About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Integral Launches Trading, Custody and White Label Crypto Technology Solution

Subscribe to our newsletter

Integral, the FX technology provider, has launched Integral Digital, a full extension of its trading and client distribution platform to support cryptocurrencies and fiat-backed stablecoins.

The new platform, Integral Digital, was developed in conjunction with Mint Exchange, and supports Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Stellar, CoDEX and 100+ ERC-20 tokens. Services include aggregation and connectivity to over 30 crypto liquidity providers, desktop and mobile client trading, risk management, and hot and cold wallet custody solutions.

“First and foremost, Integral does what our customers want,” Integral’s CEO Harpal Sandhu tells TradingTech Insight. “Our customers are major banks, brokers, asset managers, and cross-border payments companies around the world, and we’ve been getting requests from them for years to help them offer digital assets to their end customers, who want to use trusted financial institutions for trading, for custody, for leverage and for settlement.

“In terms of asset classes, crypto is most like FX,” continues Sandhu. “And as the largest FX OTC platform provider on the planet, we concluded that we should extend the Integral platform out to crypto. We started building out the infrastructure almost three years ago and we went live behind the scenes with our first few customers in 2022.”

Integral Digital offers a fully integrated Prime Brokerage solution providing direct market access to multiple exchanges and market makers via a single account, maximising netting across multiple venues and significantly reducing collateral requirements.

“The FTX affair has shown why the old ways of doing things – whether it was FX in the 90s, FCMs in the 2000s or crypto today – is broken. If you custody your assets with the same firm you get your leverage and liquidity from, it’s ripe for conflict of interest and abuse. That’s why our platform is separating liquidity, custody, margin lending, and trading. All separate and all transparent.”

Integral Digital is offered on a monthly subscription basis and can readily integrate with in-house and third-party providers via FIX and Rest APIs.

“By offering both FX & crypto side by side, every aspect of functionality that traditional participants have grown accustomed to in FX markets, they can now also have in crypto markets. The platform uses the same technology infrastructure as our FX offering. Integral Digital operates in the same data centres around the world, and it provides the same levels of transparency, efficiency, and reliability as FX markets,” concludes Sandhu.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: New trends and technologies influencing post-trade digitalisation

While digital transformation of front-office functions at financial institutions is well underway, the back office is lagging, calling on firms to reassess and innovate post-trade processes. The need for change is highlighted by specific issues, including the move towards T+1 settlement and increasing regulatory scrutiny of post-trade processes, as well as broader challenges of legacy...

BLOG

Adaptive Partners with Google Cloud to Reinforce Cloud Capabilities for Clients

Adaptive Financial Consulting (Adaptive), the technology solutions provider that builds and operates bespoke trading systems for its clients, has entered into a partnership with Google Cloud. The partnership will enable Adaptive to further leverage Google Cloud’s processing power and analytical capabilities, and will also bolster resilience for services built on Google Cloud. The partnership follows...

EVENT

ESG Data & Tech Briefing APAC

Join us in one of the greenest cities in the world as we bring together thought leading ESG specialists to explore how financial institutions are adapting to the evolving ESG regulatory and market infrastructure.

GUIDE

Corporate Actions

Corporate actions has been a popular topic of discussion over the last few months, with the DTCC’s plans for XBRL and ISO interoperability, as well as the launch of Swift’s new self-testing service for corporate actions messaging, STaQS, among others. However, it has not been a good start to the year for many of the...