GMEX Technologies launches Fusion 25 January 2018London Reporter: Becky Butcher
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GMEX Technologies has launched GMEX Fusion, an integrated centralised and distributed solution set, in response to changing global market drivers and technical innovation.
The new solution, which combines centralised technology with blockchain technology, has been created to support the latest technology and business challenges impacting the way traditional exchanges are looking to operate, as well as to address the demands from the crypto exchanges and emerging market countries.
It will be used across exchanges, clearing houses, central securities depositories and electronic warehouse receipt operators.
Hirander Misra, CEO of GMEX Group and chairman GMEX Technologies, commented: “We have created Fusion to address the increasing need for centralised and distributed technology to be implemented together.”
He added: “We are delivering the latest blockchain technology integrated with advanced exchange trading, clearing, settlement and electronic warehouse receipts solutions to ensure that the current world of centralised systems and new world of distributed enablement can coexist in parallel as part of a unique game-changing hybrid paradigm.”
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