05.25.2022

Cowen Digital Connects to SS&C Eze OEMS

05.25.2022
Cowen Digital Connects to SS&C Eze OEMS

S&C Technologies Holdings, announced that Cowen Digital, Cowen Inc.’s digital asset division will leverage SS&C Eze’s institutional OEMS platform to support its clients’ digital asset trading requirements.

“Building on our first mover advantage in the market, we are delighted to add SS&C Eze’s advanced trading and order management technology to our platform, as we respond to our institutional clients’ growing demand to access the benefits of digital assets,” said Drew Forman, Head of Cowen Digital.

“Our clients are already accessing 16 of the leading tokens through our high-touch trading desk. Adding the Eze OEMS to our robust institutional-grade platform further extends our access to liquidity alongside the most relevant market data and enhances our clients’ ability to connect seamlessly with the digital asset market,” added Eric Rose, Head of Execution at Cowen Digital.

SS&C Eze’s institutional digital asset trading platform provides seamless broker-agnostic access to institutional liquidity across the market. It also provides market data covering 100+ tokens and 500+ pairs from more than 35 sources, enabling users to configure order details and request buy/sell quotes for selected token pairs. In addition, clients with access to Eze’s integrated OEMS capabilities can create crypto orders in their order management blotter and send them directly to Cowen for execution.

“We are pleased to support Cowen in providing institutional-quality crypto execution for asset managers,” said Frank Matarese, Senior Director of Product Management at SS&C Eze. “Our digital asset trading network allows our clients and partners to fully integrate their crypto and other digital assets into their investment operations. This integration enables the same controls and workflows for the other instruments they trade today and provides access to liquidity on a global scale”.

Source: SS&C Eze

Related articles

  1. Prime of Prime FX Market Expands

    Zodia Markets has been successful in executing FX with crypto trades.

  2. HQLAX optimises liquidity management and collateral management.

  3. Costs of FX Transactions Prove Elusive
    Daily Email Feature

    FX Q&A: Vincent Bonamy, HSBC

    Sell-side veteran cites settlement risk as the number one challenge for market participants.

  4. The SMBC-Jefferies alliance began in 2021 with a focus on U.S. leveraged finance and Japan cross-border M&A.

  5. Bank of America and State Street will support Cboe Clear Europe’s clearing service for securities financing.