Talos Empowers Institutions to Trade Digital Assets
Trading digital assets presents operational complexity for institutions. Talos provides a single gateway to digital assets.
Trading digital assets presents operational complexity for institutions.
As a growing number of buy-side institutions are looking to gain exposure to digital assets, they are quickly realizing the challenges of accessing this complex ecosystem. Countless trading venues, inconsistent standards for connectivity and inadequate tools are creating inefficiencies and risks for institutions trying to establish and maintain digital asset operations.
Talos provides a single gateway to digital assets
In response to these challenges, Talos has built the premier end-to-end trading platform and service provider network to simplify access for institutions to this asset class through a single point of entry. One interface connects institutions to their chosen providers for data, liquidity, prime brokerage, custody and more.
Through a user-friendly graphical user interface (GUI) or a powerful application programming interface (API), clients can access Talos’s advanced trading tools and orchestrate workflows across the entire digital asset trade lifecycle – from pre-trade price discovery to execution and post-trade settlement.
Unlike early trading platforms that were predominantly designed for retail customers, Talos, founded by TradFi-experienced engineers who developed many of the institutional trading systems used for traditional assets, built a sophisticated trading platform and an expansive network of service providers specifically for institutions to trade digital assets. This allows Talos, for example, to aggregate liquidity for users across their exchanges and OTC desks into a single interface, and then leverage advanced execution algorithms and smart-order routing against this liquidity to help achieve best execution.
Talos continues to evolve
Since its inception in 2018 by co-founders Anton Katz and Ethan Feldman, Talos has grown rapidly, across client types and geographical reach, with offices in New York, London, Cyprus and Singapore. In 2022, Talos surpassed the $1 billion valuation mark, spending the industry’s recent turbulent years by focusing on its mission to provide institutions with a comprehensive and trusted digital asset trading platform. In 2023, Talos continued to introduce a number of enhancements to its capabilities and network.
Highlights include:
● Through its acquisition of D3X systems, Talos expanded its capabilities deeper into the pre-trade portfolio management realm with advanced client-driven portfolio engineering tools for systematic investors.
● Talos launched options trading on its platform, integrating with Deribit, one of the world’s largest crypto options exchanges.
● Talos introduced decentralized finance (DeFi) liquidity and on-chain settlement to institutional traders through integration with Uniswap, the deepest liquidity venue in DeFi.
● Talos released new algorithms including a Percent of Volume algo as well as a Multi-leg Spread Trader algo to facilitate various pairs trading strategies.
● Talos launched an advanced analytics interface directly onto its platform that displays in-flight executions as well as post-trade transaction cost analysis (TCA) that can be drilled down to the strategy, order and venue level.
● Talos continued to build out tools for treasury management and settlement, enabling institutions to efficiently manage credit and working capital.
● Talos successfully completed SOC 2 Type 2 certification, achieving the gold standard of security for its trading platform.
● Talos expanded its provider network to include prime brokers, portfolio management systems (PMS), risk management systems (RMS), fund administration and reporting providers, and settlement networks. The firm provides connectivity to FX, spot, futures, perpetuals and options trading venues. To date, Talos has completed over 60 integrations.
In 2023, Talos was named “Best Digital Assets Platform by a Vendor” by The Digital Banker and “Best Trading Platform” in the Hedgeweek Digital Assets Awards (US and APAC) affirming the global impact of the Talos platform, and celebrating the ongoing commitment of the Talos team in building the financial systems of tomorrow.
Building the future, today Talos is more than an order and execution management system. Talos is a full suite of modular software and connectivity solutions that power the different workflows among institutions involved in digital assets trading. Moreover, Talos is a driving force shaping the evolution of financial services. By building the connective tissue of the digital asset ecosystem, Talos is laying the groundwork for a future where all assets will be digital assets.
Talos Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions. For information about which services are available in your jurisdiction, please reach out to sales@talos.com.