After Xignite buy, ex-SunGard execs eye hedge funds, international markets for Quodd

Quodd’s recent acquisition of API data vendor Xignite will provide a springboard to launch the data vendor into new customer segments and markets.

The world of market data vendors is like a patchwork quilt: On one side, there may be only a few large patches of cloth taking up most of the space. But on the other, there may be hundreds of tiny swatches of fabric competing for space. For every Bloomberg or Refinitiv, there are dozens—if not more—of smaller vendors trying to stand out and break beyond their own niche.

One of these companies is Quodd, a New Jersey-based provider of data workstations and datafeeds. You may not have heard of

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