Digital giant, Apex, unveils Apex Digital 3.0
Apex Group, a global financial services provider with a footprint in 52 jurisdictions and managing $3.5 trillion of assets, has launched Apex Digital 3.0. This innovative solution is designed to connect traditional finance with on-blockchain capabilities, offering a comprehensive and compliant platform for digitizing assets across the entire investment lifecycle.
Integrated On-Blockchain Finance
Apex Digital 3.0 enables corporate treasurers and finance leaders to seamlessly leverage on-blockchain finance, providing a compliant, integrated pathway from traditional systems to digital asset management.
Enhanced Liquidity and Cash Management
The solution offers enhanced liquidity through real-time access and efficient digital asset utilization, supporting future-proof cash management strategies.
Automated On-Chain Collateral and Margin Management
Using smart contracts and the Canton Network, Apex Digital 3.0 automates the execution and enforcement of collateral agreements aligned with ISDA CSA Initial and Variation Margin compliance. This allows instant tokenized collateral pledging, real-time shared data access between counterparties, and improved dispute resolution while maintaining privacy controls on confidential transactions.
24/7 Margining and Risk Reduction
On-chain collateral management supports 24/7 margin payments on demand, leading to shorter margin cycles, reduced risk, and margin requirements. It also introduces the ability to use novel collateral types like yield-bearing stablecoins or tokenized money market funds.
Streamlined Operations and Cost Efficiency
By offering APIs and digital infrastructure, Apex Digital 3.0 reduces traditional inefficiencies, accelerates transaction speeds, and lowers support and integration costs, benefiting financial services firms managing large asset volumes.
A Compliant Single-Source, End-to-End Solution
Apex Digital 3.0 offers a compliant single-source, end-to-end solution for digitising assets across the complete investment lifecycle. The solution impacts various parties, including issuers, investors, aggregators, and distributors.
Institutional Adoption of Digital Assets
Apex Digital 3.0 aims to enable institutional adoption of digital assets by ensuring global regulatory and compliance requirements are met. This broadens opportunities for investors to participate with more accessibility and asset fractionalisation.
Expanded Services for Stablecoin Issuers
Apex Group extends its stablecoin services to offer modular capabilities to stablecoin issuers, including manufacturing, issuance, distribution, and ongoing proof of reserve. The extended services will also be offered to issuers of tokenised money market funds.
Facilitating Asset Growth and Improved Liquidity
Apex Digital 3.0 aims to facilitate improved liquidity and asset growth as the industry develops digital asset classes and distribution. The solution offers services that give confidence to investors that new investment products bear a similar risk profile to traditional asset classes when structured institutionally.
In a statement, Peter Hughes, the founder and CEO of Apex Group, said, "Apex Digital 3.0 will provide investors with a more diversified portfolio, better risk-adjusted returns, and more retirement security." For asset managers, Apex Digital 3.0 provides access to additional distribution channels, streamlined operations, and engagement with programmable finance.
Apex Digital 3.0 is a scalable, compliance-first, programmable infrastructure, described as a significant step forward in the digitization of traditional assets and the integration of blockchain technology into mainstream finance.
Technology integrated within Apex Digital 3.0 enables seamless transition from traditional finance to digital asset management, ensuring compliance across all operations.
The platform, utilizing smart contracts and the Canton Network, automates on-chain collateral management to meet ISDA CSA Initial and Variation Margin compliance, showcasing the revolutionary effect of technology on modern finance.
