Case Study: Quodd Financial achieves cloud-driven growth and profitability with Converge Technology Solutions and AWS

QUODD Leverages Cloud to Drive Growth & Profitability

Quodd Financial, a global financial market data provider, faced challenges with its costly on-premise IT infrastructure, which was not suited for its growth and acquisition initiatives. The company's need for a high-quality, low-latency network with multicast support limited its options. Converge Technology Solutions identified that a traditional solution was not aligned with these goals and recommended Amazon Web Services (AWS) as the cloud provider of choice.

Converge Technology Solutions created a migration plan for Quodd that included a proof of concept for AWS Transient Gateway to meet multicast requirements and an education program for their team. The solution eliminated capital expenditures for hardware refreshes and improved security and operational resilience. As a result, Quodd now provides enhanced services to its customers and has a flexible platform that supports organic growth.

Quodd Financial