Linedata Expands Digital Assets Capabilities Through New Partnership

line dataa global provider of wealth management and credit technology, data and services, has announced that it will provide global buy-side asset managers with institutional-level access to order execution for cryptocurrencies and digital assets.

This is made possible by a new collaboration with. liquid mercuryDigital asset and cryptocurrency trading technology provider via Liquid Mercury’s order execution management system.

A recent report commissioned by Linedata highlighted a clear shift in traditional asset managers seeking increased exposure to digital assets, following the lead of private equity, VC and alternative managers. 83% agreed or strongly agreed that offering cryptocurrencies is a competitive advantage, and 68% agreed or strongly agreed with the need to accept cryptocurrencies in order to maintain them.

The main challenge, however, is the inexperience of traditional managers in cryptocurrency operations, which Linedata and Liquid Mercury’s collaboration directly addresses. reported that PwC 64% of Alternative Investment Management Association (AIMA) respondents say they lack knowledge about digital assets.

The partnership will give Linedata customers trusted access to market intelligence and 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 and up to 20,000 asset pairs in the crypto markets, a wide range of globally traded assets including spot, futures and options, institutional-style workflows and automation, Includes integration with custody partners. Number of Linedata customers.

Both the Liquid Mercury and Linedata teams have deep experience in traditional capital markets, which has been the driving force behind working together to provide institutional access to crypto markets, he said. Tony Saliba CEO of Liquid Mercury. This partnership gives Linedata clients access to an entirely new asset class with the institutional trading capabilities they demand.

We are thrilled to be collaborating with Liquid Mercury, he said. Timothy Raymond, Global Head of Technology and Innovation, Linedata. Liquid Mercury has a proven track record of building solutions specifically for institutional investors. Our clients have benefited extensively from partnerships leveraging customized order management and trading workflow capabilities in the crypto space. This is part of our ongoing effort to expand the functional scope of our solutions through strategic partnerships and continue to deliver new value to our customers.