Caspian Delivers the World's First Full-Stack Crypto Asset Management Solution for Institutions

in #caspian20186 years ago

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Source : google

The adoption of cryptocurrency has been growing over the past years. Trading, exchanging and keeping them safe is the no 1 priority for the users who have Crypto at their possession. While the no exchanges are as well increasing for the better use of Traders which are giving them options and better use of performance.

Now we all have various accounts in different exchanges and keeping track of them could be a pain sometimes thus resulting in stress as well. There comes Caspian with a solution that we are going to know about today.

What is CASPIAN ?
It is a Cloud based Technology platform which will provide everything that the user needs in order to manage your Crypto Profile.

Investors, Asset Managers and Traders have to go through each and every exchange that they are listed in, in order to have access and regulate their cryptocurrencies. It thus acts as a barrier for individuals and institutions who could get on board with the growing economy. The Caspian is the solution for those problems.

How will having access to all your portfolios in one place make it more convenient to manage assets ?
It is a initiative of the CASPIAN to access your Portfolio in one place in order to make it time saving and all the compares, selling, buying and in exchanging will be easier and you will be able to get the right price comparing them all in one place. Which is something innovative and in way a great idea of Caspian.

Caspian will target the three functions for the best usage for the adoption of Individuals and Institutions

Available Solution And Inherent Problems

Tab Trader Mobile App
For a good number of times, tab trader app was used by millions of traders because of it ability to provide spot prices of coins and tokens as it changes on different exchanges. It allow users to trade using accessible data from different exchanges in form of API (Application Programming Interface).

Problems
I. In-app trading tools are not sufficient enough for professional and advanced traders.
II. No web interface to interact with and the application have only one point of failure
III. Traders must open and close their position on multiple exchanges.
IV. No Order and Execution Management System (OEMS), it makes trading activities feel cumbersome to investors.

Without doubt, jumping from one exchange to another will reduce traders' productivity and profit. Risk and position management is made difficult because of multiple exchanges. Due to the fact that it is a big task to harmonize the outputs of various exchanges, having good report and compliance requirements can stand in the way of investors.

Caspian's Solution

Caspian is the brainchild of reputable institutions (Tora and Kenetic), it is a platform created to increase interoperability and connectivity across several cryptocurrency exchanges. It gives investors opportunity to analyze their trades using compliance and reporting functionality without signing into multiple sites.
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Caspian will provide traders with management tools like Position Management System (PMS), Order and Execution Management System (OEMS) and Risk Management System (RMS).

Project Road Map
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Page 19 of whitepaper

Benefits of Being Able To Set Limits and Alerts
As one who have mentored several people on digital asset exchange in last two years, order limits and alerts are primary factors to be considered in selection of exchange. Without alert, traders will miss out of good positions. Without flexible orders, investors can lose funds or entire asset due to market volatility. The benefits of Caspian can be categorized into three;
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  • Position management
  • Execution and
  • Compliance

Execution
Caspian unified control center is well optimized for fast trading, this is a huge benefit to traders and fund managers. This is design to cater of users need in cryptocurrency ecosystem. With single interface, you have access to major digital asset exchange, SOR (Smart Order Router), live price actions in each exchange. Also, you can set buy and sell order in multiple exchanges, use messaging services in those exchanges, then view and manage margin across them. Read more about Smart Order Router on page 11 of the whitepaper.

Position and Risk Management
Caspian tools allow users to fully monitor risk and positions using tested and trusted tools. This allow managers to maintain consistent record of trade actions, the tool is designed to track every piece of information. When reliable data is available, traders can have a bird eye view of their historical data, and informed decision would be made.

Compliance and Reporting
This tool offer extremely low latency, good functionality and framework. It is designed in a way that multiple levels of limits are effectively implemented.

Alerts
This is a tool that allow users to configure alerts, which can be sent via email or pop-ups. Alerts can be programmed so it will trigger at various conditions, indications and parameters.

Shortcomings of Managing Assets In Multiple Exchanges
For a trader to be successful, he must be productive. Productivity is not achievable without good time management. Now, how is it possible for a manager to save time when assets are scattered all over multiple exchanges? Navigating through tabs is a huge task, it should be avoided, now that Caspian has arrived the scene. Poor time management is actually one of the demerits of trading in many exchanges.

Low liquidity is another problem. Only top 10 out of over 200 exchanges can provide reliable liquidity, so this is a big problem that big investors would face.

Lack of adequate trading tools. Currently, users depends on external tools offered by trading view and similar websites, many advanced technical analysts do not find it so easy to chart using old and unreliable tools offered by old exchanges.

Final Thought
Caspian is not designed to disrupt anything in exchange system, rather, it aims to harmonize all of them. A single trading tool for all of exchanges means more volume for them as trading activities increases across the world.
Many exchanges offer tokens through ICO to raise funds, but this is this first time a company is offering what we can truly refer to as utility token on ethereum blockchain.

Additional Use Cases

  1. Every blockchain project developer is aware of barriers involved in listing their coins/tokens on exchanges, especially the top ones. Caspian can actually reduce or eliminate this barrier by forming alliance with other exchanges in a way that assets that are listed on Caspian are automatically listed in partners exchanges.

  2. CSP can be used in supporting educational services on video host websites like Youtube. For instance, professionals can be rewarded for creating quality video that will enlighten people about trading and how to use Caspian. These contents will become exclusive property of Caspian and they can be made available in the blog, which is going to be a subdomain of https://caspian.tech/.

Here is just an overview of the coming project.
The compliance Window
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The Price Alert
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Using thePMS interface, to view all balances across all exchanges in one place
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Here is the Demo Trailer in form of Video


source: Caspian Website

Report
One of the additional features that will be liked by most users is the report system of CASPIAN

News is the thing that defines the market nowadays and reports acts as a vital point out in here. So Caspian will allow their reporting products which will allow users to use, create and receive graphical reports in various formats. Which will allow investors to get a hold of the current situation.

Conclusion
In my opinion it is a nice project if it gets implemented than it sure will have a great impact in the world of cryptocurrency and will be a time savor and will take trading to a higher level of improvement and much more investors will probably get in in Caspian to try it out and thus the increase in potential of the whole Crypto World.

Some important websites that can be of use in case if you want to get a look into its core team and future aspects of Caspian.

The Team
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Caspian2018

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