CHICAGO – March 7, 2024 – Elysium LD Technology, Inc., a subsidiary of Laser Digital, proudly announces its strategic partnership with Edgewater Markets Limited, a leading provider of electronic foreign exchange (FX) and precious metals liquidity and distribution solutions. This collaboration marks a significant milestone as Edgewater expands its offerings in the UK market with the acquisition of an FCA license. Edgewater Markets Limited has solidified its commitment to enhancing operational efficiency and client-centric solutions by integrating Elysium’s cutting-edge RiskDB and Mission Control solution into its middle and back-office infrastructure. ‘’A long-standing relationship with Elysium tech now includes management tools for our margin and bilateral institutional clients under Edgewater Markets Limited UK entity, completing the group strategy of credit and client diversification by 2024’’ said Emanuel Georgouras, UK CEO.
This partnership underscores Edgewater’s dedication to delivering unparalleled services to its clientele, leveraging the best-of-breed components of Elysium’s renowned RiskDB “Prime Broker in a Box” solution. “We’re excited to team up with Elysium as we expand,” said Matt Kassel, COO of Edgewater Markets. “With nearly a decade of collaboration, this extended partnership reflects Edgewater’s trust in Elysium and their commitment to our expanding business units . Elysium’s solutions align perfectly with our goal of delivering best in class risk management tools and seamless end-to-end trade processing. Integrating their RiskDB and Mission Control solution enhances our capabilities, ensuring we continue to provide exceptional value to our clients, and reliable back and middle office solutions to all of our partners.
The integration of Elysium’s “Prime Broker in a Box” solution empowers Edgewater Markets Limited with robust capabilities, including core books and records management, margin management, client reporting, and straight-through processing (STP) to prime brokers, clients, and liquidity providers. This comprehensive suite of solutions ensures streamlined operations, enhanced risk management, and seamless connectivity across the trading ecosystem. “Edgewater’s commitment to innovation and excellence closely aligns with Elysium’s vision,” said Roque Castro, CCO of Elysium. “We’re thrilled to embark on this journey together, leveraging our expertise to revolutionize middle and back-office infrastructure for Edgewater’s UK business expansion. This partnership represents a significant step forward in delivering unparalleled value to the FX market.” Edgewater’s launch of new FCA business operations in the UK, coupled with its partnership with Elysium, underscores its commitment to excellence, innovation, and client satisfaction. By leveraging Elysium’s state-of-the-art solutions, Edgewater is primed to solidify its position as a leading provider of electronic FX and precious metals liquidity, distribution solutions, and custom designed white label products with unique workflows designed for each client.
About Elysium:
Elysium LD Technology, Inc, a subsidiary of Laser Digital, is a provider of innovative financial technology solutions designed to revolutionize the way financial institutions operate. With a relentless commitment to driving industry-wide transformation, Elysium empowers market participants with cutting-edge tools and technologies to streamline their operations, reduce costs, and mitigate risks. For more information, please visit elysiumtechgroup.com.
About Edgewater:
Edgewater is a leading trading technology provider that specializes in FX trade execution, liquidity and distribution services that empowers institutions to trade efficiently and competitively across global markets. Over the past 15 years, we’ve earned the trust of our global clients by providing modern technology, exceptional client service, unblemished operational performance and a flexible, conflict-free business model. Our sole focus is on helping our clients grow – because when they succeed, we succeed.