Collection: Success Stories

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.

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.

In Poland, a globally acclaimed investment bank needed to address a niche engineering skills gap and diversify its technology teams. We provided a detailed insights report and a flexible pricing model for resource augmentation, scaling to 45 resources within four months, achieving a 20% diversity ratio, and extending the initiative to other regions like Asia and the USA.

In November 2023, we enhanced the OMS systems of a European bank by developing a consolidated orderbook adapter for a unified risk view and a FIX adapter for streamlined client order submissions. These enhancements allowed traders to transition smoothly to the new OMS, improving operational continuity and setting the stage for future growth.

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.

In 2022, we helped a bank address trade processing delays by implementing a capacity test system for their OMS. The project concluded in August 2023, resolving the delays and ensuring future scalability and operational efficiency, significantly enhancing the bank's ability to handle increasing trade volumes and maintain a competitive edge.

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.

A leading investment bank in Toronto needed a VP of Kdb for their FICC low latency trading team, requiring expertise in kdb, Python, and Java, and a strong financial services background. Caspian One sourced 24 experts, shortlisted 15, and facilitated nine interviews, leading to a successful acquisition. Starting in April 2023, this resource has contributed to core platform solutions and immediately supported business needs, demonstrating our capability to meet complex, specialized hiring demands.

In late 2018, a prominent investment bank sought a VP-level Technology & Cyber Risk Specialist for their London office. Caspian One sourced an expert with extensive experience in technology risk management and regulatory compliance. The professional's impactful contributions led to significant enhancements in the bank's cyber risk governance and technology compliance frameworks. Our ongoing support has fostered their growth, with the specialist now serving as Vice President of Technology & Cyber Security, driving critical initiatives and ensuring robust risk management practices.

A leading investment bank in Toronto needed to implement Kdb for the first time to enhance its FICC Low Latency Trading technology. Caspian One secured a project lead and built a robust team around them, two specialist resources including a VP of Kdb. This team has successfully integrated kdb, enhancing the bank's trading operations with faster and more efficient services. This strategic change has significantly boosted banks' market responsiveness and competitive edge. 

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.

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.

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.

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.

A global investment management firm sought to expand their Enterprise Solutions team with a Dynamics 365 and Power Platform expert. They partnered with Caspian One, who quickly sourced and placed a highly skilled consultant. This expert helped the firm enhance reporting, automate processes, and empower their business units to become more self-sufficient, driving innovation across the organisation.

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.

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.

For nearly a decade, Caspian One has partnered with a top American investment bank to provide complex trading technology services. In 2022, we secured a critical Risk Viewer project by outshining nine other vendors. Our team enhanced the platform's performance, ensuring a smoother trading process and demonstrating our commitment to quality and cost-effectiveness. 

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.

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.

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.

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. 

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.

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.

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.

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. 

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.

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.