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GMEX Group Wins Best Development in FinTech of the Year

indie
3 minutes

LONDON, Nov 28, 2022 - (ACN Newswire via SEAPRWire.com) - GMEX Group ('GMEX'), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win.GMEX Pyctor ('Pyctor') was acquired earlier this year by GMEX after being successfully incubated in ING Neo's innovation lab. It has been jointly developed in collaboration with multiple blue-chip financial institutions (both asset managers and banks) and regulators. This leading fintech provides regulatory compliant digital assets network and digital custody technology, and is designed for firms operating in regulated environments. It offers highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains.GMEX Group is in its tenth anniversary year. While its business started in traditional finance, develop...

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ING spins out Pyctor digital assets technology to GMEX Group

indie
4 minutes

London and Amsterdam, Jul 12, 2022 - (ACN Newswire via SEAPRWire.com) - ING announced today that it has spun out Pyctor to GMEX Group ("GMEX"), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor's digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. Pyctor was incubated in ING Neo's Amsterdam innovation lab, in collaboration with major financial institutions and regulators.Pyctor is now a service offering within GMEX. Hirander Misra is appointed Chairman of Pyctor with other senior appointments to be announced in due course. ING will continue its relationship with Pyctor and collaborate through ING's digital assets team. Olivier Guillaumond, Global head of innovation Labs & Fintechs, ING commented: "After spinning out Stemly last year from ING Labs Singapore, Pyctor has been another innovation success story at ING Neo. ING Labs incubated Pyctor leveraging ING's DLT ...