A complete, front-to-back office solution for institutions to trade crypto-assets: Omniex

Fragmented and immature crypto market structure has left institutional investors at a loss for robust solutions to the regulatory, security, and technology challenges of the asset class. The emerging crypto-asset ecosystem is currently traded across a fragmented array of exchanges and dispersed OTC markets with little front and back-office support. No solution previously existed for institutional investors to manage and trade a portfolio of diverse crypto-assets in a consolidated manner or easily trade the volatility that exists in the market. The company provides an integrated platform that encompasses the complete crypto-asset trading lifecycle.

Omniex’s platform was designed and built by technologists with a long track record of implementing large-scale, high-volume financial trading systems. The team of Omniex is leading the way for the institutional adoption of crypto as an asset class alongside some of the largest financial institutions in the world. With an unrivaled understanding of capital markets and institutional finance, Omniex is building the platform that will empower the institutional adoption of crypto-assets.

Solutions offerings

Omniex is the first-to-market, complete trading and investment platform for institutional investors to seize the opportunities of the capital markets’ newest asset class, crypto. Its platform provides the portfolio and risk management, trade execution, investment operations, and compliance solutions institutions need to thrive in the crypto-asset markets.

Who does it serve?

Buy-Side Participants: Depending on the investment thesis, front-office and execution needs for buy-side participants can vary widely. Rather than attempting to bolt on crypto-asset capabilities to a platform built for another asset class, Omniex is purpose-built from the ground up to specifically handle crypto-asset workflows.

Market-Makers: Whether clients are a crypto-only exchange, traditional exchange offering crypto-assets, or one of the growing number of OTC market makers offering crypto liquidity, Omniex’s solutions can broaden their reach and make counterparty connectivity simple and efficient. Omniex’s solutions allow OTC market makers to easily price their existing counterparties electronically without using the phone, Skype, or messenger, reducing errors and providing full audibility.

Broker-Dealers: Many existing broker-dealers with captive clients are looking to add crypto as a new offering. Omniex can help broker-dealers quickly add crypto-assets to an existing offering by providing a turn-key solution for market making, risk management, agency/principal book management, and automatic position hedging.

Services Offerings

The company’s platform was engineered with decades of experience designing, deploying, scaling, and maintaining institutional trading systems across global enterprises. By prioritizing flexibility, speed, and modularity, its platform architecture minimizes latency and costly platform upkeep, while empowering institutions to maximize efficiency and cherry-pick only the components they need.

As a complete, front-to-back office solution, Omniex equips users to handle portfolio management, trade execution, investment operations, and risk & compliance. Functions for each include:

Portfolio Management: It includes Position management and Market data.

• Position Management
• Long/Short
• Aggregation
• Valuation
• Performance
• Market Data
• Real-time
• Historical
• Venu

Trade Execution: It includes Trading Support and Book ordering.

• Trading Support
• GUI & FIX API
• Algorithmic
• DMA (Exchanges)
• RFQ (OTC)
• Streaming (OTC)
• Order Book
• Level 3 (API)
• Level 1 & 2 (GUI)

Investment Operations: It includes OTC Settlement Center and Partner Integrations.

• OTC Settlement Center
• Aggregated & Net
• Net
• SSI
• Partner Integrations
• Wallets & Custody
• Fiat Banks
• Fund Accounting

 Risk & Compliance: It includes Portfolio Risk and Compliance.

• Portfolio Risk
• Volatility
• VaR
• Correlation
• Covariance
• Compliance
• Roles & Permissions
• Trading Limits
• Alerts & Notifications

Meet the eminent leader

Hu Liang, Co-Founder, and Ceo of Omniex: Hu was most recently SVP of State Street Bank and founder of the bank’s Emerging Technologies Center focused on all things crypto and blockchain, amongst other emerging technologies. Prior to that, Hu spent over four years in Hong Kong overseeing the bank’s electronic FX platforms and data businesses across all Asia Pacific.

A long-time Silicon Valley veteran, Hu joined State Street in 2007 through the acquisition of Currenex, the first Internet-based large-scale electronic FX (Foreign Exchange) platform targeting institutions, and HFT (High-Frequency Trading) market. He was one of the earliest members of Currenex, designing its automated trading platform and enabling its sale to State Street. Prior to Currenex, Hu was the founder of a failed managed security startup, Forion, and started his career programming at IBM Almaden Research Center.

Hu holds a BS in Electrical Engineering from Rutgers University and an MBA from the Haas School at UC Berkeley.

“We are strong believers that the crypto-asset class is here to stay.”