Data services provider Linedata has partnered with Liquid Mercury to provide buy-side asset managers with institutional-grade crypto access and digital asset order execution.
The collaboration follows a recent Linedata report, which found that traditional asset managers are looking for more exposure to digital assets, yet lack experience in crypto operations.
Through the partnership, clients will have access to market intelligence and crypto liquidity access through Linedata’s Longview OMS software, while order execution management system will be provided by digital asset and cryptocurrency trading technology company Liquid Mercury.
Timothée Raymond, global head of technology and innovation at Linedata, says: “Liquid Mercury has a proven track record of building solutions specifically for institutional asset managers. Our customers will benefit extensively from the partnership, which leverages tailored order management and trading workflow capabilities in the crypto asset space. This is part of our ongoing commitment to expand the functional coverage of our solutions through strategic partnerships.”
Tony Saliba, CEO of Liquid Mercury, adds: “Both Liquid Mercury and Linedata’s teams have deep experience within traditional capital markets, which was a driver to work together and help provide institutional access in the crypto market. Linedata’s clients will have access to a whole new asset class, with the institutional trading capabilities that they demand.”
