Digital Asset Financial Services Firm Diginex to Use Tbricks to Launch Portfolio Management Solution for Cryptocurrencies

Itiviti, an established technology and service provider to financial institutions across the globe, announced on July 16, 2020 that Diginex, a digital asset financial services and advisory firm, will be using the Tbricks automated solution to offer risk, P&L and portfolio management solutions to its institutional customers.

Diginex uses Itiviti’s global FIX-based order routing network, called utilize NYFIX, to offer connectivity to its institutional clients who are interested in gaining exposure to digital or crypto-assets.

Diginex confirmed in a release that it will be using Tbricks to launch “Diginex Access,” which is described as a “multi-venue, front-to-back trading, portfolio, and risk management solution” developed specifically for digital assets – which may include cryptocurrencies like Bitcoin (BTC) and their derivatives.

The solution will be run using the Tbricks automation technology and related infrastructure to provide an institutional-grade experience to investors who are looking for reliable solutions to manage their crypto-asset holdings.

Bobby Rahman, Head of Strategic Partnerships at Tbricks, stated:

“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.”

Tbricks is currently offering a cross-asset solution to several sell-side tier 1 banking institutions and companies. Tbricks says that this recent development is a “natural evolution” of its services and capabilities for digital currency trading.

Richard Byworth, CEO at Diginex, remarked:

“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.” 

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