Linedata, a global provider of asset management and credit technology, data, and services, has partnered with Liquid Mercury to providing global buy side asset managers with institutional grade access to crypto and digital asset order execution.
Linedata is leveraging Liquid Mercury's order execution management system.
A recent report commissioned by Linedata highlighted a clear shift in traditional asset managers seeking more exposure to digital assets, following the lead of private equity, VC and alternative managers. Eighty three per cent agreed or strongly agreed that offering crypto assets is a competitive advantage and 68% agreed or strongly agreed on the need to embrace crypto to keep up.
However, the main challenge is a lack of experience in crypto operations among traditional managers, which the Linedata – Liquid Mercury collaboration will directly address. According to a report by PwC and the Alternative Investment Management Association (AIMA) 64% of respondents said that they lack knowledge of digital assets.
The collaboration will equip Linedata’s clients with market intelligence and trusted access to crypto liquidity via Linedata’s Longview OMS software, opening up a wide range of new investment and trading opportunities for the first time. This includes unbiased access to dozens of high-quality liquidity pools in crypto markets and up to 20,000 asset pairs, a wide range of assets that trade globally including spot, futures, and options, institutional style workflows and automation, and integration with the custody partners of Linedata’s customers.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More