Originally published May 05, 2025 - TabbFORUM.com
The operational infrastructure underpinning market data must evolve, as legacy systems have hindered innovation in the middle and back offices. But through automation, things are changing, writes Justin Van Til, Sr. VP, Product & Strategy at QUODD. Back-office modernization is no longer an operational project—it’s a strategic mandate. Institutions that modernize their workflows with intelligent automation not only reduce cost, but also bring faster innovation and improved service delivery.
As market conditions grow more complex and financial institutions prioritize responsiveness, the operational infrastructure underpinning market data must evolve. For years, static data delivery and legacy processes slowed innovation across middle- and back-office teams. But a shift is now underway—one that replaces manual workflows with automation, and rigid formats with intelligent adaptability.
Leading firms are embracing a new class of market data platforms that marry real-time access with programmable infrastructure. These systems enable automation not only of delivery and formatting, but also of validation, exception handling, and even rules-based enrichment. The result? A new operational model that reduces friction, improves transparency, and positions the back office as a source of agility—not constraint.