End-to-End Kdb+ Trade Surveillance Platform Transformation
To replace a legacy trade surveillance system, a major hedge fund engaged Caspian One to build an agile, end-to-end kdb+ solution. With £5.4 million in funding and a team of six onsite specialists deployed within three weeks, Caspian One designed, built, and tested a high-performance trade surveillance platform in collaboration with the client’s 100-person global team.
Crypto Asset Security
We helped a crypto asset management firm enhance their security controls, maturing 152 ICS controls, carrying out penetration testing and third-party security assessments, and ensuring compliance with their risk appetite, significantly reducing risk exposure and securing Board approval.
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.
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.
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In early 2024, we revamped the outdated IT security systems of a major Canadian bank.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.
Driving High-Performance Time-Series Analytics
We optimised a partner's PySpark benchmark and developed PyKX-based Spark examples, achieving a 10x performance improvement in time-series analytics and reducing TCO, enabling the partner to showcase significant efficiency gains.
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 Market Making
From April 2022 to March 2023, we enhanced the EFX market making and algorithmic trading systems of a Canadian financial institution. Key components included the EFX pricing farm architecture, KDB flow control, static spread control nodes, and a robust UI, boosting efficiency and competitiveness.
Advanced Trading Systems for Ecommodities
In April 2021, we developed advanced trading systems for Ecommodities, delivering key components such as a tradable Passive Sniper Strategy UI, enhanced OMS entitlement validation, and upgraded kdb adaptors for real-time analytics. By March 2022, these advancements ensured improved trading capabilities and operational efficiency.
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.