The Challenge:  

Existing vendors don’t offer the flexibility or feature set required for specific workflows, nor do they allow for differentiation from competitors. Meanwhile, building solutions in-house can be both costly and inefficient.

Many critical development tasks, such as connectivity, resilience, and basic order handling, are complicated, error-prone, and add no value to the business. Furthermore, most vendors do not provide a robust set of APIs and interfaces necessary for a Buy AND Build model, where core architecture from a vendor is taken and then developed around that tech stack.

1. Vendor solutions are generally barely fit for purpose in financial services
2. Core technology adds no value; it just needs to work reliably and scale.
3. Developing from scratch is wasteful, expensive, and difficult to maintain.

The Solution:

Quod Financial Multi-Asset Architecture - Our solution was designed as a Buy AND Build solution, based on Microservices with a central open middleware layer.

Quod Financial offers an "out-of-the-box" architecture solution supporting order flow, messaging, trading, connectivity, and a range of functions supported by our OMS such as trade reporting, algos, SOR, and other features.

All this functionality exists within a fully accessible data architecture with open APIs that include Java, FIX, C++, Python, .NET, Kafka, REST, SOAP, and many more.

• With 14 years of experience and troubleshooting, we provide a robust, scalable architecture designed from scratch to meet the challenges of financial services.
• Our totally open API allows direct access to every message on the BUS, enabling additional services and applications to fully integrate with the system architecture.
• The underlying technology, built for scalability and performance, offers a robust and immediate solution to over 80% of core trading workflows, allowing in-house development to focus on niche products and the ‘special sauce’ that really generates P&L.

Quod Financial technology represents the cutting edge of performance for an FX Sell-Side institution looking to compete against advanced Tier 1 or Non-Bank market makers.

The Benefits:

The overall benefits of this solution include:

• Buy AND Build solution: 80% core tech out of the box, with the ability to customize around the core.
• Highly performant and scalable: eliminates the legacy tech issues faced when using old-school vendors.
• Don’t waste time rebuilding tech that doesn’t solve your business problems.