Talos, a provider of institutional technology for trading digital assets, announced the acquisition of Cloudwall, a developer of digital asset risk technology.
Cloudwall’s technology and expertise is set to enhance Talos’ existing portfolio management system (PMS), extending it to deliver the industry’s next generation of portfolio management tools for digital assets.
“The acquisition of Cloudwall is a cornerstone in our strategy to strengthen and expand our portfolio management solutions,” said Anton Katz, CEO and Co-Founder of Talos. “This partnership is fundamental to our roadmap to deliver an innovative PMS that promises to redefine the industry standard in digital asset management. Our clients can look forward to additional sophisticated tools to support decision-making and optimize their digital asset portfolios.”
Talos and Cloudwall are exclusively focused on serving institutions with the common goal of facilitating institutional adoption of digital assets. For institutional investors, who manage large pools of assets, many with strict fiduciary responsibilities, risk management systems are essential to protect and grow their investment portfolios. With this acquisition, Talos is investing in institutional-grade risk management technology to help clients assess and mitigate risks unique to digital asset portfolios.
“Talos and Cloudwall share the vision that in the future all assets will be digital assets,” said Kyle Downey, CEO and Co-Founder of Cloudwall. “Risk is fundamental to finance, regardless of asset class, and digital assets are no exception. That’s why we’re excited to continue our mission to build the risk management defenses institutions need to trade digital assets – under the auspices of Talos.”
In the first quarter of 2023, Talos acquired D3X Systems, which advanced its portfolio engineering capabilities to support systematic client-driven investment strategies – including tools for portfolio optimization, strategy backtesting, portfolio rebalancing, and risk and return performance. Customers can also view and manage their positions between custodians, balances between exchanges and credit between dealers. With Cloudwall’s additional expertise in portfolio risk systems, Talos is well positioned to accelerate the development of a comprehensive portfolio management system across spots, futures, options and options.