Market data distribution: How and when you need it

Modern data distribution should be flexible, not fragile. Yet many institutions still feel stuck with legacy integrations and inflexible delivery models. Changes take long, and there is not enough flexibility. Market data infrastructure is often tightly intertwined with one data vendor. And changing your infrastructure is often a no-go.

At BIQH, we’ve built a data distribution layer based on GraphQL technology that puts the user in control. In our previous blog article, you can read how we take the market data feeds in. This article is about the data distribution. We explore how, with real examples from our platform, you can tailor formats, timing, and selection logic to your needs. With standard and specific output formats. No IT backlog, no waiting. Just fast, secure, self-service control over your required market data..

More freedom through our BIQH Data Distribution Layer

Imagine this: you want to receive data in a different format, for example because your current downstream system only accepts specific formats, but your IT team is overloaded. Every change takes weeks. With our distribution layer, that’s a thing of the past. You decide, without technical knowledge, how and when your requested data is delivered. No queues, no IT tickets. Just click, configure, and go.

With our data distribution layer, you can easily set up a data distribution schedule. Link applications to the right datasets, choose the desired format, and schedule delivery when it suits you. All of this is fully aligned with your internal processes, without writing a single line of code.

Think of a client portal that receives a CSV file every morning at 07:00, while a dashboard receives JSON updates every five minutes. All managed from a single central setup.

Figure 1: Example of formatting choice

What you can configure yourself:

• Adjust file structures
• Choose formats (e.g., JSON, CSV, XML, JSONLINES, TXT, custom)
• Tailor output per downstream application
• Schedule and route data flows

Standard & specific output formats: exactly what you need

Sometimes the complexity lies in something small. A column name. The order of data fields. An unexpected delimiter. What used to be a blocker is now a configurable option.

Whether you work with standard formats or need something fully customized, BIQH ensures your downstream applications receive exactly what they expect. You configure what you want to receive, how, and when — all without involving your IT department.

Figure 2: Example of formatting rules

Examples of flexibility:

• Rename data fields
• Change the order of data fields
• Apply formatting rules (e.g., date as YYYY or rather as YYYYMMDD)
• Choose your own delimiter (e.g., pipe “|”)

Figure 3: Example of renaming data fields (formatting rules)

Timing that fits your data distribution processes

Great — step one is done. You’re receiving data in the format you want. Just a few clicks. Click, click, done. Now what?

Now we make sure you receive the data when you want it. Want data the moment it is updated? Set a trigger. Want fresh data every Monday at 07:00? Also possible. Configure everything precisely the way you want it, again without needing your IT department. And on market holidays, of course, you don’t want to place expensive data requests at data vendors when you’re not using this data at all.

Figure 4: Example of time triggers

That’s why the BIQH Market Data Platform delivers your market data exactly when you want it. Not earlier, not later. You are in full control of how and when it is delivered.

Delivery options:

• Fixed schedules (e.g., 07:00 every business day)
• Triggers based on new data
• Integration with market holidays

Figure 5: Example of data triggers

Select only what’s relevant

Unnecessary data increases storage costs, slows down processes, and creates confusion. That’s why our platform automatically filters what’s needed and what’s not. Want to receive only deltas, or a full dump of everything? It’s up to you. You also decide which publishers to use and which endpoints to activate — all easily configurable.

More about endpoints and their meaning can be found at this link.

Conclusion

Managing market data distribution does not need to be complex or restrictive. With BIQH, you gain the flexibility, control, and simplicity to receive exactly the data you need, when and how it suits your operations. No technical bottlenecks, no unnecessary overhead — just smart, streamlined delivery tailored to your business.

Want to know more? Get in touch or download our factsheet.