Third Financial is delighted to have been chosen to provide post-trade connectivity for Archax, the UK’s first FCA-regulated digital securities exchange.
Commenting on the announcement, Third’s Group CEO, Ian Partington, said: “We have been very impressed with the Archax team and their ground-breaking concept. Our partnership with them is further affirmation of our status as the UK’s fastest growing FinTech investment and post-trade platform. Our leading technology, coupled with our operational expertise and culture of outstanding service, now sees us supporting a range of firms from traditional wealth managers and family offices, through IFAs, to some of the most innovative FinTech launches.”
Archax’s CEO, Graham Rodford, added: “As a UK regulated secondary market in the digital asset space with a focus on institutions, there are certain parts of the traditional market infrastructure that we still need to be connected in to. Third Financial showed from the start that they understood what we were trying to achieve and were keen to help. We are very happy to entrust our post-trade connectivity to them. They will form a key part of our proposition from launch.”