Trading & Execution
Electronic trading, algo workflows, execution quality, routing and venues.
Capital Markets
Digital Assets & Tokenised Markets
Digital assets, run to the same institutional standard as any other market.
Overview
Digital-asset markets are becoming institutional infrastructure: regulated exchanges and custodians, banks building digital-asset capability, funds adding digital-asset mandates, and tokenised securities settling on distributed ledgers alongside conventional rails. The firms doing this work need what any markets business needs — venue integration, custody and settlement operations, trading controls, financial-crime monitoring and platforms that hold up.
That is where we work. The disciplines transfer directly from conventional markets: connecting to venues and custodians, designing settlement and asset-safety operations, calibrating surveillance and trading controls, and delivering the platforms behind them. We have published research on tokenised securities and apply the same institutional standard to digital-asset engagements as to any other market.
Clients are regulated institutions and the firms building regulated capability. In Europe, MiCA has brought digital-asset service providers inside a licensing regime, and the operational standard the market expects is rising with it.
What we do
Connecting to digital-asset venues and custodians is the same discipline as connecting to any market: interface specification, testing, reconciliation and operational readiness. We build these integrations with the controls the asset class adds — address management, confirmation, asset verification.
Asset safety is the core of institutional digital-asset operations: key and wallet governance, segregation, settlement confirmation and reconciliation between ledger and books. We design these operations so daily processing is routine and the safeguards are evidenced.
Digital-asset trading needs the same control set as any venue-traded market — pre-trade limits, surveillance, execution-quality measurement — calibrated for fragmented venues and continuous trading. We build and tune these controls from established markets practice.
We design and implement monitoring across digital-asset and conventional flows: screening, transaction monitoring and the investigation workflow behind alerts, integrated with the firm's existing financial-crime framework so one picture covers both.
We have published research on tokenised securities and work with firms designing issuance, custody and settlement for tokenised instruments — including how DLT settlement sits alongside conventional rails, and what the operating model needs before volume arrives.
Exchange, custody and treasury platforms for digital-asset businesses are selected and delivered the way we deliver any trading platform: tested against the actual business, integrated with risk and finance, and cut over with parallel run where the operation allows.
What to expect
Engagements are run by practitioners from conventional markets who treat digital assets as a market like any other: the same delivery discipline, the same control standards, the same evidence. Work starts from what your institution already runs — custody, settlement, surveillance, financial crime — and extends it to the new asset class, so one framework covers both.
Engagements are scoped for regulated institutions and firms building regulated capability.
01
Assess
Establish the current state, the constraints, the risks and the value at stake.
02
Define
Shape the target model and the business case with the executives who own the outcome.
03
Mobilise
Stand up the team, the plan and the governance around the outcome.
04
Implement
Design, build and test the change, with the business alongside.
05
Sustain
Cutover, hypercare and handover, so the business runs it under its own control.
The same five stages on every engagement, led by senior practitioners end to end. How we work
Insights
Related thinking.
Get in touch
Talk to a Partner about Digital Assets & Tokenised Markets.
Tell us what needs to change and where the pressure or risk is showing.