Binance announced the launch of its new institutional exchange solution today. This new offering is called the OMS Toolkit. The toolkit serves order management systems and trading technology solution providers. Furthermore, it helps companies serving crypto-native and traditional finance clients. Technology providers can now connect to the platform through a streamlined integration.
This is because the OMS Toolkit offers customized analytics at the exchange level for institutional customers. Therefore, these analytics provide a better understanding of client orders and trades. It becomes easier for the providers to analyze the behavior of the clients within the platform.
Advanced Analytics and Tool Features
The new toolkit responds to an industry shift toward sophisticated institutional infrastructure. It builds on the foundation of Link and Trade. Link and Trade is the spot and futures API trade-tracking system from Binance. Now, the new program expands this system into a broader toolkit. It introduces dashboards that surface end-client trading activity and cross-platform engagement.
“The institutions that build the strongest client relationships are those that truly understand how their clients trade and can optimize performance across all market conditions. Binance OMS Toolkit gives technology solution providers greater visibility into client activity, along with sustainable models that let them grow alongside their clients, and with Binance. We’re giving key players a stake in the ecosystem,” said Catherine Chen, the Head of VIP and Institutional at Binance.
The system also gives a complete view of integrated API trading activity. This visibility supports client servicing and retention. Additionally, custom user tags allow OMS providers to segment and manage client accounts directly. Providers can handle routine adjustments without relying on customer support.
The package provides white-glove support from the VIP and Institutional team. OMS clients can offer access to Binance Spot and Futures through their system. Today, the OMS Toolkit is officially available for traditional market and crypto-native providers. Algorithmic and automated trading platforms are also eligible to use this product.
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News Source: PRNewswire.com
