Haruko enhances institutional crypto options risk management with Deribit partnership

31 October 2023
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    LONDON, UK – 31 October 2024

    Haruko, a trusted leader in the institutional digital asset infrastructure space, and Deribit, the world’s leading crypto derivatives exchange, are delighted to announce their strategic partnership – combining the best institutional risk management solutions with the deepest liquidity in the global crypto options market.

    Haruko’s partnership and integration with Deribit is part of the firm’s efforts to deliver best-in-class portfolio and risk management infrastructure solutions to enable the safe and seamless deployment of institutional capital into the digital asset ecosystem.

    Notably, this collaboration enables aggregated risk view and seamless pricing of vanilla and exotic crypto options with advanced volatility surfaces marked directly or calibrated to Deribit’s market prices. Haruko also enables a real-time scenario analysis on single or multi-leg options products, with the ability to book complex options trades and run detailed options P&L and risk exposure reports broken down by the Greeks and maturity dates.

    Together, Haruko and Deribit are building a trusted digital asset infrastructure, empowering institutional investors to deploy capital with confidence.

    Speaking about the partnership, Shamyl Malik, Founder and CEO at Haruko, expressed with enthusiasm:

    “We are thrilled to partner with Deribit, a world-leading options market exchange. From day one, our mission has been to connect institutional capital to the future of finance by bridging the gap between reliable technology infrastructure and non-linear returns from emerging digital asset instruments. This partnership enhances the risk management capabilities of our existing clients and lowers operational infrastructure barriers for new capital deployers.”

    Luuk Strijers, Chief Commercial Officer at Deribit, commented on the partnership:

    “This collaboration marks an exciting milestone in the evolution of institutional crypto options trading. By combining Deribit’s industry-leading liquidity and technological innovation with Haruko’s cutting-edge risk management solutions, we are paving the way for institutional investors to confidently navigate the digital asset landscape. Together, we are building a robust and reliable infrastructure that empowers institutions to seize investment opportunities in this dynamic market.”

    About Haruko

    Haruko provides the most comprehensive digital asset technology solution for institutions deploying capital across the digital asset ecosystem. Seamless consolidation of positions across exchanges, on-chain and OTC activity with access to real-time and historical pricing, risk and P&L reporting provides the transparency needed for effective treasury management, compliance, investor reporting and financial controllership functions.

    Haruko has an experienced team of TradFi and digital industry veterans located across Europe and Asia supporting more than 50 institutional clients globally using the award-winning Haruko platform to optimise their front-, middle- and back-office workflows and operational controls.

    For more information on Haruko, please visit haruko.com and follow on LinkedIn.

    About Deribit

    Deribit is a centralised, institutional-grade crypto derivatives exchange for options and futures trading based in Panama City, Panama. Deribit’s state-of-the-art infrastructure offers instantaneous price discovery, low latency trading, advanced risk mitigation services and deep liquidity via its network of top-tier market makers. Led by a team with decades of experience in options trading across all markets, Deribit facilitates a significant majority of all crypto options trading and has robust proof of assets and liabilities procedures to ensure the exchange is held to the highest of standards. Deribit has been consistently acknowledged as a leader in the space as one of few exchanges to secure the ISO 27001 certificate and was named Best Exchange for Innovation by Hedgeweek.

    For additional information, visit: www.deribit.com.