QUODD Partnered with SoFi to Enable Expansion into Alternative Investments
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From adding more fund families to sourcing interval fund-specific datapoints, QUODD continues to meet unique financial market data demands to ensure client success.
JERSEY CITY--(DATE)--QUODD, a comprehensive market data on-demand provider for the global financial services industry and a NewSpring Holdings platform company, today announced an expanded dataset offering for interval funds to support SoFi’s continued growth into the alternative investment space.
“With almost a decade of collaboration, it’s been an honor to grow alongside, and continue to fuel their FinTech success,” said Scott Argyres, Head of Product at QUODD. “This longstanding relationship showcases QUODD’s continuous work to ensure that clients like SoFi have seamless ways to ingest the datasets they need to build new products and features for their customers.”
From real-time pricing to historical charting and beyond, QUODD has worked closely with SoFi to adapt and enhance its platform capabilities — often collaborating on custom integrations that align with SoFi’s product roadmap.
“We’re always ready to explore new datasets and capabilities within the QUODD ecosystem,” added Argyres. “Especially when it contributes directly to the innovation and business momentum of a valued partner like SoFi.”
Most recently, QUODD collaborated with SoFi to expand coverage of interval funds, a unique fund structure used to hold less liquid investments such as alternatives. Along with the normal datapoints QUODD distributes for mutual funds and ETFs, new interval fund-specific data points like redemption windows were added to empower SoFi’s customers with the accurate and timely data they need to make informed investment decisions.
"We're excited to deepen our partnership with QUODD as we continue expanding into alternative investments. Their enhanced data capabilities, especially for interval funds, help us deliver innovative investment solutions,” said Igor Istratov, Head of Alternative Investments and Funds at SoFi. “This is exactly the kind of strategic partnership that fuels our growth and enhances our member experience."
As demand rises for differentiated data to power next-gen financial platforms, QUODD remains committed to delivering configurable, client-driven solutions that evolve with the needs of its partners.
About QUODD
QUODD delivers reliable and comprehensive market data on demand to the global financial services industry. QUODD provides banks, broker-dealers, insurance companies and fintechs the ability to stream, embed, look up or download pricing data for global equities, fixed income, indices, options, futures and end-of-day pricing for global mutual funds. For more information about QUODD and its data solutions, visit www.quodd.com.
About SoFi
SoFi Technologies (NASDAQ: SOFI) is a one-stop shop for digital financial services on a mission to help people achieve financial independence to realize their ambitions. Over 10.9 million members trust SoFi to borrow, save, spend, invest, and protect their money – all in one app – and get access to financial planners, exclusive experiences, and a thriving community. Fintechs, financial institutions, and brands use SoFi’s technology platform Galileo to build and manage innovative financial solutions across 158.4 million global accounts. For more information, visit www.sofi.com or download our iOS and Android apps.
About NewSpring Holdings
NewSpring Holdings, NewSpring's majority investment strategy focused on sector-specific platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $3.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com.
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