Block Scholes to Supply Institutional-grade Crypto Trading Data to Sygnum Bank

  • Trading Systems
  • 19.01.2023 01:15 pm

We are pleased to announce another success for Block Scholes as we confirm that Sygnum, the world’s first digital asset bank, has joined our fast-growing portfolio of enterprise clients. Sygnum will be incorporating Block Scholes’ data into its pricing tools and risk systems.

We may be a young company but we are gaining momentum fast, with this contract win following on from our recent data agreement with D2X, the digital asset derivatives exchange soon to be regulated in the EU*.

Our comprehensive platform offers crypto analytics, data and research capabilities collectively to an institutional standard, professionalising the way crypto investors can access these important tools in order to drive institutional participation. We consider it a real testament to the strength of our offering that Sygnum has chosen us to supply such an important part of its data.

Dominic Lohberger, Head of Trading and SIS at Sygnum Bank, says “Block Scholes' market data service for derivatives enables us to perform real-time calculations of our client's portfolio margin requirements. As a leading regulated provider of OTC options on digital assets, Sygnum continues its commitment towards enhancing its state-of-the-art derivatives’ offering.”

Institutional investment interest in crypto markets has been steadily increasing, but the dearth of data – such as that available to professional investors in traditional finance markets - has been a significant barrier to growth. Existing solutions are primarily oriented towards retail investors, and lack features such as state-of-the art quantitative models, and live pricing and volatility engines for systematic trading.

By combining proprietary data, interactive analytics, enterprise services, financial products and independent research on one comprehensive and intuitive platform, it’s our goal to facilitate and accelerate institutional crypto investment in a way that has not been done effectively before.

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