Omniex Announces a New Partnership with Gemini in a Bid to Net in NY5 Data Center
If you have been traversing the Crypto space, then you must have heard of Omniex. If not, here is a quick recap. It is essentially a tech giant that works to develop a suite of services and technology that are aimed at making it extremely easy for financial institutions to dabble in cryptocurrencies. And in pursuit of this lofty objective, they have announced a brand-new partnership with Gemini exchange. The newly-found love between these two key players has presented an avenue to cross-connect the low latency of Equinix's NY5 data center.
Market Infrastructure
Look around; there is no denying that as much public interest in virtual assets has spiked in the past six months, the industry still suffers from the lack of equal infrastructure that is often available to other investors of other asset classes. In other words, this implies that this new upcoming deal is tailored towards handling extremely unique market challenges such as high-performance trading and fast connectivity for financial establishments that are looking for exposure to mainstream crypto assets.
An End-to-End Portfolio Solution
The new Omniex Platform presents a unique end-to-end avenue or solution for risk and portfolio management. And in addition to this, there's the usual compliance and trade execution that comes as a standard for joining the platform backed up by smart order technical routing services. According to the group's CEO, the firm which has offices in California and San Francisco has been quoted as the best platform designed to cater to the nuances of both established and novel assets.
Direct Market Access
Beyond its usual order management systems and impressive portfolio, Omniex array of solutions is also involved in empowering connectivity and direct market access that is aimed towards liquidity venues for those looking to invest in new crypto-assets. This also includes OTC desks and multiple exchanges.
Speaking of which, it is to be remembered that Omniex had made headlines sometimes earlier this year after the company hired former US SEC chairman one Mr. Arthur Levitt to their board of directors. Also, they enlisted the services of the former FDIC (Federal Deposit Insurance Corp ) chairperson Sheila Bair to the same board. But this is not entirely new. It is an open observation that more and more former financial services and executive regulators have been joining the virtual currency and cryptocurrency ranks as the blockchain train continue to gather steam around the world.
