Metaco, AlgoTrader and Skribble ink customers deals

Customers drive revenues to sustain a business. Swiss startups Metaco, AlgoTrader and Skribble have attracted large customers from the banking and insurance sectors. The partners will integrate the startups’ solutions into their infrastructure to enhance their offering to clients.

Fintech startup AlgoTrader is a global leader in institutional trading technology for digital assets covering the entire trade lifecycle from pre-trade risk checks to order generation, automated settlement and custody reconciliation. By supporting direct market access, seamless custody and core banking integration, and full trade lifecycle automation, the AlgoTrader platform streamlines digital assets trading.

Schlieren based InCore Bank and AlgoTrader entered a new partnership to integrate AlgoTrader’s flagship product, WIRESWARM, to broaden access to the digital asset markets for banks and institutions. A growing number of banks and institutional clients using InCore Bank’s brokerage and custody services for digital assets now benefit from a fully automated 24/7 execution service for a broad number of cryptocurrencies and tokens.

Metaco solutions implemented in Philippines largest bank
METACO is the leading provider of security-critical software and infrastructure enabling financial institutions to enter and capitalize on the burgeoning digital asset economy. Its product, ‘METACO Harmonize’, enables institutions to manage a range of end-to-end digital asset use cases from cryptocurrency custody and trading to tokenization, smart contract management and decentralized finance (DeFi). The startup has signed a deal with the Union Bank of the Philippines (UnionBank) to implement METACO Harmonize to manage UnionBank’s digital asset operations. UnionBank is one of the largest universal banks in the Philippines, with over $15 billion in assets under management. UnionBank’s launch follows the recent opening of METACO’s Asia Pacific headquarters in Singapore, established to ensure that METACO offers best-in-class services to UnionBank and other customers in the region.

Skribble and Consor Universal enter partnership
The Zurich based TrustTech startup is the European provider of electronic signatures with Swiss data protection. It is based on legally regulated standards, including the qualified electronic signature (QES) – the only form of electronic signature equivalent to a handwritten signature before the law. Consor joins Skribble’s customers, including Insurance companies Mobiliar, Helvetia, Korean Re and UNIQA Re. With its underwriting platform Consor Universal, Censor creates modern digital customer experiences and serves industrial and speciality insurers in Switzerland and Germany. In the future, insurance companies will be able to sign directly from Consor Universal with Skribble, thanks to the partnership between the two companies.