Itiviti announced yet another industry partnership this Monday, with the financial technology and service provider teaming up with Diginex to meet the growing demand of institutional investors wanting to include digital assets in their portfolios.
Under the agreement announced today, the client base of Diginex will be able to benefit from Itiviti’s global NYFIX connectivity platform.
NYFIX provides a connection between buy-side, sell-side, and trading venues across the industry’s order routing network, which is delivered as a managed service. Further, Itiviti’s product is a broker independent and vendor agnostic FIX community.
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Commenting on the partnership, Richard Byworth, CEO at Diginex said in the statement: “NYFIX was the natural first choice for us as connectivity partner. Diginex’s mission is to provide improved access and regulated infrastructure to institutions and sophisticated investors looking to participate in this new emerging asset class. NYFIX enables this with connectivity to a broad cross-section of institutional asset managers and allocators of capital.”
Diginex is a digital asset financial services and advisory company. The company partners with institutional investors, corporations and governments to make digital assets more accessible, business processes more efficient and secure.
Itiviti continues to expand NYFIX network
Itiviti has been expanding the number of digital assets that are are using the NYFIX order routing network. As Finance Magnates reported last month, the company formed a partnership with Gemini Trust Company, the cryptocurrency exchange and custodian founded by the Winklevoss twins. This collaboration granted Gemini’s cryptocurrency holders access to trade with traditional institutional firms who are using the Itiviti’s NYFIX Network.
“Diginex is leading the charge on the institutionalization of digital assets, so they make an ideal partner”, added Rob Mackay, CEO, Itiviti in the statement. “NYFIX is quickly becoming the de-facto network to provide access to digital asset venues and we are delighted to welcome Diginex onboard.”