5 ways we plan to make risk data more accessible
by JTN, Co-Founder / OneCigma
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 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.
4. Accessibility
The crypto market is a place where people from all over the world come together to trade and invest in digital assets. We have been working with our clients to make sure that they can access the data they need to make informed decisions.
5. Transparency
Transparency is a key factor in the success of any crypto project. We have been making sure our clients are aware of the risks involved and the steps we are taking to mitigate them.
