Provider of financial markets data and infrastructure Refinitiv today announces that it has entered into an agreement with Quod Financial to provide a joint multi-asset trading solution for brokers, banks and market makers.

This new sell-side OMS solution powered by Quod Financial is available now in Asia, Europe and the US, powered by Refinitiv’s data feed solutions. It leverages Refinitiv’s connections to sell-side and buy-side community.

The solution will provide a complete Front to Middle product offering encompassing Data, FIX and execution networks. Its list of features include comprehensive pre-trade risk, order routing and order management, algorithmic trading, smart order routing, middle-office, trade reporting, and analytics. In addition, Refinitiv and Quod Financial are launching joint research and development to bring to market the future of data-driven trading technology and machine learning.

Rob Kirby, Director of Trading & Real Time Strategic Global Partnerships, Refinitiv, commented:

“Our strategic agreement with Quod Financial very much complements our existing trading strategy. Collaboration and partnerships with firms that enhance our trading capabilities is a key pillar of this strategy as we continue to expand our solutions across all segments of the trading workflow and asset classes.”

Medan Gabbay, Quod Financial, Chief Revenue Officer said:

“The trading technology market has seen consolidation and turmoil in the past 24 months. Sell-side firms are starved for the viable solution to address their current needs as well as position them for the future. This partnership is strategic for Quod Financial to offer an all-in data, network and OMS product to the market. More importantly, we are working together to provide the next iteration of data-driven trading technology and with it, the greatest leap of the past 30 years in e-trading”.