Avaloq welcomes Blocksize Capital to its open banking marketplace
By Megha Bhattacharya
Frankfurt-based Blocksize Capital, a blockchain technology provider for financial institutions, has become the latest FinTech to join Avaloq’s open banking marketplace. Blocksize Capital’s Software as a Service (SaaS) solution offers a flexible and transaction-based subscription model, reducing initial implementation costs for new clients. The German FinTech’s blockchain technology will now be easily accessible to banks and wealth managers looking to efficiently and securely manage and trade digital assets.
Christoph Impekoven, Managing Director at Blocksize Capital, said, “We firmly believe that in the near future all asset classes will be available on DLT (distributed ledger technology) systems, also known as blockchain technology. Blocksize Capital provides financial institutions with cutting-edge technology allowing them to embrace this fundamental transformation. Our solutions are based on enterprise-grade terminals enabling investors to analyse, trade and manage digital assets. Thanks to strong partnerships, such as this one with Avaloq, we are able to share our profound DLT expertise with banks and wealth managers around the world.”
Recently, Avaloq announced that Frankfurt-based d-fine has joined its global partner network in a bid to strengthen the leading digital banking solutions provider’s implementation capabilities. The new collaboration will see d-fine focus on business consulting in the fields of controlling and risk, banking regulation, capital markets as well as compliance. In addition, the firm is also capable to contribute cutting-edge expertise in data analytics, artificial intelligence, crypto assets and blockchain technology.
Martin Greweldinger, Co-CEO and Group Chief Product Officer at Avaloq, said, “We are delighted to welcome Blocksize Capital to the Avaloq.one ecosystem. Blocksize Capital’s digital assets solutions are a great addition to Avaloq’s stand-alone Crypto Assets platform which is designed to provide financial institutions with a comprehensive, convenient and flexible solution for crypto investing.”
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