QuoteMedia is one of the world’s most highly recognized and trusted providers of market data and critical financial resources. Recently announced entries into new agreements and alliances may be instrumental in accelerating the growth and development of the company’s business model.
The past few months have proven beneficial for QuoteMedia, beginning with its announcement of a partnership with Gannett Co., Inc.’s Captivate Network, a veritable force in digital news and entertainment programming and advertising. The company, through the provision of its reliable, up-to-the-minute market data, will gain exposure to Captivate Network’s audience of nearly three million business professionals. The placement has also increased the services and credibility of Captivate Network, proving to be a mutually advantageous arrangement.
Another recently forged alliance with Penson Worldwide, Inc. has boosted QuoteMedia’s presence in the financial services industry significantly. Penson’s business includes execution, clearing, settlement, custody, and technology services provided to almost three hundred financial services firms. In addition to utilizing QuoteMedia’s raw data feeds, Penson will be actively offering Quotestream™ Professional and Quotestream™ Wireless products to its clients.
Penson president Daniel P. Son stated: “By incorporating QuoteMedia’s market solutions into our new and existing offerings, we are able to go an extra step in creating a more robust and dynamic offering for our clients.”
According to Quotemedia executives, these recent developments represent the largest deployment of its financial information services in the history of the company.
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