Traditionally, trading platforms stay very static once deployed. With Finsemble, Archax will be able to seamlessly deliver innovations to their user base.
Archax, the London-based cryptocurrency and regulated digital asset ecosystem, has extended its partnership with Cosaic to include its smart desktop platform, Finsemble.
The firm has been using Cosaic’s ChartIQ to power its financial charts since 2020, but Finsemble will allow Archax to quickly and easily deploy its exchange trading platform across MacOS and Windows.
Finsemble allows any type of application to sync and share data, improving efficiency and fostering intelligent, automated workflows.
The Archax use case showcases how a platform or application provider might use Finsemble to build a fully developed platform that includes interoperating components of their choosing. It can be fully customizable and is the industry standard for native application support.
Traditionally, trading platforms stay very static once deployed. With Finsemble, Archax will be able to seamlessly deliver innovations to their user base.
Andrew Flatt, Co-founder and CTO at Archax, said: “We have trusted Cosaic technology for years and have been continuously impressed by their solutions and support.
“After a thorough review of interoperability platforms, Finsemble came out head and shoulders above the others. Time to market and their unparalleled support of both Windows and MacOS were also key. As a trusted technology partner with a commitment to the interoperability space, they were the logical choice for our exchange trading platform.”
“Operating in highly regulated and fluid markets, the success of Archax rests upon our ability to adapt quickly. Finsemble gives us that agility and will be a big part of creating the end-user experience we are looking for.”
Dan Schleifer, Chief Executive Officer at Cosaic, commented: “I anticipate we’re going to see impressive results with this project. The Archax exchange is unique in the market, allowing clients to invest in digital asset classes that were previously illiquid or hard to trade. Their clients are sophisticated with high expectations and the onboarding and user experience must be top notch. Finsemble fits the bill.”
Archax offers a credible bridge between the blockchain world and the existing investment space. Solutions are built using existing, proven, resilient, scalable, high-performance infrastructure, hosted in top-tier datacentre space, and integrated into the existing institutional trading workflow.
Cosaic is a workflow solutions provider known for a few high-quality solutions for the capital markets, including charting software ChartIQ and no-code smart desktop platform Finsemble.
The firm caters to leading names across the industry, including Yahoo Finance, E*TRADE, Charles River, and ION’s Fidessa.
Founded in 2012 as ChartIQ, Cosaic is a fast-growing firm based in Charlottesville, VA with offices in New York, London, and Hong Kong.
