-1 C
Munich
Friday, January 27, 2023

Bloomberg and Elwood Collaborates to Expand Institutional Cryptocurrency Capabilities

Bloomberg and Elwood Technologies have confirmed that they both have joined forces that would allow investments from clients utilizing Elwood’s market-leading cryptocurrency trading platform to flow straight into Bloomberg AIM which has earned recognition as a prominent buy-side order management system (OMS).

Elwood Technologies believed its strategic agreement with Bloomberg is helping it to fulfill its aim of offering institutional-grade access to digital asset markets. It is thrilled to collaborate with Bloomberg to make institutional access to cryptocurrency markets easier. The partnership is likely to be finalized and available for mutual clients of Elwood and Bloomberg AIM in Q2 2022.

Elwood’s institutional cryptocurrency trading skills are coupled with Bloomberg’s data, analytics, and workflow tools in this alliance. It enables AIM platform financial institutions and investment managers to collect and manage their crypto assets with the remainder of their assets for a unified investing process. The Financial Instrument Global Identification (FIGI) for crypto assets will be used by Elwood as the partnership’s common identifier.

About Bloomberg and Elwood

Bloomberg has earned a reputation as a global leader in business and financial information and news. It provides a key advantage to influential decision-makers by integrating them into a dynamic network of information, people, and ideas. On the other hand, Elwood Technologies has established itself as a fast-growing global fintech company specializing in the development of institutional-grade digital asset trading infrastructure. Its end-to-end OMS/EMS/PMS platform delivers the low-latency connection and deep liquidity to worldwide crypto exchanges via a single API.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.