Revolutionising Financial Services with a Modern Derivatives Trading Platform
We're revolutionising financial services by modernising legacy trading platforms, ensuring top institutions stay at the forefront of innovation. Continue reading ↓
Did You Know?
Caspian One successfully redeveloped a 20-year-old derivatives trading platform for a top Canadian bank - upgrading their entire XVA system and rebuilding the trading infrastructure from the ground up - all within strict financial constraints.
This story represents Caspian One’s ability to execute large-scale financial technology transformations with precision and cost efficiency. By replacing outdated trading infrastructure with a modern, high-performance system, we enhanced risk management, regulatory compliance, and trade execution speeds for a leading Canadian bank.
Our expertise in XVA system optimisation, platform development, and agile delivery ensured a seamless transition, enabling the client to future-proof their trading operations while staying within budget.
The Challenge
With a derivatives trading platform that had been in place for two decades, the bank faced critical challenges that threatened their ability to stay ahead of market demands:
Performance and Scalability Issues – The existing system lacked the speed and agility needed to handle modern trading volumes
XVA Risk Management Limitations – The bank’s valuation adjustments (XVA) processes required an overhaul to improve accuracy and compliance
Technological Obsolescence – The old system was built on outdated technology, making integration with modern financial applications increasingly difficult
Budget Pressures – With a strict financial ceiling, any proposed solution had to maximise efficiency without exceeding cost limits
Our Approach
Caspian One was brought in to architect, develop, and implement a new, fully modernised derivatives trading platform. We deployed a team of specialist engineers, DevOps experts, and trading system developers to execute a full system decommissioning and rebuild, while ensuring minimal disruption to ongoing trading operations.
Full-Scale Platform Decommissioning – Our team carefully phased out the legacy system, mitigating risks associated with shutting down an integral part of the bank’s trading infrastructure
XVA System Modernisation – We implemented a more robust and accurate XVA framework, improving risk calculation precision and overall financial decision-making
Cutting-Edge Web Interface Development – Using HTML5 and Angular, we built an intuitive, high-performance UI that enabled traders to execute transactions faster and with greater clarity
Agile, Cost-Conscious Delivery – Despite budget constraints, we optimised development cycles to deliver maximum impact without unnecessary costs
The Outcome
By the end of the project, the bank had fully transitioned from its outdated platform to a modern derivatives trading system - one that was faster, more efficient, and better equipped to handle high-frequency trading demands. The revamped XVA system provided more accurate risk adjustments, enhancing the bank’s ability to navigate regulatory requirements and optimise financial strategies.
More importantly, the project was delivered within budget, proving that even the most complex financial technology transformations can be achieved cost-effectively with the right expertise and execution.
What This Meant for the Client:
With their new derivatives trading platform in place, the bank experienced:
A 40% improvement in trade execution speeds, reducing latency and increasing market competitiveness
Enhanced risk management capabilities, allowing for better regulatory compliance and decision-making
Future-proof infrastructure, making it easier to integrate emerging financial technologies in the years to come
Significant cost savings due to an efficient development process that adhered strictly to budget constraints
By partnering with Caspian One, the bank didn’t just replace an old system - they future-proofed their trading capabilities, ensuring they remain at the forefront of financial innovation.
Key Details & Expertise
Keywords: Derivatives Trading Platform, XVA Systems, HTML5, Angular, Legacy System Decommissioning, Web Interface Development, Platform Modernisation, DevOps, Budget-Conscious Development
Primary Areas of Expertise: Application Development, Infrastructure
Secondary Areas of Expertise: Trading System Development, Legacy System Modernisation, DevOps, Web Interface Development
Resource Roles Deployed: DevOps Engineer, Web Developer, Trading System Specialist
Looking for Similar Expertise?
If your financial institution is struggling with an outdated trading platform, slow execution speeds, or high-risk infrastructure, Caspian One has the expertise to deliver scalable, cost-effective, and high-performance solutions. Let’s discuss how we can help modernise your technology.
