Institutional Cryptocurrency Connectivity Provider Market Synergy Opens VPS to Bitfinex
Market Synergy has introduced a cloud-based Virtual Private Server that allows investors, brokers and hedge funds to connect to the Bitfinex cryptocurrency exchange.
Clients will have access to different configurations of this solution depending on their needs. For instance, a large institution can request for bigger allocations of CPU power, higher RAM and more storage space. Similarly, smaller enterprises can request for sizeable allocations to suit their preferences.
Before this development, Market Synergy already had a working relationship with the Bitfinex digital asset trading platform. Earlier this year, the two companies launched an enterprise-grade connectivity solution that allows brokers and financial institutions to access Bitfinex’s digital asset gateway using either an ISP link or a FIX feed.
James Banister, the CEO of Market Synergy, said that the success of their first partnership with Bitfinex led to the launch of the Virtual Private Server. He added that the two firms aim to add more services to their portfolio that caters for all clients in the crypto space, regardless of their needs. James reiterated that Market Synergy intends to provide a fast, safe and reliable connection to the Bitfinex exchange.
Market Synergy is a subsidiary of the FXecosystem Group, a company that provides connectivity solutions to businesses operating in the financial services sector. Its clients include players in the bond markets as well as the forex sector. Moreover, FXecosystem has a single point of entry that enables users to simultaneously access multiple foreign exchange platforms around the world.
Paolo Ardoino, the CTO of Bitfinex, said that the exchange has to develop connectivity solutions that match the needs of their clientele. Otherwise, Bitfinex would not have fulfilled their promise to their customers. Paolo, however, is confident that its continuous collaboration with Market Synergy will ensure that the company delivers on their promise.