The connectivity upgrade to include some of the world’s leaders within the cryptocurrency space is a critical move to keep up with the times as what was once called a fad continues to attract interest from investors and consumers.
ATEO has announced it now offers connectivity to several crypto exchanges, yield and custodian platforms in order to address the ever increasing demand for access to digital asset markets.
The provider of post trade solutions for financial markets promises to keep expanding its connectivity to the crypto world as institutions now consider adding the emerging asset class to their investment portfolios as strategic instruments.
ATEO expands roster of exchanges, custodians, and yield platforms
The connectivity upgrade to include some of the world’s leaders within the cryptocurrency space is a critical move to keep up with the times as what was once called a fad continues to attract interest from investors and consumers.
Crypto exchanges, yield and custodian platforms are the backbone of the crypto economy as users keep trading digital assets and look to earn from their holdings, while depending on secure custodians that ensure their assets are safe.
Having previously connected the FTX and Binance crypto exchanges, ATEO keeps expanding its set of gateways connecting users to the cryptocurrencies ecosystem and has added Coinbase & Coinbase Pro, Kraken and Liquid to its roster of venues.
As to yield decentralized platforms, ATEO has extended coverage to that segment by adding AAVE and COMPOUND, among others, while providing connectivity to leading custodian platform Fireblocks.
ATEO’s set of new digital gateways provides a unique standardized API to capture all events as it encapsulates all the Crypto exchanges, Yield platforms and Custody API protocols, complexities, constraints, and delivers a standardized trade feed output, as well as static referential data and necessary client mappings.
The firm explained clients can now feed all their downstream systems (Risk, Back-Office, Middle-Office, proprietary…) with a unique data feed and focus on their core business and added-value functions, while leveraging Ateo’s expertise across the crypto currency space.
The company plans to expand its ATEO digital gateways further and to develop a new set of products to address all new opportunities offered by the crypto currency’s world.
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Sucden Financial deployed ATEO’s clearing engine
ATEO delivers post-Trade solutions for the financial industry, including a blotter, clearing and matching system, and extensive market connectivity. The firm serves some of the top banks, trading houses, and professional traders for more than 20 years.
The firm has recently been chosen by multi-asset execution and clearing provider Sucden Financial for its LISA Clearing Engine to run its middle-office platform.
The engine provides off-the-shelf connectivity to all major clearinghouses as well as the ETD eco-system. This includes execution platforms, major clearers, and third party clearing and confirmation systems.
