Quod Financial unlocks the path to a fully multi-asset and automated Middle Office with workflow efficiency and automation in its core.
London, 24 February 2021 – Quod Financial announces its multi-asset Middle Office product as the latest addition to its existing automated trading technology suite. Launched in 2020, the new product offers true multi-asset capabilities to book Equities, Derivatives, FX, Fixed Income, and Digital Assets in a consolidated platform – integrated with any EMS/OMS.
Designed with efficiency in mind, Quod’s Middle Office enables fully automated workflows for Straight-Through-Processing (STP), and simplifies complex manual workflows across all asset classes. The hosted platform can consolidate flows from a range of front office systems and execution venues to create a single multi-asset golden source for blocks and allocations, along with CTM integration and post-trade FIX allocations, commissions, and fees enrichment, as well as Back Office integration.
The development was driven in response to client demand for centralising multi-asset booking into a single automated tool.
Ling Lee, Equities Product Director at Quod Financial, said:“The Middle Office product was built to improve operational efficiency for our customers and has STP processing and automation at its core. Our vision is to provide a truly multi-asset offering which continues to help our customers meet the ever-increasing complex settlement and regulatory requirements.”
Medan Gabbay, Chief Revenue Officer at Quod Financial, said:“Reducing costs and improving automation is the key objective for all Quod products. Our vision of a standalone Middle Office tool that can be used by all desks at a low cost; while bringing the most advanced booking automation capabilities; has been a joy to bring to market. Its impact on our clients has been huge, and we see how unique this tool is in the market.”
About Quod Financial
Quod Financial is a global multi-asset OMS/EMS trading technology provider focused on automation and innovation – which specialises in software and services such as Algorithmic Trading, Smart Order Routing, and Internalisation of Liquidity. The company leverages the use of its data-driven architecture to continually fuel AI/ML enhanced trading automation for liquidity venues, exchanges, retail brokers, buy-side and sell-side institutions.
For more information visit: www.quodfinancial.com
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