Caplin Systems has launched a new hosted, end-to-end white-label digital asset solution, targeted at reducing sell-side reliance on fragmented manual processes.
The new offering is specifically designed for OTC desks, brokers, traditional finance firms and crypto market makers, and provides a native trading environment combining FX and digital assets in a single interface.
Moreover, the fully hosted solution will reduce development timelines by up to 80%, to allow desks to go live in 12 weeks without the burden of technical debt, volume-based fees or the overhead of bespoke infrastructure.
“The digital asset market has moved so fast that client distribution technology has struggled to keep pace, leaving OTC desks and brokers under immense pressure to scale capacity without adding headcount,” said Steven Singh, head of product at Caplin.
“By extending our 26 years of institutional FX heritage into an end-to-end hosted solution, we give firms the complete infrastructure they need out of the box. Institutions no longer have to choose between multi-year internal software projects or rigid third-party platforms that lock them into specific liquidity pools.”
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Through the offering, Caplin aims to align with the increasing uptick in digital asset adoption across the industry and provides the sell-side with capabilities including: execution automation, access to trade-level audit trail and data lineage and a distribution layer for deploying portals and capturing market share.
The solution will also be available on the Caplin Platform, providing clients with secure authentication, centralised entitlement and zero-downtime performance for 24/7 markets.