data requests weekly and over 250 institutions relying on QUODD for security master pricing and reference data, evidence that the architecture was built right from the foundation.
The engineering work behind Quasar and the QX platform was designed to solve a structural problem in the market data industry: legacy providers encumbered by technical debt, inflexible pricing, and delivery models that have not kept pace with modern capital markets demands. Quasar delivers on-demand, modular data access with full entitlement and usage control, transparent billing, and seamless integration across front-, middle-, and back-office systems, without requiring clients to rebuild their existing workflows.
David Kirk, Chief Technology Officer of QUODD, notes that Quasar was designed to meet the unique needs of financial institutions, regardless of modernization stage. Whether serving data files into legacy systems, automating agentic workflows, or processing hundreds of billions of data requests, QUODD aims for consistent quality, service, and security at any scale. The team has shipped new products and capabilities, and the pace only keeps accelerating. The company is excited to keep building the future of market data.
Among the achievements recognized in this year’s submission, QUODD surpassed 350 billion data requests weekly, achieved SOC 2 compliance, launched QX Automate, a self-service onboarding workflow tool, and partnered with FIS to deliver the QX Digital Platform to Wealth Trust clients. Each milestone demonstrates the platform’s capacity to support institutional-grade workloads while reducing operational friction that has long characterized market data delivery.
QUODD delivers cloud-native market data solutions that help financial institutions and fintech firms modernize their data infrastructure without the constraints of legacy technology. Powered by Quasar, the QX Digital Platform and QX Marketplace provide modular, API-first access to 250+ global data sources, flexible delivery in any format, and full entitlement control, purpose-built for the demands of modern capital markets. For more information, visit www.quodd.com.
QX powers Cloud & Infrastructure Modernization with Quasar at the center
The engineering team built the QX platform to be flexible and resilient across clouds and regions. It supports both legacy integration formats and modern REST or agentic workflows, delivering on-demand data with transparent billing and robust security. The combination of QX and Quasar enables institutions to migrate in staged steps while protecting current workflows. In practice, this means less downtime, fewer handoffs, and more confidence that data is accurate and timely.
Quasar fuels the QX Digital Platform and QX Marketplace for modern data
With Quasar at the core, QUODD aggregates more than 250 sources and routes data through automated, auditable workflows. Customers gain sandboxed access, granular entitlements, and usage controls that reflect real-time needs. The QX Digital Platform and QX Marketplace deliver 250+ data sources with API-first delivery, making it easier for front-, middle-, and back-office teams to collaborate. The result is less friction, fewer surprises on invoices, and more capacity to innovate in capital markets.
Key milestones include 350 billion data requests weekly, SOC 2 compliance, the launch of QX Automate, and a strategic partnership with FIS to bring the QX Digital Platform to Wealth Trust clients. Each milestone signals a thoughtful, scalable approach to market data that honors both speed and governance.
In practice, this is more than a tech story. It is a narrative about modernizing infrastructure without a full rewrite, turning debt into capability, and empowering teams to focus on strategic decisions rather than firefighting. Quasar demonstrates how cloud-native architecture, modular data access, and clear entitlement and billing can unlock efficiency across the organization.
We invite readers to share their thoughts on how cloud-native platforms like QX and Quasar could reshape market data in 2026 and beyond. Your experiences and questions can help others navigate these modern solutions.
Original article attribution: Thank you to PR Newswire for the original material summarized here. Original article: PR Newswire – QUODD wins 2026 FTF award.
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Practical steps for evaluating cloud-native market data modernization
- Assess your current architecture: identify bottlenecks caused by legacy systems and inflexible pricing.
- Map your data needs: determine sources, formats, and delivery models that align with your modernization goals.
- Plan a staged migration: choose a phased approach that minimizes downtime and preserves current workflows.
- Ask vendors about governance: entitlement, usage controls, transparent billing, and auditability.
Frequently asked questions
- What is QX? The QX Digital Platform is QUODD’s cloud-native market data platform that provides API-first access to 250+ sources and multi-cloud delivery across front-, middle-, and back-office teams.
- What is Quasar? A unified technology stack powering data ingestion, processing, and delivery across QX Digital Platform and QX Marketplace.
- Is QX SOC 2 compliant? Yes, QUODD achieved SOC 2 compliance as part of the recognition.
- How does multi-cloud delivery work? Quasar supports multi-cloud, multi-region deployment, enabling seamless data access across clouds while maintaining governance.
External resources
- Cloud-native architecture overview (Google Cloud)
- Cloud-native definition (CNCF)
- SOC 2 compliance overview (AICPA)