Caspian: The Wonderful Crypto Exchange Manager

What is caspian?

Caspian is a platform that can be successfully used to manage cryptocurrencies. It is a cloud-based technology that has all the features needed to manage crypto funds. Caspian is designed to solve the problems facing crypto investors using a single, user-friendly interface.

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 provides institutional and experienced investors with a full-stack crypto trading and risk management platform. Caspian Whitepaper

What are the problems Caspian intend to solve?

Due to the complexity of the number of available cryptocurrencies, the current market poses some problems to the crypto investors. Some of the major problems are.

1. Unreliable trade execution
Cryptocurrency investors face a lot of issues when they want to trade in a professional capacity. One of the major issues is the unreliable trade execution due to the fragmentation of existing crypto exchanges. They try to manage their exchange accounts through different interfaces which tends to be difficult for both individual and institutional investors. This issue of fragmentation also leads to liquidity and causes price to slip.

2. Problem of Portfolio Management
Another problem faced by investors in the crypto world is portfolio management. Investors experience difficulties in tracking their real time and historical profits and loss (P&L).

3. Risk Management (Security challenge)
Crypto exchanges usually lack many of the security features offered by trading platforms in traditional markets. Some of those features include risk management and customer support. This however implies that the crypto fund of investors are prone to loss and theft.

4. Problem of Reporting and Compliance
Institutional investors usually experience difficulties with reporting and compliance. They need to keep extensive records for both internal and regulatory stakeholders. However, these outputs are not available on most crypto exchanges. Coupled with the exponential growth of the exchanges, the problem only increases.

How Caspian would solve the problems

Caspian is a full stack of financial tools that integrates with major exchanges in order to offer users a single place to interact with the entire crypto-space. Caspian would solve all the existing problems with the available products. These products are discussed below:

* Order and Execution Management System (OEMS)

Caspian provides a unified control center optimized for fast trading, which will serve as the main hub for portfolio managers and traders. Caspian's OEMS offers a unified trading interface across exchanges, fast order execution and amending as well as order shortcut management. This allows an individual trader or institutional fund manager to have access to the best rates available across all the markets as well as a broad choice of cryptocurrencies.

OEMS Demo Source

* Portfolio Management System (PMS)

Caspian has a Portfolio Management System that 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.

The OEMS is designed to be light and nimble for fast trading, the PMS record and track every piece of data in perpetuity. This allows an investor to view all of its positions and historical data at any
time. Using these features, users can maintain a complete book of records for a given trading entity and can view the data in real time or historically. Caspian

* Compliance and Reporting System

Caspian Compliance makes life easier for investors by delivering a fully managed, turnkey solution that doesn’t impact trading work flows.

Caspian’s compliance server checks tens of thousands of simultaneous orders against dozens of complex portfolio-based compliance rules with 0.0005 seconds of latency or less and creates a full audit trail for every order, available anytime. Caspian

The Caspianreporting system allows users to utilize, create, format and receive graphical reports on their current trading and position activity in multiple formats (such as PDF or Excel) , providing an easy snapshot of current status. Any report is also available as a web-based dashboard that users can access at any time and manipulate to gain real-time insights. Caspian

Compliance Demo Caspian

* Risk Management System (RMS)

Caspian 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.

Technical summary Caspian WhitePaper

Other Features Available on Caspian

Some other interesting features of Caspian include

* Algorithms:

Caspian builds upon Tora’s algorithm framework and Kenetic’s trading expertise to provide institutional-grade algorithms from day one. Each order can be assigned to a particular algorithm, which can then route slices across multiple exchange venues using Caspian’s smart order routing logic. Caspian WhitePaper

* User-built strategies:

In addition to the predefined complex strategies offered in Caspian’s algorithm suites, end users will have the ability to define their own strategies for managing orders using a simple rule-based language. For example, a user could create an order that executes if the price of an asset increases by 10% or more in an hour. Caspian WhitePaper

* Alerts:

Caspian offers a built-in mechanism allowing clients to configure alerts, which can appear as pop-ups or be delivered as emails. Clients have the freedom to define the conditions under which such alerts are triggered, combining indicators, order parameters, position data, and market data. Caspian WhitePaper

* Reconciliations:

Caspian’s detailed, user-friendly record keeping functions make it easy to perform reconciliations. In traditional finance, the presence of multiple counter-parties, including brokers, custodians, and fund administrators, requires reconciliation among all parties to ensure that all transactions have been carried out as agreed.

Caspian Use Case

Mr. James has been a passionate banker for almost 2 decades. At the same time he is a crypto lover and has been into the crypto business for over 5 years. He knows much about the crypto world. He has persuaded his boss to invest in cryptocurrency either individually or as an institution. The boss always declined due to the administrative tasks it would bring upon him. Here comes Caspian with which he can manage his crypto investments individually or institutionally.

Caspian is jointly powered by TORA and Kenetic, Why TORA and Kenetic?

• TORA is a global platform for equities and derivatives with average monthly notional equity volume over USD 100 billion. It has connectivity to 150+ exchanges with clients in North America, Asia, Europe and Australia. It also has 250 employees worldwide including 190 developers.

• Kenetic is a blockchain firm committed to expanding the development and adoption of blockchain platforms through investments, advisory services, community and technology. It has a world-class team and network of partners and advisors across Caspian's platform of services. Their experienced and diverse team of 40+ people have been leading voices in blockchain and traditional finance communities.

Caspian token (CSP)

The Caspian token (CSP) is an ERC-20 compliant token to be issued on the Ethereum blockchain. The CSP token model has been designed to serve several principal objectives. It is not designed to be necessary to enjoy the base feature set of the platform. Even without the token, clients can use all core features discussed in the preceding sections. Caspian WhitePaper

Some of the benefits for token holders will involve sending tokens to a staking contract. This is designed primarily as a means of accounting for the token balances of active users.

Conclusion

Caspian is providing a unique solution to problems of crypto investors. It allows the investors to manage all the crypto exchanges on only one interface with ease.

Caspian Road Map

Caspian WhitePaper

Caspian Team

Caspian Advisors

Should you need to know more about Caspian, visit Caspian website

You can also watch Caspian videos here

Caspian is also on steemit, you can follow @caspiantech

Caspian is on other social media, Caspian Telegram; Caspian Linkedin; Caspian YouTube

For more information and resources:

Caspian Blog
Caspian Events
Caspian News
Caspian Management

Caspian Offices

• Hong Kong: 20th Floor, The Wellington, 198 Wellington Street, Central, Hong Kong. Tel +852 3983 5000; Fax +852 3016 2074

• Tokyo: KDX Kojimachi Bldg 2nd floor, 3-3-4 Kojimachi, Chiyoda-ku, Tokyo 102-0083, Japan. Tel +81 (3) 4550 2760; Fax +81 (3) 4550 2761

• San Francisco: 1440 Chapin Avenue, Suite 205 Burlingame, CA 94010, USA. Tel +1 650 513 6700

• Jersey: De Carteret House, 7 Castle Street, St Helier, Jersey, JE2 3QA, UK. Tel +44 1534 752 952

• New York: Bryant Park, 54 West 40th Street, New York, NY 10018, USA. Tel +1 212 729 8844

• Singapore: 9 Raffles Place, Level 18, Republic Plaza II, Singapore 048619. Tel +65 6823 6804; Fax +65 6491 5920

• Cluj-Napoca: 1 N. Iorga Street, 400063, Cluj-Napoca, Romania

• Sydney: 167 Macquarie Street, Level 13, Sydney, NSW 2000, Australia. Tel: +61 2 8188 4231

Caspian Video