Itiviti Partners with KGI Asia to Provide Order Management Solution

Trading technology provider, Itiviti announced on Monday its partnership with Hong Kong-based equity broker KGI Asia (Hong Kong) for offering its multi-asset order management solution (OMS) for high and low-touch trading.

Itiviti trading stack will automate KGI Asia’s entire trading operations across Care and DMA customer flows, which will provide Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term services on both regional and international markets. The press release detailed that KGI Asia will use the services to support its institutional, wealth management, and brokerage businesses.

“Implementing Itiviti's robust OMS solution represents a strategic move for us, and we look forward to supporting new customer segments, from global clients seeking regional execution expertise, to local low-latency players seeking outstanding performance and speed from their brokers,” KGI Asia’s financial market services director, Trevor Lee.

“As a proven solution leveraging an efficient infrastructure, Itiviti offers the performance, speed, and functionality we were looking for and aligns perfectly with our business growth plans in the region.”

Partnering with Players across the Industry

Itiviti is known for its NYFIX network that offers OMS services to both Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side trading clients. According to the company, it serves around 2,000 clients across over 50 countries.

Additionally, the platform is expanding its services in the digital asset industry and partnered with multiple crypto exchanges, including Winklevoss twins’ Gemini and Diginex.

“We are delighted to have KGI Asia selects Itiviti flagship OMS; with advanced trading tools and reliable technology, Itiviti's fully hosted platform will enable KGI Asia to trade seamlessly across global markets. We are looking forward to a long-lasting partnership with KGI and other firms in Asia, enabling them to seize opportunities faster,” Ofir Gefen, Itiviti’s head of sales and revenue for EMEA and APAC, added.