IHS Markit Partners with METACO to Manage Digital Assets

IHS Markit has partnered with METACO, a provider of security software, to provide a single multi-asset platform for financial institutions to manage digital assets alongside traditional assets. As part of the mandate, IHS Markit’s Securities Processing solution will be integrated with METACO Harmonize, a secure digital asset solution that secures, automates and standardizes trades, settlements and corporate actions lifecycles. The IHS Markit Securities Processing solution enables clients to replace multiple applications and discrete processes with a cloud platform and integrated post-trade framework, while METACO Harmonize enables institutions to securely manage any end-to-end digital asset use cases — from cryptocurrency custody and trading to tokenization, smart contract management and decentralized finance. The two solutions will work together with assistance from IHS Markit’s Integrated Message Bridge (IMB). METACO Harmonize is designed to transform the complexity of working with multiple self-custody providers, custodians, and other solutions into an end-to-end secure stack with full distribution of all processes to mitigate points of failure.