Financial technology provider Itiviti partners with Gemini to offer its NYFIX connectivity service to Gemini users
The financial technology and service provider Itiviti has partnered with Gemini, founded by Winklevoss Twins, to offer its NYFIX order routing network services to Gemini users.
Itiviti made the announcement in a release release published on Thursday March 19. According to the announcement, the integration of Gemini to the Itiviti NYFIX network would allow the Gemini cryptocurrency holder to trade with traditional institutional firms using the Itiviti NYFIX network, Itiviti's world-class FIX based on the order routing network.
According to the company, NYFIX is a vendor-independent FIX order routing network that connects buying, selling, and trading centers across all asset classes. Currently, the network consists of several companies from around the world connected to each other.
According to details, through the partnership, Gemini will join more than 60 global Itiviti partners who use the NYFIX platform to offer integrated trading solutions and ensure that the entire network asset manager takes advantage of the trading and settlement ecosystem of Gemini digital assets. NYFIX customers will now also get the same services in cryptocurrencies.
The partnership also brings Gemini's expertise as a digital asset security encryption trading service provider to the network where users can exchange their encryption assets directly from custody without waiting for assets to be transferred from cold storage.
Itiviti is a provider of financial technology services that enables financial institutions around the world to transform their operations. The company offers the most innovative, consistent, and reliable commerce and connectivity solutions available to its customers. Itiviti currently serves around 2,000 major financial clients in more than 50 countries.
Jason Landauer, head of network sales at Itiviti, about the association, commented:
“Having Gemini connected is an exciting step for Itiviti. As the cryptocurrency space continues to grow, we hope to provide connectivity for exchanges like Gemini and its counterparts. ”
Gemini or Gemini Trust Company, founded in 2014, offers custody service to its users through a dedicated branch called Gemini Custody. The qualified custodian supports 18 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), Zcash, as well as 13 ERC-20 tokens.
In addition to custody, the company also allows to buy, sell, and trade cryptocurrencies. More recently, as reported, Gemini also partnered with TA's trading tool provider TradingView to ensure the smooth delivery of services to its users.
Drew Candres, head of technical exchange services at Gemini, commented:
“We are excited to extend access to our platform to the NYFIX community, which consists of an extensive network of asset management companies worldwide. We are focused on creating technology and services that help financial companies to interact with cryptocurrencies in a similar way to traditional asset class exchanges. Integration with NYFIX helps our mutual customers seamlessly access the Gemini platform in a safe and familiar way. "
