3 Lessons We Learned Going Back to 2023
by Alexander, Market Researcher
1. Efficiency is Hard to Measure
Although almost every practical measure of our productivity decreased significantly after facing uphill battles last year as the markets were extremely volatile, as a management team we felt this incredible uptick in energy but also a sense of despair when losses were reported.
Sure, we tried to recreate this feeling during our remote days with risk monitoring software but we always had this nagging doubt that our tools had not been able to capture the true nature of the risks we were facing.
Top tip
Starting out by monitoring our risks in real-time is a great way to monitor “Back at the desktop today!”.
2. Potential Losses: a Fresh Perspective
We understood that we were not the only ones who were struggling to identify risk in crypto markets. We had a few traders, investors and banks who were also struggling to find the right metrics to measure risk.
Luckily for us, it was the same week that one of the popular exchanges launched crashed that we realised we were more prepared than most to identify risk in crypto markets.
We have been consistently surprised at the risk data we were able to identify and the fresh energy these new thoughts brough to our minds and we started this journey with a fresh perspective.
3. Cost Efficiency
Demand is at an all time low for crypto tools that do not meet the highest standards of security and privacy. However, we have found out that high quality risk data is not only valuable to our clients, but also to us as a team.
