Tibco Software has supplied Rendezvous to drive Quod Financial’s trading and market data service. Quod Financial is designed to respond to important shifts in the capital market, namely, the globalization of the capital market and its players, the fragmentation of liquidity, and the demand for ever more value-added cross-asset and liquid investment products.

Quod Financial provides a powerful, flexible and client-centric solution efficiently addressing complex multi-listed cross-asset execution and routing, order management, algorithmic trading, pre-trade risk management, reporting and compliance services.

Ali Pichvai, managing director of Quod Financial said: With the current seismic changes, electronic trading is entering a new age. Where trading intelligence used to be outsourced to a centralized liquidity pool, there is dire necessity to bring it back to the trading system. In order to achieve the best investment and execution strategies, the new services and systems need to be liquidity-seeking and adaptive to the dynamic trading conditions, while offering high performance pre-trade risk, cross-asset execution and analytics. Our philosophy is to use the best of breed technology.