Caspian Shortlisted As Most Innovative Firm At Hedge Fund Technology Awards

About Caspian:

Caspian is a full-stack crypto asset management platform tying together the biggest crypto exchanges in a single interface. The platform also offers compliance, algorithms, portfolio management, risk and reporting. Led by an experienced team of developers, and leveraging the capabilities and resources of two existing, successful financial businesses as its co-build partners, Caspian is building an ecosystem that enables sophisticated traders to operate more efficiently and improve their performance.

sumber

For more information, please visit: https://caspian.tech/.

Caspian, the full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated investors, has today announced its partnership with BitMEX (Bitcoin Mercantile Exchange) Bitcoin’s most advanced peer-to-peer trading platform in order to further support and facilitate institutional investment’s move into crypto trading.

BitMEX offers 100x leveraged trading of Bitcoin, Bitcoin futures, and swaps, along with altcoin futures for Ethereum, Litecoin, Bitcoin Cash, and Ripple, and 300% more Bitcoin/USD liquidity than any other platform. Over the last 30 days the average daily trading volume was $3 billion.

Uniquely, BitMEX offers financial products that give retail investors access to the global markets using financial products powered by Bitcoin.

Co-Founder and CEO of BitMEX, Arthur Hayes said: “As our trading engine was built using the same technology used by investment banks and hedge funds, BitMEX employs the latest in multi-factor security, inside and out, making us the ideal partner for Caspian, in their quest to facilitate institutional investment in crypto.”

Caspian is a solution that addresses the needs of sophisticated traders and asset managers by offering a full suite covering the life cycle of the trade. The system enables investors to track performance, stay within their compliance limits, and understand their risk and exposure. The unified trading module enables trading across multiple exchanges and utilise algorithms to reduce slippage and improve performance.

“Our aim at Caspian is to drive exponential growth in crypto-trading participation amongst institutional and sophisticated investors. The partnership with BitMEX will help us to reach out to sophisticated traders in the knowledge that BitMEX employs the latest in multi-factor security — a issue of increasing interest to our target market ” said Robert Dykes, CEO of Caspian.

Interview — Who created Caspian?

Meet Robert Dykes (CEO of Caspian) and Daniel Weinberg (CEO of Kenetic) who share why they created Caspian and what problems Caspian is solving that many sophisticated crypto traders face.

Building a Crypto Trading System for Institutional Investors

We are reaching a crucial point in the history of crypto development. While the general public may be focusing on the headlines about the ups and downs of cryptocurrency markets, the important thing is that the world is watching.

That includes institutional investors, who are increasingly interested in the benefits that crypto could offer their portfolios — to a degree that might have been unthinkable even six months ago. These investors, who have $130 trillion of assets under management worldwide, could have a huge impact on the crypto market, whose market cap remains under $300 billion.

However, many of these investors are still waiting to be convinced to take the leap into crypto. One thing that is still giving many institutional investors pause is the fact that trade management systems in the crypto world simply do not offer the sophistication they are used to in conventional trading. They’ve become accustomed to the support of reliable automated tools, and the prospect of working without those can be a serious roadblock.

As it stands now, cryptocurrency traders are often reduced to using spreadsheets and ad-hoc solutions that offer far less than they need in terms of optimizing trade execution, risk management and audit and compliance.

Solving pain points

Our mission at Caspian is to build a solution to this problem by offering a full-stack crypto trading and risk management platform developed for institutional investors. There are several real pain points that institutional investors face, and in building Caspian, we have focused on relieving these.

Crypto exchange fragmentation

One of the biggest issues for institutional investors is the fragmented nature of the market, requiring them to operate on several exchanges. Often, this forces them to come up with customized ways to deal with the limitations of each exchange — a time-consuming and frustrating exercise. Not only that, but this can lead to liquidity and slippage problems, as even small trades can consume liquidity and cause prices to slip.

Portfolio management

Another huge pain point for institutional investors is portfolio management. Investors face major difficulties in tracking their real time and historical P&L (profits & loss). Our PMS (Portfolio Management System) allows users to see real-time and historical P&L over any time interval, as well as perform real-time monitoring of positions across exchanges and wallets.

Risk management

Then there is the issue of risk. Often, crypto-exchanges lack many of the security features offered by trading platforms in traditional markets — including experienced customer support and risk management capabilities.

Our Risk Management System (RMS) offers fully reconciled positions as well as accurate pricing and valuations, so there is only one view of the portfolio across the firm. It allows users to run simulation-based scenarios that generate risk metrics in seconds, allowing faster and more effective decisions.

Reporting and compliance

Reporting and compliance also present difficulties for institutional investors. They are required to keep extensive records for both internal and regulatory stakeholders, but these outputs are not available on most crypto exchanges. With the multiplicity of exchanges, the challenge only increases.

caspian2018

This is the original post from the @originalworks contest.