Itiviti and Diginex team up to launch front-to-back crypto trading solution

The pair said the launch was in response to a wholesale shift from institutional investors to digital assets, driven by dwindling returns in traditional assets.

Trading technology provider Itiviti has partnered with blockchain and cryptocurrency infrastructure specialist Diginex to launch a front-to-back crypto trading solution.

Named Access, the front-to-back solution is powered by Itiviti’s Tbricks automation technology and offers portfolio and risk management for the trading of cryptocurrencies and crypto derivatives across platforms.

The solution will provide investors with an aggregated order book across exchanges, and the ability to ensure best execution across disparate liquidity pools.

“With the integration and launch of Access on Tbricks, trading across different crypto exchanges will now be open to institutional investors across the globe and expose them to Itiviti’s advanced automated trading technology,” said Rob Mackay, chief executive of Itiviti.

Itiviti and Diginex said the launch of the solution had come during a time when institutional investors were making a wholesale shift into digital assets, driven by dwindling returns in traditional assets and concerns relating to inflation.

“We see increasing demand for cryptocurrency exposure from institutional investors and believe this will be a dominant theme in 2021. With the launch of Access, investors can now manage their portfolios using institutional technology that is tailored specifically for cryptocurrencies,” said Richard Byworth, chief executive of Diginex.

This is the second partnership between the two entities in the last year, after they teamed up in April to provide Diginex’s institutional clients with access to the NYFIX platform for FIX-based order routing on a network of that connects trading venues and 1,600 buy- and sell-side firms.

The pair said in April that the partnership came as part of their bid to meet increasing demand from institutional investors looking to adopt digital assets in their portfolios.