LevelField Financial Selects AlgoTrader pOEMS for Digital Asset Trading and Orchestration

AlgoTrader enables LevelField Financial to expand its digital asset trading services and expand its digital asset business to all customer segments

HOUSTON and ZURICH, July 27, 2022 /PRNewswire/ — LevelField Financial (LevelField), the US-based financial services company focused on unifying digital assets and traditional banking services into one trusted platform, today announced that it has selected AlgoTrader, the leading digital asset trading software company, to deploy its solution for institutional crypto and digital asset trading operations. AlgoTrader’s modular Portfolio Management, Order and Execution System (pOEMS) provides a powerful platform for accessing deep liquidity along with sophisticated interoperability capabilities for the OTC trading desk (OTC) from LevelField.

Additionally, LevelField will leverage the AlgoTrader platform’s rich Application Programming Interfaces (APIs) and intuitive interface, to meet the digital asset needs of a wide range of customers – from financial institutions to individuals to wealthy individuals.

LevelField expands to offer a full range of banking and asset management products

AlgoTrader’s selection, along with its implementation of other advanced technology providers, will enable LevelField to offer a full suite of modern and traditional banking and financial asset management products for borrowing, trading and earning the money clients invest through LevelField Financial. The core of the LevelField offering will revolve around well-designed, well-managed and compliant payments and finance, while providing the highest quality interaction for customers.

“LevelField is seeking to acquire a US chartered bank so that we can become our customers’ trusted provider for a safe, simple and secure experience. The addition of AlgoTrader will help us grow the digital asset side of the business and to facilitate our vision of becoming a full-service financial services company.” said Gene A. Grant, IIfounder and CEO of LevelField.

AlgoTrader offers direct market access as well as seamless integration of custody and basic banking services

Along with its market-wide FIX access and trade automation, AlgoTrader offers seamless integration into core banking and custody systems, such as Metaco’s Harmonize Platform which is also part of LevelField’s bank-level infrastructure. This allows LevelField to bridge the gap between traditional finance and crypto-finance, thereby integrating digital asset products to provide convenience and drive mass consumer adoption.

AlgoTrader CEO Andy Flury said, “LevelField is another proof of success for our technological lead and institutional adoption of crypto assets. Focusing on customer centricity and customer experience is critical as we strive to become the leading trading technology provider for buyers and sell-side clients worldwide.”

“AlgoTrader’s feature-rich pOEMS platform meets our rigorous security standards and provides LevelField with the flexibility to grow our digital asset business,” commented LevelField CTO. Michael William Clayton. “AlgoTrader’s DNA, rooted in traditional and quantitative trading solutions designed by veterans of the trading system, has made it the perfect partner to enhance the LevelField offering. Thus, bringing a wealth of experience to the new world cryptographic and digital assets.”

About LevelField

LevelField is focused on uniting digital assets and traditional banking services in one trusted platform. Founded by banking and financial services veterans, LevelField aims to be a well-regulated – safe, simple and secure – partner for trading, borrowing and earning using digital and traditional assets. LevelField is seeking to acquire a US chartered bank. For more information, visit levelfield.us.

About AlgoTrader

AlgoTrader is the global leader in institutional trading technology for digital assets that covers the entire trading lifecycle, from pre-trade risk checks to order generation, automated settlement and custody reconciliation – offering best-in-class infrastructure to financial institutions. By supporting direct market access, transparent custody and core banking integration as well as full trade lifecycle automation, the AlgoTrader platform streamlines digital asset trading. Developed by a team of trading system veterans and crypto asset experts, AlgoTrader offers integrated infrastructure solutions that meet the highest institutional needs. To learn more, visit www.algotrader.com.

SOURCE LevelField Financial


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