Diginex strengthens partnership with Itiviti and leverages Tbricks Automation Platform for institutional cryptocurrency clients

Diginex strengthens partnership with Itiviti and leverages Tbricks Automation Platform for institutional cryptocurrency clients
16.07.2020 05:55 pm

Diginex strengthens partnership with Itiviti and leverages Tbricks Automation Platform for institutional cryptocurrency clients

Platform Technology , Cryptocurrencies , Risk Management

Itiviti, a leading technology, and service provider to financial institutions worldwide, today announced Diginex, a digital asset financial services and advisory company, will implement Tbricks automated solution to provide risk, P&L and portfolio management to its institutional client base.  This partnership follows on from the existing relationship that sees Diginex utilize NYFIX, Itiviti’s global FIX-based order routing network to provide connectivity to its institutional investors who wish to have digital asset’s exposure in their portfolios.

Diginex will utilize Tbricks to launch ‘Diginex Access’, a multi-venue, front-to-back trading, portfolio, and risk management solution for digital assets including cryptocurrencies and their associated derivatives.  The combined solution will be powered by Tbricks automation technology and robust infrastructure to offer an institutional-grade experience to investors who seek to manage digital assets.

“As institutional demand in digital assets continues to rise, we view this strategic partnership with Diginex as an opportunity to drive a more unified digital assets solution for the capital markets,” said Bobby Rahman, Head of Strategic Partnerships. "Tbricks is already providing a cross-asset solution to a number of sell-side tier 1 banks and firms and we see this as a natural evolution of our capabilities for cryptocurrency trading."

“Itiviti’s Tbricks Automation platform has a proven track record of serving the largest banks and hedge funds with institutional-grade trading technology. Our platform will provide leading-edge Execution and Order Management System and Portfolio Management Solution capabilities for cryptocurrencies and digital assets to the standard that institutions have come to expect in traditional markets,” added Richard Byworth, CEO at Diginex. 

Tbricks is the automation solution within the wider Itiviti Platform which supports trading, connectivity, and automation workflows for all asset classes.  Leveraging 30+ years of expertise in Equities and Derivatives trading technology, Tbricks provides the optimal solution for execution automation enabling users to operate, scale, and adapt their business. The app-based, modular automation framework combines out-of-the-box capabilities with great flexibility for customization and a performance first architecture.

Related News

Colt Launches Internet Access On Demand in Singapore

Colt Technology Services has extended ‘on demand’ capability to its premium business internet... Read more »

The Bank of East Asia Starts Using the New Hosted and Managed Horizon Platform for Market-Making Warrants

Horizon Software, the world’s leading SaaS provider of electronic trading solutions and algorithmic technology, announced that The Bank of East Asia,... Read more »

EQ launches CheckSafe

EQ, an international technology-led services and payments specialist, is pleased to announce the launch of its new employee background checking platform,... Read more »

Mastercard rolls out new business intelligence platform for European banks

Mastercard today announced the launch of Market Trends, an interactive platform providing a comprehensive view of payments insights, competitive intelligence... Read more »

Mphasis Digital Risk leverages Mendix low-code platform to enable fast, effective digitalization for the financial services industry

Mendix, a Siemens business and the global leader in enterprise low-code, today announced that... Read more »

Twenty7Tec Group signs agreement with Primis

Twenty7Tec, a leading provider of technology solutions to the mortgage industry, today announces that it has entered into a five-year agreement to provide its... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel