Itiviti, a technology and service provider to financial institutions worldwide, announced on Thursday it has formed a partnership with Seed CX, an institutional exchange and settlement platform for digital assets to allow traditional institutional firms currently utilizing Itiviti’s NYFIX network to have access Seed CX’s digital asset exchange and settlement ecosystem.
According to Itiviti, Seed CX joins Itiviti’s Global Alliance Program (GAP), which is described as an umbrella under which the company manages all partner relationships globally, enabling clients to leverage a highly integrated network of technology providers.
“This strategic partnership will provide NYFIX customers, who already rely on advanced analytics, monitoring and post-trade processing through the NYFIX portal, with the same tools in the digital asset space.”
While sharing more details about the collaboration, Adam Leaman, VP of Client Services at Seed CX, stated:
“Now that the NYFIX network is connected to our digital asset exchange, Itiviti’s client base, which includes over 800 institutional firms, can easily access Seed’s crypto market. Itiviti’s NYFIX suite of services is well known for stability and a strong support team, which is why their client base is a natural fit for our exchange.”
Jason Landauer, Head of Network Sales at Itiviti, went on to add:
“We’re very excited about our latest partnership with Seed CX. Growth in the crypto space shows no sign of slowing, and we are thrilled to be the connectivity partner for Seed CX and their clients.”