BlockFills, a premier destination for digital asset trading and market technology leveraged by institutions and professional traders, and QIS Risk, a risk and portfolio monitoring solution for crypto-native institutional investors, announced today they are collaborating to enable mutual clients to benefit from comprehensive visibility into their full portfolio in all asset classes as well as sophisticated risk and performance analyses based on their entire asset exposure. The move comes amid a rapidly rising institutional demand for digital asset options.
Through QIS Risk's platform, BlockFills clients can now gain access to their aggregated portfolio view, enabling them to evaluate digital asset derivatives* positions within the broader context of their entire investment strategy. The perspective – spanning all counterparties, investment types and blockchain networks – can facilitate more informed decision-making by eliminating the constraints of counterparty-specific reporting.
Gordon Wallace, President and Chief Risk Officer of BlockFills, said: "This collaboration is another example of our commitment to providing best-in-class support and robust risk management resources to institutional clients, recognizing that their digital asset strategies often represent a part of their overall trading experience. As institutional demand for digital asset products – and options* in particular – is the strongest we've seen to date, we're enthusiastic about our relationship with QIS Risk as we are aligned in the importance of empowering clients to make more strategic investment decisions with enhanced insight and visibility into their portfolio risk and performance metrics."
Digital asset options volume at BlockFills in July was 70% higher than the same period last year.
QIS Risk Founder Fred Cox said: "QIS Risk is excited to be working with BlockFills to provide our mutual clients with deep market liquidity, while maintaining our position as a trusted golden source for digital asset portfolio management. This alignment represents another step forward in delivering institutional-grade infrastructure to meet the sophisticated and ever-evolving needs of digital assets investors."
Wakem Capital Management, a New York-based digital asset fund manager and client of both BlockFills and QIS Risk, is already benefiting from the service. Ray Denney, Wakem Chief Operating Officer, said: "Our ability to benefit from the integrated services of QIS and BlockFills provides an unparalleled ability to manage our positions, navigate the crypto markets and maintain a competitive edge in this ever-evolving digital asset landscape. We appreciate both firms' commitment to a holistic approach to trading and risk management."
*Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant ("ECP") as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client.
