The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Quantave Debuts Blockchain Liquidity Infrastructure

Trade life-cycle infrastructure provider Quantave has begun beta testing of a digital assets infrastructure that aims to improve access to liquidity available in digital currencies such as Bitcoin and Ether, according to Paul Gordon, CEO of the company. The volume of digital assets trading can be as much as $2 billion daily worldwide.

“Accessing available liquidity is a convoluted process,” he says. “Consolidating liquidity is a key factor to help it grow. We enable a single on-ramp so our customers can access multiple pools of liquidity. We remove the complexity and put as much as possible under the hood, so the experience looks like any other market access.”

Quantave, established in late 2014, plans to roll out its digital asset infrastructure formally over the next three to six months. Quantave’s infrastructure allows institutional investors to use digital asset management to access liquidity in a manner previously impossible, or that required repetitive onboarding and capital management processes.

“Tried and tested electronic trading methods have evolved over the past few years,” says Gordon. “In essence, we offer a liquidity bridge dedicated to the digital assets market.”

With several digital asset exchanges now operating throughout the world, users previously had to onboard individually with each venue, explains Gordon. Quantave is targeting OTC brokers and broker-dealers for the volume they are sending to these venues, he says. “We’re taking that repetitive onboarding process out of the equation, because by mutualising our platform and trade settlement facility, our customers just have to interface with us and they get the ability of multiple pools of liquidity in terms of broker-dealers that they’re working with.”

Quantave’s effort will serve as a foundation for the use of blockchain and distributed ledger technology for post-trade processes, according to Gordon. “We need to enable people to get exposure to the public blockchain space,” he says. “That infrastructure should resemble existing market infrastructures. Over time, we see the opportunity to transition and mutualise technology as it develops, but we think there will be a gap between that technology and something that is enterprise-grade ready. It’s experimental at this stage.”

Related content

WEBINAR

Upcoming Webinar: The evolution of market surveillance across sell-side and buy-side firms

Date: 21 September 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Market surveillance is crucial, and in many cases a regulatory requirement, to ensuring orderly securities markets and sustaining confidence in trading. It can be breached and has become increasingly complex in the wake of the Covid pandemic, Brexit, and...

BLOG

Indosuez Wealth Management Automates ETF Trading with Bloomberg Rule Builder

Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, has become the first bank to adopt Bloomberg’s Rule Builder for automated ETF trading, following a pilot testing period. Rule Builder is a trade automation solution that covers fixed income, FX, equities, futures, and now ETFs. The system is designed to help traders...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...