AIX-EN-PROVENCE, France & ZUG, Switzerland -- (BUSINESS WIRE) --
smartTrade Technologies (smartTrade), a multi-asset electronic trading pioneer, has been chosen by SEBA Crypto AG (SEBA), to deliver SEBA’s state-of-the-art crypto and traditional assets trading platform.
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SEBA has the ambition to build a regulated bank to bridge the gap between the crypto and traditional financial economies. Headquartered in Zug, Switzerland, SEBA wants to give institutions, corporates and individuals the confidence to operate in both economies, enabling new thinking, creating solutions and managing digital wealth efficiently.
smartTrade is the chosen partner to provide SEBA’s trading solution. As an innovation-driven company, smartTrade started investing R&D resources in blockchain and crypto assets very early on. smartTrade fully complies with SEBA’s requirement to provide the highest standard of crypto technology. smartTrade will deliver a solution which encompasses connectivity to a large number of liquidity venues, aggregation and execution, as well as Smart Order Routing (SOR). Other functionalities such as pricing, distribution, risk, order management and analytics will be provided. In addition, smartTrade will supply SEBA with hosting and collocation services, which have already passed strict security and the most strenuous independent testing (SOC2 Type 2).
David Vincent, CEO of smartTrade, said “We are thrilled to be involved in what we think is a major financial industry turning point by providing the trading platform for SEBA. We fully embrace SEBA’s vision that Blockchain, the technology underpinning Bitcoin and other crypto assets, is the catalyst for the Fourth Industrial Revolution. Blockchain is already a technology delivering impact and reshaping the financial world. We are proud to be part of this amazing endeavor. Since its inception, smartTrade took the strategic decision to develop a truly multi-asset-class trading technology which is a real advantage when working on this kind of innovative project.”
Guido Bühler, CEO of SEBA, concludes: “SEBA is a new financial services offering committed to security, transparency and performance. We are building our infrastructure from the ground up, hence partnerships with world class technology providers such as smartTrade are core to our ambition to be one of the first fully regulated and supervised Swiss crypto banks. Together, we intend to deliver a military grade, secure traditional and crypto banking experience for the new economy.”
About smartTrade Technologies:
smartTrade Technologies, a multi-asset electronic trading solutions pioneer, delivers innovative and intelligent technology enabling you to focus on your trading and grow your business while lowering total cost of ownership and allowing you to quickly adapt to changing market requirements.
smartTrade Technologies provides agile end-to-end trading solutions supporting Foreign Exchange, Fixed Income, Equities and Derivatives asset classes with connectivity to over 100 liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities and a HTML5 user interface. We work with a variety of clients ranging from banks, brokers and hedge funds to proprietary trading desks. LiquidityFX for FX and smartFI for Fixed Income, are solutions available as software only or as a fully managed and hosted service, collocated in all the main market places globally. smartANALYTICS, our cross-asset big data analytics solution, allows the creation of historical and real-time dashboards and reports to interact in a more efficient way with the markets and end clients. For more information, visit www.smart-trade.net
About SEBA:
SEBA Crypto AG is redefining finance for the new economy. SEBA wants to build a gateway that facilitates movement of assets between the crypto and traditional financial markets for major financial investors. SEBA’s ambition is to become the world’s first licensed and supervised Swiss crypto bank, offering industry leading crypto-asset financial products and services. SEBA’s team is comprised of global leaders and experts in banking, financial markets, FinTech and Blockchain. With safety, transparency and performance as core values, SEBA is focused on helping both traditional and crypto market participants make the most out of opportunities arising from the growth of crypto currencies and assets. Headquartered in Zug, Switzerland, SEBA is in contact with FINMA for the application of a Swiss Banking and Securities Dealer license, which, if granted, would allow SEBA to offer a comprehensive range of banking services to institutional, corporate and individual clients. SEBA will promote the mainstream adoption of Blockchain and crypto by educating people to understand the potential it holds to ignite global economic reform and financial inclusion. For more information visit, www.seba.swiss
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CONTACT:
smartTrade Technologies
Lise Grant, +44(0) 782 684 7707
lgrant@smart-trade.net
or
SEBA Crypto AG
Morgan Pierce, +353 (0) 85 875 2105
morgan.pierce@seba.swiss