Joint product partnership will provide financial institutions with the digital technology and comprehensive datasets for trading, valuation, monitoring and digital asset display
London (February 15, 2021) – Web Financial Group (WebFG), a leading independent provider of digital transformation solutions, has entered into a strategic product partnership with CryptoCompare, the global leader in digital asset data.
Under the partnership agreement, WebFG and CryptoCompare will provide the financial industry, including brokers, trading desks, asset managers, services providers and custodians with:
- Global coverage of 5,000+ coins and 200,000+ crypto and fiat trading pairs;
- Seamless digital platform and services including API, widgets & integrated solutions.
WebFG leverages data technology to deliver innovative products — such as a market and financial data solution, a financial information platform, an investment platform and customized solutions — to its 250+ financial services clients, enabling them to better accommodate the evolving needs of investors.
The addition of CryptoCompare’s data to the WebFG platform will allow clients to meet pre-trade and post-trade regulatory obligations for FinSA, including the provisioning of all required information and regulatory documents. The datasets — spanning digital asset trade and blockchain data — are the most granular in the industry and include historical data since 2013.
“We look forward to expanding our digital service offering to our clients using a reliable source of data from CryptoCompare. With this integration, Web Financial Group is not only responding to the needs of retail investors to access crypto and blockchain Information, but also to the financial industry's demands for trading and compliance purposes. We look forward to working with the CryptoCompare team to develop this partnership’’, said David Tibbetts UK/Nordics Managing Director.
James Harris, Commercial Director of CryptoCompare, commented: “Leveraging Web Financial Group’s track record of success in building data-driven solutions and CryptoCompare’s premium digital asset data, this partnership provides a great opportunity for financial institutions to gain a competitive edge amidst surging global adoption of digital assets.”
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Web Financial Group: email@example.com
Note to Editors:
About CryptoCompare - data.cryptocompare.com
CryptoCompare is the global leader in digital asset data. Institutional and retail investors rely on the company for real-time, high-quality data spanning 5,000+ coins and 200,000+ currency pairs. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the market across trade, order book, historical, social and blockchain data.
About Web Financial Group : www.webfg.com
Web Financial Group (WebFG) is one of the world’s leading independent providers of digital transformation solutions to the financial industry, backed by Bridgepoint and Deutsche Ballaton.
The future of the financial industry is digital, real time and fully connected. Born from innovation, Web Financial Group’s forward-thinking digital approach enables the financial services industry to realize the true power of digital transformation and stay ahead of the competition.
WebFG devises bespoke digital solutions by harnessing sophisticated data insight, cutting-edge technology, and industry leading expertise refined over 20 years. Our focus and ingenuity mean we deliver a real business advantage for financial institutions, HNW investors and media partners around the world.
The company currently has offices in Spain (Madrid), UK (London), US (Chicago), Switzerland (Zurich and Biel), France (Paris), Sweden (Stockholm) and Germany (Frankfurt).