Been there done that knowhow
Hyphe’s Fluid-Integration process is built upon our knowledge and understanding of financial institutions, plus depth of experience with digital currency markets, trading, custody and regulation. After a rapid feasibility assessment, there are five steps to take.
Book a free feasibility assessment
Let’s discuss the best-fit integration for your institution.
Get in touchPrime-Access
Still got questions about Hyphe’s trading API? Take a step back for the detail.
Getting into the details
We’ve been busy making digital currency more accessible since 2013, and have gathered plenty of insight along the way. If your question remains unanswered, we’re always happy to help.
What’s the IT effort involved in integrating Hyphe’s Prime-Access API?
Our standard API is well documented and easy to integrate into existing trading systems. It can take an internal IT resource as little as 3 days to integrate. Of course, we also provide clients a fully customisable option. This means we can connect to any trading system or core banking software you’re already using, including proprietary trading solutions. We can also do the integration work for you, working alongside your internal IT team.
Does Hyphe work with preferred custodians?
We’re open to working with any viable custody solution, both internal and external. If you already have a provider, we can work with them; if you don’t, we can help you select the right partner. In that case, our advice is truly impartial, since we do not earn commission from custodians. We only refer those that we trust to deliver a great service, selecting from our existing shortlist based on your specific needs.
What’s the FTE commitment required to operate the platform?
Once the Fluid-Integration process is complete, and assuming your institution already operates a trading function, there’s not necessarily any need for additional FTE. Provided payment flows are automated and volume remains manageable for the compliance team. We can always discuss internal resource requirements further as part of a free feasibility assessment.
If we don’t store funds with you, why do we need to arrange settlement?
It’s true that our clients do not need to prefund any accounts, as they would with a digital currency exchange. But trading together we can still expect there to be price movements which will result in profit and loss, and the difference needs to be settled. Settlement can be arranged to suit your specific protocols and requirements, but should be completed within 3 days of a trade to avoid being classified as a deposit.
Does Hyphe provide outsourcing?
No. Hyphe’s services do not qualify as outsourcing. We work with our clients under a straightforward trading contract, negotiated and agreed separately with each new client. Part of our mission to provide easy-access liquidity.