Haruko Update: All-in-one digital asset infrastructure solution

4 September 2023
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    We are excited to share our latest newsletter with you. In this edition, we cover how Haruko digital asset infrastructure solutions empower your team, from portfolio management to back-office operations.

    All-in-one infrastructure solution

    As an emerging asset class, digital assets present an opportunity for radical technological innovation and associated outsized returns to early capital allocators. The size of the existing financial market sector provides a deep value pool that is ripe for disruption by blockchain technology, supported by reliable institutional-grade infrastructure. 

    The current state of digital asset infrastructure and liquidity remains fragmented among retail focused CeFi venues and DeFi protocols, with even fewer reliable and unified solutions between them. This makes it challenging for institutional portfolio and operating teams to unlock digital asset return opportunities at an acceptable operational risk level.

    This is why from day one, our mission has been to connect institutional capital to the future of finance. Bridging the gap of reliable technology infrastructure deterring institutional investors from exploring digital asset opportunities. Haruko was founded by a team of traders and engineers with decades of experience across traditional and digital asset markets. We understand your pain points and build solutions to solve them.

    Today, Haruko enables seamless unified connectivity across digital asset exchanges and on-chain protocols, offering a detailed real-time view of all your exposures and risks. Covering spot, futures, options, OTC, loans and NFTs. Our all-in-one infrastructure empowers institutional portfolio, risk, operations and engineering teams to access digital asset opportunities with confidence. 

    Portfolio management and trading

    Institutional portfolio managers and traders deploying capital across digital asset venues and on-chain protocols are seeking to maximise risk-adjusted returns while minimising market and operating risks.

    The key challenge for both systematic and discretionary digital asset portfolio managers is to aggregate and track the entire risk exposures across different venues, protocols, tokens and instruments. The fragmented digital asset landscape makes this task very complex. In addition, the burdensome tasks of fund admin and monthly reporting further detract from the time available for alpha discovery.

    Haruko provides an all-in-one portfolio management solution to unify all your digital asset exposures and activity across 70+ exchange venues and 100+ on-chain protocols. Covering spot, futures, options, OTC, loans and NFTs through a single-point access API or an intuitive and secure web-based platform. Single-point portfolio view to help you capture upside returns, manage equity drawdowns and streamline your reporting. 

    Risk control and compliance

    An emerging asset class such as digital assets presents a mix of well-known as well as novel risk factors that must be assessed and managed by institutional risk and compliance teams. In addition to the market risk, the new blockchain technology and lack of standardisation amplifies the operational risks associated with digital asset investment and trading. The bearer asset form and on-chain transaction irreversibility significantly raise the risks of operational errors.

    The challenge of effective risk management and compliance monitoring is most evident in multi-strategy investment approaches, as this requires a reliable aggregated view of the diverse digital asset portfolio. The nature of fragmented liquidity and inconsistent pricing sources, across CeFi and DeFi, increase the risk of exposure blind spots that may result in significant fund drawdowns. In addition, the 24/7 nature of digital asset markets requires access to real-time and reliable risk monitoring solutions.

    Haruko empowers your risk and compliance team to solve these challenges. We have built a complete solution to monitor and control your digital asset position exposure and transaction risk. It covers real-time delta and exotic risk types across multiple instruments all in one place.

    In addition to reliable risk assessment tools, Haruko enables you to implement pre-trade risk controls via advanced user permissioning, scenario analysis and on-chain transaction vetting. The advanced suite of our post-trade risk control tools covers comprehensive exposure aggregation, custom asset pricing, trade reconciliation as well as valuation and performance reporting. These features along with live exposure, transaction and margin alerts significantly reduce the risks of irrecoverable portfolio drawdowns.  

    Operations and finance

    Operating and finance teams face the challenge of navigating complexities in the digital asset space. The lack of suitable tools, connectivity and time constraints make it difficult for operational teams to perform seamless straight-through processing and reconcile diverse digital asset portfolios in real-time. Manual data entry and spreadsheet-based solutions add to these operational challenges.

    Haruko’s expertise and understanding of traditional asset workflows made the transition smooth while automating data aggregation and connectivity with exchanges and protocols. Our all-in-one platform saves time, reduces errors and offers invaluable resources for operations and finance teams.

    Systems and engineering

    For any digital asset fund, the technology is an essential component of deploying and scaling the investment strategy at the institutional-grade quality. As the early stage teams outgrow their reliance on spreadsheets and retail focused portfolio and risk management solutions, the decision to build, buy or rent will naturally arise.  A decision that will often be made under a tight timeline to meet institutional LP due diligence requirements. 

    The systems and engineering teams are under pressure to deliver a reliable and functional technology solution, under the constraints of knowledge, time and resources. This is not an easy task and often leads to significant compromises. In addition, the ongoing cost of maintaining an in-house system and the associated key man risk further amplify this challenge.

    Haruko provides a leading technology turn-key solution built on deep expertise. Our platform was developed by a team of institutional traders and engineers with decades of experience across traditional and digital assets markets.

    Integrate and build on top of our reliable vertically integrated digital asset infrastructure, all via our secure standardised single-point API, enabling data security by design with our vertically integrated blockchain infrastructure. We also deliver you our continuous technical support via a dedicated Slack channel in your local time zone.

    We hope our best-in-class institutional digital asset solutions will make it easier for your front and back-office teams to stay on top of the all digital asset exposure and  risk, accessed in real-time and all in one place. 

    In other news

    Haruko Singapore TOKEN2049 event with FalconX and BSO

    We’re really looking forward to teaming up with FalconX and BSO for an exclusive event in Singapore to kick off the TOKEN2049 week in style. Bringing together our clients and industry peers for an evening of good food, good drinks and great company in the buzzing city state of Singapore. It promises to be a great evening!

    If you’re in Singapore that week and want to catch up, let us know!

    Haruko shortlisted HFM Asian Services Awards 2023

    Haruko has been shortlisted in the HFM Asian Services Awards 2023! 

    • Best Digital Assets Provider – Haruko
    • Best Innovation Technology Firm – Haruko
    • Best Portfolio Management Software – Haruko

    We are thrilled to share that Haruko is in the running for this prestigious award. Our team has been laser-focused on building best-in-class innovative tech solutions that enhance user experience and enable risk management of digital assets. 

    Thank you for being a part of our journey and helping us shape the future of digital assets!

    Haruko shortlisted for Hedgeweek APAC Digital Assets Awards 2023

    Haruko has also been shortlisted in the Hedgeweek APAC Digital Assets Awards 2023! 

    • Best New Solution Provider – Haruko
    • Most Innovative Solution Provider – Haruko

    We are thrilled to share that Haruko is in the running for this prestigious award. Our team has been laser-focused on building best-in-class innovative tech solutions that enhance user experience and enable risk management of digital assets.

    Thank you all for being part of our journey! 

    In case you missed it: Our recent coverage additions

    We’re updating our coverage list on a regular basis and recent additions include:

    • Ceffu Custody
    • Coinbase International Exchange
    • Dexalot
    • Compound V3

    Don’t forget, you can use our DeFi synthetic accounts to add any protocols we’re currently not listing to complete your risk view.