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Description

Establishing a robust liquidity framework for decentralized finance (DeFi) is essential. The advent of high throughput blockchains has paved the way for innovative financial structures. Ellipsis Labs is developing Phoenix, a fully on-chain, decentralized limit order book on Solana that operates in a non-custodial and crankless manner. Serving as a composable liquidity hub, it acts as a public asset beneficial to the entire DeFi ecosystem. This allows developers to create additional on-chain applications that can either contribute liquidity to or withdraw liquidity from this central liquidity source. Automated Market Makers (AMMs) often depend on unsustainable liquidity incentives or force retail liquidity providers to incur losses continuously. With Solana's capabilities of high throughput, rapid block times, and minimal transaction fees, decentralized exchanges (DEXs) on this platform can facilitate effective liquidity provisioning. As a result, professional market makers can offer tighter and more substantial liquidity while maintaining profitability and sustainability. One of the key features of Phoenix is its instant trade settlement, eliminating the need for an asynchronous crank, a common requirement for existing order books on Solana. This innovation positions Phoenix as a game-changer in the landscape of decentralized trading.

Description

Many of the core banking systems currently in use were developed in the 1970s, resulting in significant challenges when it comes to integrating with new technologies. Newer core vendors have not yet established their credibility in terms of both range and dependability. At the same time, consumers are increasingly looking for products and services that adapt to their evolving demands. Fusion Phoenix stands out as a premier core solution; it is a contemporary system built entirely on Microsoft technology. This is crucial because it ensures that Fusion Phoenix can seamlessly connect with emerging technologies due to its innovative open API architecture. Such flexibility enables financial institutions to quickly leverage new trends and seize opportunities with enhanced efficiency. Designed specifically for community banks and credit unions, Fusion Phoenix caters to those who are planning not only for the present but also for the future. By choosing Fusion Phoenix, these institutions can remain competitive in an ever-changing landscape while fostering growth.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Banker's Dashboard
IQService
Kinective Bridge
LawTrac
Microsoft Azure
Rust
SkyStem ART
Solana
TypeScript

Integrations

Banker's Dashboard
IQService
Kinective Bridge
LawTrac
Microsoft Azure
Rust
SkyStem ART
Solana
TypeScript

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Ellipsis Labs

Website

ellipsislabs.xyz/

Vendor Details

Company Name

Finastra

Founded

2017

Country

United Kingdom

Website

www.finastra.com/solutions/fusion-phoenix

Product Features

Product Features

Banking

ATM Management
Compliance Tracking
Corporate Banking
Credit Card Management
Credit Union
Investment Banking
Multi-Branch
Online Banking
Private Banking
Retail Banking
Risk Management
Securities Management
Transaction Monitoring

Alternatives

Alternatives

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