Crypto Services
Securing custody and transaction processing of crypto assets
Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
Securing custody and transaction processing of crypto assets
You have these already downloaded
We have sent you a copy of the report to your email again.
Achieve a digitized, consolidated view of all insurance policies
Abstract
Quartz for Crypto Services helps financial institutions streamline crypto asset management by integrating with multiple public blockchains like Bitcoin, Ethereum, Ripple, and Bitcoin Cash etc.
Challenge
Crypto assets are gaining popularity among investors. Once considered an alternative investment, the growing interest from both retail and institutional investors suggests that crypto assets are poised to become mainstream. To capitalize on this trend, banks and financial institutions have broadened their offerings to include these niche assets. However, they need robust, flexible, and feature-rich solutions to manage crypto assets for their clients, enabling portfolio diversification and offering new investment opportunities.
Solution
Quartz Smart Solution for Crypto Services is an end-to-end, integrated and secure crypto custody and transaction processing solution, for banks and financial institutions. It streamlines crypto asset management by integrating with multiple public blockchains like Bitcoin, Ethereum, Ripple, and Bitcoin Cash etc. The solution can enable connectivity to different crypto exchanges and OTC Desks ensuring the most favorable rates and efficient transactions of crypto assets.
The key features include:
API-Based Integration: The solution offers simple REST APIs that connect seamlessly with existing banking/custody/position keeping solutions. This integration allows customers to manage and view their digital and traditional assets in one place.
Secure Key Storage and Governance: It uses Hardware Security Modules (HSM) for the secure storage of private keys and deploys multi-signature authorization to ensure robust key governance and enterprise-grade security.
Connectivity with Multiple Trading Venues: The solution includes adapters for connectivity to various exchange venues, order execution management systems, and liquidity providers (OTC), facilitating the best execution for crypto trades.
Benefits