specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: QUODD
providerId: quodd
created: '2026-07-11'
modified: '2026-07-11'
reconciled: false
tags:
- Market Data
- Real-Time Data
- Financial Data
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of QUODD market data spend. QUODD does not publish public rates;
  cost is contractual and driven primarily by which datasets and asset classes
  are licensed (real-time vs delayed vs historical vs reference), the delivery
  method (Cloud APIs, Cloud Streaming, Cloud Files, gRPC), whether data is used
  internally or redistributed/displayed, and the exchange market-data licensing
  fees passed through from each venue. Those exchange fees are frequently the
  largest and most variable component of total market-data cost.
notes: >-
  Per-unit rates are not reconciled here. The dominant cost drivers are dataset
  entitlements and exchange licensing (display vs non-display, internal vs
  external distribution), not per-API-call fees. Confirm the fee schedule and
  exchange pass-throughs directly with QUODD.
sources:
- https://www.quodd.com/
- https://www.quodd.com/financial-data-apis
- https://www.quodd.com/advanced-api-delivery
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: QUODD
serviceCategory: Market Data and Financial Information
billingModel:
  pricingCategory: Committed-Use
  billingFrequency: Monthly
  billingCurrency: USD
  chargeCategories:
  - Usage
  - Purchase
focusColumns:
  ServiceName: QUODD Market Data
  ServiceCategory: Market Data and Financial Information
  ProviderName: QUODD
  PublisherName: QUODD
  InvoiceIssuerName: QUODD
  BillingCurrency: USD
  ChargeCategory: Usage
  PricingCategory: Committed-Use
meters:
- name: dataset_entitlements
  description: Licensed datasets and asset classes (real-time, delayed, historical, reference, fundamentals) under the agreement.
  unit: datasets
  aggregation: sum
  dimensions:
  - account
  - dataset
- name: exchange_licensing
  description: Exchange market-data licensing fees passed through per venue, varying by display/non-display and internal/external distribution.
  unit: subscriptions
  aggregation: sum
  dimensions:
  - account
  - exchange
- name: delivery_method
  description: Delivery channel consumed - Cloud APIs (REST), Cloud Streaming, Cloud Files, or gRPC.
  unit: channels
  aggregation: sum
  dimensions:
  - account
  - channel
principles:
- name: Visibility
  description: Track dataset entitlements and exchange licensing separately; exchange pass-through fees are often the largest and most variable line item.
- name: Allocation
  description: Map licensed datasets, exchanges, and delivery channels to the teams and products that consume them.
- name: Optimization
  description: License only the exchanges and asset classes actually needed; prefer delayed over real-time where acceptable; use batch snapshots and streaming to reduce redundant calls; scope historical pulls.
- name: Accountability
  description: Assign an owner for the market-data contract; review entitlements and exchange fees against usage on a recurring basis.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com