Koine Finance Selects Solace for Fast, Reliable Exchange of Financial Information to Support Cryptocurrency and Digital Asset Custody and Settlement Service

OTTAWA, Ontario, Sept. 11, 2018 /PRNewswire/ -- Solace announced today that Koine Finance, an FCA EMD agent and innovative provider of institutional-grade cryptocurrency and digital assets custody and settlement services, has selected Solace PubSub+ message broker to enable event-driven data flow between the distributed applications that support their range of services.

"Our institutional customers in capital markets, commercial trading and wealth management are seizing the opportunities that digital assets present," said Phil Mochan, Koine's co-founder and CEO. "In looking to build out the fast, flexible infrastructure to provide institutional-grade services, we believe that Solace offers the unique combination of speed, scalability and robustness necessary to support Koine and meet our customers' needs. Solace's experience with established financial organizations and high-growth companies means they completely understand the Koine offer."

Koine is actively deploying a combination of PubSub+ appliances and software to enable faster integration and real-time data flow between its financial trading systems. The compact form factor and turnkey nature of PubSub+ appliances will keep Koine's system architecturally simple, making it easy and cost-effective to manage, secure and scale.

"In the rapidly evolving digital assets and cryptocurrency markets, the fast, secure, reliable distribution of data and events is absolutely mission-critical," said Les Rechan, Solace CEO. "We look forward to helping Koine provide institutional grade services for complex client needs and increased transaction volumes."

About Koine
Koine Finance will provide custody and settlement services that allow institutions to store digital assets securely and to trade them safely and efficiently. Their services are focused at the professional services market including investment companies, funds, brokers, trading communities, wealth managers and digital exchanges.  Koine is based in London, with teams in Europe, Asia and the US. Learn more at www.koinefinance.com

About Solace
Solace is the only unified message broker that supports publish/subscribe, queueing, request/reply and streaming using open APIs and protocols across hybrid cloud and IoT environments. The company's smart data movement technologies rapidly and reliably route information between applications, devices and people across clouds. Established enterprises such as SAP, Barclays and American Express as well as high-growth companies such as VoiceBase and Jio use Solace to modernize legacy applications and successfully pursue analytics, hybrid cloud and Internet of Things strategies. Learn more at https://solace.com.

Press contact for Solace:
Lori Niquette
SHIFT Communications
[email protected]
617-779-1800

Press contact for Koine:
Jane Jones
Koine
[email protected] 
00 44 20 3638  5120

SOURCE Solace

Related Links

https://solace.com