Caspian - manage all your digital asset exchanges, efficiently and effectively, albeit, via a single interface
Introduction:
Digital assets continue to plunge themselves into our world. I mean, it was just 2009 when Bitcoin was introduced. But its 2018 now, and we have numerous cryptocurrencies all over. The growth in the number of cryptocurrencies ultimately created a proportional growth in the number of cryptocurrencies exchanges.
The number of crypto exchanges continue to increase daily, and this poses a barrier to Investors, asset managers, and/or traders. These barriers includes: Fragmentaion, Unreliable trade execution, and Lack of security.
Fragmentation:
Since the number of crypto exchanges continue to increase, fragmentation among these crypto exchanges is also on the increase. This fragmentation poses a barrier, since investors, traders, and/or asset managers have to comb through these said crypto exchanges, before they can find the crypto exchange that deals in the specific cypto they want to trade with. This requires time, and a whole lot of resources.
The fragmentation of crypto exchanges make it difficult for the compliance of regulations. I mean, these crypto exchanges are doing their own thing independently, so why should they adhere to regulations of other crypto exchanges.
Also, the fragmentation of crypto exchanges also means that investors have to watch every crypto exchanges simultaneously on a real time basis, so that they can be privy to current information. If you ask me, this is almost impossible.
Unreliable Trade Execution:
One would think that since the number of crypto exchanges is high, trading in crypto is supposed to be reliable, however this is quite opposite of what is obtainable. Most crypto exchanges start out as small businesses, and soon after, they begin to experience immense growth, since the crypto market is growing. However, these crypto exchanges mainly deal with low volume trading and this results in high consumption rate of liquidity and inturn, prices of cryptos tend to be considerably low than the current market price. When these crypto exchanges are hit with high volume trading, outages begin to occur Check out this article made in November 2017. When these outages occur, users can’t access the crypto exchange, this leads to tension, as most of these crypto exchanges lack customer care support.
Lack of Risk Management:
It is a known fact that crypto exchanges are prone to hacks, and this has led to the loss of funds over time. However, even with that known fact, there exists, no risk management for users of these crypto exchanges and this is quite opposite to what is found in our traditional exchanges platform. If you ask me, this is unfair.
We have seen the barriers which investors and users of cryptos face when it comes to trading. However, there is a silver lining, as CASPIAN is here to nip these barriers in the bud once and for all.
CASPIAN:
CASPIAN is a platform that solves all the issues investors face while trading cryptos. CASPIAN achieves this by ensuring interoperability and connectivity between existing crypto exchanges. CASPIAN can be regarded as jar containing cookies (crypto exchanges), however, the cookies in this jar interact with one another.
CASPIAN is a joint venture between Tora Trading Services Limited (and its affiliates, “Tora”), a global leading cloud-based front-to-back technology provider to buy side institutions; and Kenetic Trading Systems Limited (together with its affiliates, “Kenetic”), a leading blockchain and cryptocurrency investment firm.
It should be noted that CASPIAN is not interested in competing with current crypto exchanges, instead, it is interested in ensuring that digital assets are traded in an effective and efficient manner between a large pool of users.
With CASPIAN, I have access to all the digital asset exchanges I am involved in, and I enjoy the following features from CASPIAN:
CASPIAN Order and Execution Management (OEM) System:
As a user of CASPIAN, I gain connection to all major digital asset exchanges can select some major digital asset exchanges via the OEM system. With the OEM system, I also get to trade and manage all my digital assets across different multiple digital asset exchanges just by “clicking”. With this product, I get updated with market data, and I can customize them to my taste. Also, my orders are executed and/or amended at a very fast rate, while all my activities on the OEM system are also recorded as audit reports.
CASPIAN Compliance:
With this feature, I can set limits to the orders I create, before and/or after they are executed. Pre-trade limits are limits that must be complied with before my order is executed. There are 3 levels to pre-trade limits, warning limits(I can override this), approval limits (this requires a supervisor to approve the order, before it is executed), absolute limits(can never be overridden). Post-trade limits are only complied with after the execution of my order, for example, alerts. All breaches of the limits are recorded.
With the ability to receive alerts, I am sure to be update on all information/activities going on in any of my portfolios on a real time basis. Also, with the ability to set limits, I can be sure of any and all decisions, before I take them.
CASPIAN Reporting:
With CASPIAN, I can create, use, edit, get different reports such as trace files, audit reports, compliance reports, etc via a web-based tool. All my reports would also be available on a dashboard online. This would enable me to have access to them at any moment, and it would also enable me to have real-time information on my funds/assets.
CASPIAN Algorithms:
When I make an order with CASPIAN OEM, an algorithm is attached to my order. This algorithm ensures that my order are sliced (this is very helpful when my order is large) and then each slices of my orders are routed to different digital asset exchanges via the smart order router. The Smart order router (SOR) ensures that my orders are executed optimally. I can also create my own defined algorithm that would make my order to execute only under specific conditions. For example, I can create an algorithm that would make my order to execute if, and only if STEEM rises by 5%.
CASPIAN Risk Management:
CASPIAN records all my activities, hence it is very easy for me to perform reconciliations all digital asset exchanges that I am involved in. Thus I can manage risk on a real-time basis. CASPIAN also helps me to run simulation-based scenarios that enables me to make efficient, effective and fast decisions. With this feature, I can monitor all my positions on the various digital asset exchanges I am involved in, thus I can do a quick comparison on my positions on the various digital asset exchanges. Reconciliation is also done for me via the CASPIAN’s auto reconciliation, thus, my position at a digital asset exchange would definitely match my position in CASPIAN.
CASPIAN Portfolio Management System:
With this feature, I get to monitor all my positions on the various portfolios (digital asset exchanges) in just one place. All historical information about each portfolios are also tracked and stored for me, so I have access to them at any given time. Thus, with this product, I am sure of any decision I make.
CASPIAN Architecture:
CASPIAN is cloud-based, and it is built around a microservice architecture, and thus it’s functionalities can be accessed via thin UIs and APIs. With this microservice architecture, CASPIAN can accommodate numerous solutions ranging from private clouds to large public clouds.
To manage each aspect of the system, CASPIAN makes use of distinct service. Each distinct service has a dedicated communication channel, personal API, and built in protocol for it’s data subscription.
CASPIAN services can be configured to run in two manners. Either they are configured to run in dedicated process, or they are configured to run as several process that are related and bound unto one single process.
Advantages of using CASPIAN:
User friendly:
With CASPIAN, you are not bother about the software and hardware integration. All you do is the primary objective of managing your digital assets, albeit just by “clicking”.
High rate of Performance:
CASPIAN is capable of handling large volumes of data, while ensuring that these data have low latency on when sent to or received from digital assets exchanges. Infact, CASPIAN can handle an amount of 50,000 orders and 400,000 executions per day per users. This is not all, as CASPIAN also has a throughput of 2,500 orders per second.
Scalability:
CASPIAN is highly scalable. This is due to the fact that CASPIAN separates data and communication channels into two different spaces, and then partitions them for each users.
Reliability:
CASPIAN is reliable for a lot of reasons. Some of these reasons includes, CASPIAN has no single point of failure, as an instance is always on the standby to take control over any failure, CASPIAN always directs request to the least contended gateway, hence no gateway is choked up with requests. These reasons and many more are why CASPIAN is reliable.
Security:
CASPIAN is very secure. CASPIAN ensures that all connections are encrypted. And, access to the back end services is restricted to only authorized people. Hence security is assured with CASPIAN.
Support:
Unlike other platforms, CASPIAN has customer supports. Any issues can be directed to the CASPIAN’s support team, and you can be sure that these issues would be handled immediately with no delays.
Flexibility:
CASPIAN is flexible and would support the addition of past, present and future digital asset exchanges platform.
Transparency:
CASPIAN records any and every activities done on the platform. Hence you are sure to get transparency. Regardless, your privacy is also respected.
Use-Case:
Osadolor wants to get involved in the cryptocurrency world, however he is scared of the technicalities involved with managing digital assets. Ovie introduces him to CASPIAN and Osadolor immediately starts to use CASPIAN.
With CASPIAN, Osadolor gets to be involved in the crypto world, and he manages his digital assets efficiently and effectively. Osadolor also attracts new use into the crypto world.
Conclusion:
With the ability to manage all digital asset exchanges on one platform, CASPIAN has literally opened the door of the crypto world to new users that were scared of the stress of managing multiple digital asset exchanges.
Hence, with CASPIAN, we are sure to witness a large and continual influx of new users into the crypto world.
More Information & Resources:
Caspian Website
Caspian WhitePaper
Caspian SteemIt
Caspian YouTube
Caspian Telegram
Caspian Videos
Caspian Blog
Caspian Events
Caspian News
Caspian LinkedIn
Caspian Management
An image of the compliance window:
An image of an example of a compliance report:
An image of the compliance alert
Compliance Demo:
An image of the position management window:
Position Management Demo:
An image of the order window:
Order Execution Management Demo:
Introduction Video:
The CASPIAN Team:
The CASPIAN Advisors:
The CASPIAN Partners:
The CASPIAN 12months provisional roadmap:
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