Quodd Buy Creates ‘Full-Function’ Data Business for Acquisitive Financeware

The combination of Financeware's VMS division with Quodd's real-time data will provide a platform for the vendor to build a bigger data business.

M&A

Wealth management technology provider Financeware is merging its VMS fund data vendor subsidiary with recent acquisition Quodd Financial Information Services, a Jersey City, NJ-based provider of data terminals and datafeeds, to offer a “fully functioning” data vendor solution to its core wealth management customers and expand its client base to other front-office roles.

The combined business, which will be merged under the Quodd brand, will include Quodd’s real-time international data offerings

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