TS Imagine adds liquidity from Coinbase Prime
“With the connection to Coinbase Prime, our institutional clients can now access this important liquidity venue and trade cryptocurrencies in a safe, regulated way.”
TS Imagine has connected with Coinbase Prime, the US-based crypto exchange’s prime brokerage arm, to offer institutional clients a fully regulated path to trade cryptocurrencies.
The company offers trading, portfolio and risk management solutions for capital markets and now it allows clients to connect to Coinbase Prime with TradeSmart, an all-asset execution and order management system, and gain significant efficiencies from managing trading and investments in crypto and any other asset class within TS Imagine’s SaaS platform.
Regulated trading execution and custody
Andrew Morgan, President and Chief Revenue Officer of TS Imagine, said: “With the connection to Coinbase Prime, our institutional clients can now access this important liquidity venue and trade cryptocurrencies in a safe, regulated way. We aim to offer the most comprehensive list of quality destinations for our clients while establishing an institutional-grade regulated path to trading digital assets, which in light of the recent market turmoil is what professional investors are looking for,” added Morgan.
Brett Tejpaul, Head of Coinbase Institutional, commented: “We’re pleased to offer TS Imagine’s institutional clients the highest level of secure trading execution and custody with access to Coinbase Prime. Coinbase Prime’s unparalleled track record of offering clients an integrated solution that provides secure custody, an advanced trading platform, and prime services makes us the smart choice for professional investors looking to manage crypto assets in one place.”
TS Imagine boasts two SaaS platforms, TradingScreen and Imagine Software, as part of its integrated trading, portfolio and real-time risk solutions for capital markets.
The firm serves approximately 500 global buy-side and sell-side institutions across North and South America, EMEA, and Asia Pacific including hedge funds, traditional asset managers, pension funds, mutual funds, and financial institutions.
It was in mid-2021 that TradingScreen merged with Imagine Software to bring about TS Imagine. The firm became the first vendor to integrate pre-trade cluster analytics from Goldman Sachs into its trading system to support buy-side best execution requirements.
The dynamic end-to-end trading and portfolio management software platform connects the investment management industry to a network of brokers, banks, and exchanges.
By integrating Goldman Sachs’ pre-trader cluster analytics, investment managers are able to automate more of their equity trading workflow. Goldman’s Quantitative Execution Services team classifies microstructure-based stock characteristics into “clusters”, which define the precise nature of tradability of stocks based on volatility, liquidity and complex, non-linear dynamics.
This allows for highly informed decisions about how investment managers are going to trade, including driving the optimal order routing options for order execution right down to selecting the best algo available on TS Imagine’s Algo Wheel.