Diginex, a digital asset financial services and advisory company, and FIS, a global leader in financial services technology, today launched Diginex Access, a trading tool designed to help investors manage their digital asset portfolios.
Despite the myriad of infrastructure advancements made over the past few years, trading digital assets across multiple venues has remained cumbersome. Managing multiple trading accounts is a struggle, reporting is complex to consolidate, and information is rarely available in real time. FIS and Diginex have sought to change this for investors with the launch of Diginex Access.
Diginex Access is a digital asset trading tool built on top of FIS’ Front Arena platform, following an exclusive 10-year agreement signed by Diginex and FIS.
FIS’ Front Arena platform is an integrated solution for sales, trading, risk management, operations and distribution across multiple asset classes. Diginex Access offers real-time pricing and aggregated risk-management as well as straight-through processing to give investors complete control over the entire trading lifecycle.
The Diginex Access trading tool also allows users to aggregate orderbooks across multiple exchanges and execute via a single platform for spot and options. It offers access to data analytics tools such as trade cost analysis, historical volatility, skew and options pricing tools. Diginex Access also has audit and reporting functionality, and real-time risk and P&L monitoring that is specifically tailored for digital assets.
“We believe that in order to truly move this industry forward, it is vital to create tools that will allow for the institutional adoption of digital assets. As a stalwart in traditional financial technology, we are delighted to partner with FIS. Our solution will improve efficiency for existing digital asset investors as well as open the door for the many who have yet to engage in the asset class,” says Mr. Richard Byworth, CEO of Diginex.
Diginex Access is available to existing users of Front Arena and as a standalone tool. It has no monthly or upfront fees and offers dedicated technology support to institutional clients.
“We have seen increased interest from clients looking to invest in this new asset class. Partnering with an innovative company like Diginex enables us to offer technology that will help investors manage their digital asset portfolios with the same rigour as they do their traditional assets,” added Mr. Andrew Bateman, SVP Group Executive, Buy Solutions, FIS.
Diginex is a digital asset financial services and advisory company. We partner with institutional investors, corporations, and governments to make digital assets more accessible, business processes more efficient, and societies more secure.
About FIS Front Arena
FIS’ Front Arena is a high-powered, innovative technology platform for cross-asset trading, risk and portfolio lifecycle management. Front Arena provides trading and order management, portfolio and risk management, real-time P&L, pre- and post-trade compliance, margin and collateral management, and risk management and reporting. It offers trading with greater flexibility and real-time speed, with full cross asset class capabilities including equities, rates, credit, FX, commodities and convertible bonds. Visit our website for further information here.