CASPIAN offers a full-stack crypto asset management solution that integrates order and execution management, portfolio management, and compliance tools within a unified platform. This technology enables institutional investors to efficiently manage and trade across various digital assets while ensuring regulatory compliance and optimizing transaction costs.
Funding
$2.9B raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Institutional investors face challenges in efficiently managing and trading diverse digital assets across multiple platforms while maintaining regulatory compliance and optimizing transaction costs. Existing solutions often lack integration between order management, execution, portfolio management, and compliance tools.
Solution
LSEG TORA provides a cloud-based, multi-asset, front-to-back-end trading solution designed to streamline crypto asset management for buy-side firms. The platform integrates order and execution management (OEMS), portfolio management (PMS), and risk management (RMS) within a unified interface. TORA connects to major crypto exchanges and OTC providers, offering access to a suite of sophisticated crypto trading algorithms, real-time and historical P&L tracking, and exposure monitoring. The system supports straight-through processing (STP) and facilitates pre- and post-trade transaction cost analysis (TCA) to optimize execution strategies and meet regulatory requirements like MiFID II.
Target Audience
The primary target audience includes institutional investors, hedge funds, asset managers, proprietary trading firms, and trading desks that require a comprehensive solution for managing and trading digital assets and other financial instruments.
Features
- Multi-asset class support including global equities, fixed income, FX, derivatives, and digital assets
- Integrated OEMS, PMS, and RMS for streamlined workflows
- Connectivity to a broad network of brokers and venues via TORA FIXNet and other major FIX networks
- Access to over 500 broker algorithms and a proprietary pairs trading algo suite
- Real-time positions and P&L monitoring with customizable dashboards
- Pre- and post-trade TCA with AI-powered broker execution strategy recommendations
- Comprehensive compliance tools including automated limit checks and restricted trading lists
- Support for various order types including basket orders, pairs orders, and parent/child orders
- Integration with ChartIQ for advanced charting and visualization
- FIX API and WebSocket API for systematic trading
- Stock borrow eLocate functionality
- Full General Ledger and Shadow Accounting reports