MiFID II Cash Equities Technology
To meet stringent MiFID II compliance requirements, a leading global investment bank engaged Caspian One to re-engineer their Cash Equities Technology framework. With a total project funding of £17.3 million, Caspian One deployed a team of 35 specialised consultants to work alongside a 420-person internal department.
Scaling Technology for a Rapidly Growing Trading Platform
A leading fixed income trading platform approached Caspian One for help scaling its technology infrastructure to support rapid client onboarding. By augmenting their team with top-tier engineering talent, Caspian One ensured that their internal systems remained scalable and reliable, enabling the platform to continue its exponential growth in the competitive trading space.
Global Data Storage Lead to Director
In early 2018, a leading investment bank needed a VP-level Global Storage Lead for their London office. Caspian One acquired for the bank, an exceptional expert who brought extensive experience in data migration and storage solutions. Their exceptional performance earned them a promotion to Director within two years. Our continued support has ensured resource growth and success, enabling them to drive the bank's storage strategy, manage a global team, and execute significant projects, enhancing operational efficiency and technological advancement.
AWS, Cloud-Centric Deployment
We helped a global hedge fund migrate to AWS Cloud by empowering their development team with new tools, building a scalable platform, and overcoming security concerns and project challenges, ensuring a smooth and efficient transition.
Derivatives Trading Platform
In 2018, we modernised a 20+ year old derivatives trading platform for one of Canada's top financial institutions. This involved decommissioning the current platform, modernizing the bank's XVA systems, and redeveloping the new platform from design to development, delivered under tight budget constraints.
DevOps POD Build for Digital Asset Management Firm
Caspian One supported a Hong Kong-based digital asset management firm in scaling a DevOps team in London to build their core platform, implement monitoring and logging, and enhance automation. Starting with the appointment of a new Managing Director of DevOps, we rapidly sourced and built a team of eight skilled professionals.
Keeping DevOps and Engineering on Track for a Global Reinsurance Firm
Caspian One partnered with a leading global reinsurance firm to deliver managed services across Azure DevOps and Cloud Engineering. Faced with IR35 concerns and internal restructuring, Caspian One adapted the existing team to maintain compliance while continuing to deliver on key infrastructure projects. Their expert management ensured consistent progress and valuable outcomes, despite the firm’s shifting priorities.
Fortifying IT Security for a Leading Canadian Bank
In early 2024, we revamped the outdated IT security systems of a major Canadian bank. Our expert team upgraded data transfers from FTP to SFTP and resolved critical security vulnerabilities. By January 2025, the project will have eliminated all critical security risks and threats for the bank.
Rescuing a Global Transaction Monitoring Platform for Real-Time Risk Management
A leading German investment bank turned to Caspian One to save a high-stakes, £66 million global transaction monitoring platform that had been failing for over two years. Within three months, Caspian One's team was able to deliver initial ROI by capturing and reporting on 80% of GTB risk data.
Bringing State-of-the-Art Prime Brokerage to the US Market
Caspian One collaborated to build a new system for a bank's Global Prime Brokerage business. This 5-year initiative focused on development, automation, and database optimisation while integrating multiple vendor systems and migrating the current Canadian platform, ensuring seamless integration and improved efficiency.
Libor Transition: Enabling Stability Through Financial Change
A prominent financial institution in Canada proactively tackled the Libor transition through a multi-year program led by an expert Program Manager. This initiative developed strategic plans, updated and digitized 50,000+ systems, and remediated documentation, ensuring a smooth transition.
EFX Platform Decommissioning
In 2020, we assisted a European Investment Bank in decommissioning its legacy eFX platform and transitioning to a microservices architecture. The project involved developing a low latency pricing, hedging, and trading stack, and enhancing the Single Dealer Platform, improving planning and governance processes.
OSL Exchange Scalability and Stability
Caspian One partnered with a leading IT service provider to improve the scalability and stability of their exchange platform. By delivering solutions that enhanced the scalability of their UI and FIX connectivity, optimising matching engine performance, and improving system supportability, Caspian One resources ensured the platform could handle growing demand and maintain operational efficiency.
Infrastructure and Service Resilience for Electronic Trading and Client Service Delivery
A leading IT service provider collaborated with Caspian One to enhance the resilience and performance of their electronic trading and client service delivery systems. Caspian One provided full-stack engineering expertise, optimised infrastructure management using Terraform and Ansible, and automated deployment processes. This partnership ensured 24/7 platform availability, improved execution strategies, and faster client onboarding, positioning the provider for continued success and growth.
CEP System Improvements
An experienced IT service provider partnered with Caspian One to address technical debt in their CEP system, which had accrued due to rapid business growth. By implementing performance improvements, enhancing market data feeds, and scaling up the platform, Caspian One ensured the system could meet increasing demand while supporting new clients and liquidity providers. This allowed the client to maintain stability, enhance reporting, and continue their growth trajectory.