Enterprise crypto trading is out in the open, but the companies who trade have to live in the shadows. Now, crypto has become an important part of energy and commodity markets and asset optimization.
However, these risk management processes are homegrown, and crypto transactions are wedged in systems that don’t fit them — or worse, they can’t be seen at all because they are trapped in apps on phones.
Molecule, the leading cloud-native ETRM/CTRM system, today announces Djinn — our enterprise offering for crypto.
With Djinn, companies trading cryptocurrencies can see their risk and exposure alongside everything else they trade — electricity, other energy commodities, renewables, ags, softs, chemicals, metals, and more.
Djinn connects to exchanges like CME and Gemini to automatically download executed futures, options, spot, and storage transactions — and models them right alongside the physical and financial derivatives they relate to.
Position, P&L, and other metrics calculate instantly, and Djinn downloads market data from relevant markets. FX conversions are built-in, to support customers trading in any traditional fiat currency.
Customers using Djinn benefit from the full raft of Molecule’s enterprise risk management features, including audit trails, automatic locking, fine-grained permissions, and complex book structures — as well as the modern APIs and easy-to-use screens Molecule is known for.
If you’re trading crypto and want to come out of the shadows, contact our sales team for a demo. With Djinn, your enterprise crypto wish is our command.
Updated January 24th, 2023