Dorsum | Investment Software

Dorsum is proud to benefit from the European Commission’s Brexit Adjustment Reserve. Learn more about our project aimed at aligning our Wealth Management Suite with the UK market on the link below. https://lnkd.in/dShQ4rFa

Fundamentals of crypto assets in Traditional Finance | Masterclass Length: 45 min Subject leader: Peter Kanti, Head of Digital Assests & Blockchain, Dorsum Objectives: By the end of this module, you will be able to: - describe the high-level operations of blockchain technology and the process of block validation, - prioritize use cases where the technology brings real value, - identify digital and crypto assets and how these can be offered by a traditional bank, - understand the opportunity in MiCA, and mitigate risk in offering crypto assets trading, - prepare to participate in a workshop aiming to discover the roadmap for traditional banks looking to offer crypto trading. Recommended to: - Experts, managers who are working in decision making roles that have impact on either investment service offerings, or innovation initiatives, or company strategy related to technology (Head of Investment Services / Head of portfolio, Head of Asset Management, Director of Innovation or Digital Strategy, Portfolio Manager, Head of Innovation, Head of Private Banking and more) - Those in operations, or IT roles that service the aforementioned functions Prerequisites: - No prerequisites, however we advise downloading and reading our e-book (https://lnkd.in/dVEZCruN) and/or this white paper on MiCA. Next level: - Unlocking the crypto opportunity for traditional finance online workshop

Classic banks can offer crypto asset services without actually holding digital assets or by being involved in direct trading on the exchange. Let's explore the three fundamental operating models, along with their pros and cons. Providing Crypto Exposure Banks offer various crypto derivatives without allowing clients to hold actual crypto-assets. This typically means offering ETFs (or perhaps CFDs) that are exposed to crypto asset valuations, enabling clients to take advantage of the opportunities without directly holding the assets. This approach offers a quicker go-to-market strategy; however, some clients may still prefer direct trading. Pros: - Quick Implementation: Faster to market with minimal adjustments to existing infrastructure. - Regulated Environment: Operates within the bank's regulatory framework, ensuring compliance. - Lower Risk: Reduces the risk associated with managing and securing actual crypto assets. Cons: - No Direct Ownership: Clients do not own the actual crypto assets, which might not appeal to some investors. - Limited Control: Investors have less control over their investments compared to direct trading. Partnering with Crypto Specialists This model involves enabling direct investments in crypto through partnerships with specialized crypto -asse service providers, such as Coinbase. This allows clients to trade assets directly, though key services are delegated to the partner, making the bank dependent on them. Pros: - Direct Trading: Clients can directly trade and own crypto assets. - Expertise Leveraging: Banks can leverage the specialized expertise and infrastructure of the crypto partner. - Enhanced Offerings: Broadens the range of services offered to clients. - Prompt implementation: While it requires more effort than introducing ETFs, the integration with one partner can be completed within a few months. Cons: - Dependency: Reliance on the partner for key services and infrastructure. - Shared Revenue: Profit sharing with the partner can reduce the bank's revenue. Directly Introducing Crypto Trading Banks can cooperate with partners such as crypto exchanges and custodians to offer direct crypto trading for clients. This model aligns more naturally with classic banks, as they can own the core services and apply their security policies. However, it requires more preparation and time to market. Pros: - Full Control: Banks maintain control over the trading infrastructure and policies. - Integrated Security: Ability to apply existing security measures and regulatory compliance. Enhanced Trust: Clients may trust the bank more with direct involvement. Cons: - Longer Implementation: Requires significant time and resources to integrate. - Complex Integration: Involves complex integration with existing systems and processes. Connect with Peter Kanti on LinkedIn. #findyourcryptochamp #dorsum #cryptocurrency #cryptotradingservices #cryptomarket #digitalassets #blockchain 

We are looking for a Senior Product Manager who will support our efforts to create and enforce product focused mindset in the Wealth Management software family. The successful candidate will play an active and critical role in establishing a product owner and project manager team to oversee projects and change requests pipeline and optimize efforts towards an effective product delivery If you think you are the perfect fit for this position, don't hesitate to apply at the following link. https://lnkd.in/dJd-aTzV

Traditional asset manager are planning to increase their Bitcoin exposure, but they face several challenges. Let's review these challenges and explore the actions you can take to address them. Legal Challenges: Regulatory Framework: Before the implementation of MiCA (Markets in Crypto-Assets Regulation) in the EU, there were no favorable regulatory frameworks. Now, you can consult with a MiCA expert to prepare for compliance with these new regulations. Business Challenges: Market Valuation: The current valuation of the cryptocurrency market exceeds $2 trillion, driven primarily by demand without enough underlying assets supporting it. The volatility of this asset class can impact institutional valuation, yet the opportunity is significant. Discuss the business potential and associated risks with a Crypto Asset category expert. Strategic Challenges: Innovation Leadership: Innovation often comes from external or bottom-up sources, resulting in experts typically not occupying strategic roles within the organization. Consult with an expert who has strategic-level experience with traditional finance players to effectively integrate innovative solutions into your strategic framework. Positioning Challenges: Market Perception: Does cryptocurrency come with a dark, suspicious image, or does it convey a vibe of cutting-edge innovation vibe? Consult a research team to understand trends in market perception. Technological Challenges: Technical Integration: Even limited service offerings can present significant technical integration challenges, not to mention white-label solutions or fully integrated systems. Speak with an expert experienced in crypto asset services for traditional finance. At Dorsum, we specialize in guiding traditional banks through this journey and overcoming these challenges with confidence. Our team, led by Peter Kanti, offers comprehensive support at every step, ensuring a smooth integration of crypto asset services. Connect with Peter Kanti on LinkedIn and register for our future events to explore how we can help you offer your clients the best of both worlds. #findyourcryptochamp #dorsum #cryptocurrency #cryptotradingservices #cryptomarket #digitalassets #blockchain 

We proudly present our e-book, "Roadmap to Crypto Asset Service for Traditional Banks!" This comprehensive guide consolidates our extensive knowledge on the intersection of crypto opportunities and the traditional finance domain.    Reading this e-book will ease your journey and mitigate risks for traditional finance professionals. Download and share the expertise compiled in Dorsum's e-book, authored by Peter Kanti, Botond Batorfi, and Barnabás Horváth.   We have identified six major stages for any successful project. While these stages are applicable to every institution, the specifics will vary significantly. Learn the fundamentals to ensure your project remains sustainable and robust. https://lnkd.in/dVEZCruN #findyourcryptochamp #dorsum #cryptocurrency #cryptotradingservices #cryptomarket #digitalassets #blockchain

What skills does a bank need to successfully offer cryptocurrencies? Recently, the development of the regulatory environment, the approval of Bitcoin ETFs and growing investor interest have positively impacted how traditional financial players view cryptocurrencies. At Dorsum, we have been building our knowledge base on the regulation, the technology, and the use of cryptocurrencies for years, with the aim of empowering interested market participants to understand the opportunities in this new asset class. Read our article on this:

The traditional banks' favorite segments are the ones who are young, educated, have financial vocabulary. These people are currently driving the outflow of capital from classic banks to crypto exchanges or neobanks. Take a look at the audience size in Croatia, Hungary, Poland, Romania, Slovakia, Bulgaria, Slovenia. At Dorsum, we specialize in guiding traditional banks through this journey. Our team, led by Peter Kanti, offers comprehensive support at every step, ensuring a smooth integration of crypto asset services. Connect with Peter Kanti on LinkedIn and register for our future events to explore how we can help you offer your clients the best of both worlds.  #findyourcryptochamp #dorsum #cryptocurrency #cryptotradingservices #cryptomarket #digitalassets #blockchain 

Currently, no banks in CEE are offering crypto asset services. As we engage with banks in this region, the market potential is clear. However, only a few are in the exploratory stage, which is a natural first step on this journey.  To begin with the 'why,' we have identified three main reasons to commit to this vision: 1. Increase revenues.  In the context of crypto assets, new products can be offered to customers. During the initial period, a premium pricing can be applied due to the novelty of the services 2. Market opportunity in the segment  There is an opportunity to realize business benefits in an untapped and likely growing segment. 3. Differentiation By their very nature, crypto-asset services can appeal to a more digitally-oriented, younger clientele and foster innovation in communication However, the path to achieving this is fundamentally unclear for several reasons shared by CEE countries:  - Multi-faceted expertise needs The required expertise is diverse and can hardly be found in a single person. Skills needed include legal, technical, and crypto asset specific knowledge - Unclear path There is no clear path forward. Depending on the bank's position and maturity in asset management, technology, crypto know-how, their intrinsic culture and way of working can lead to different roadmap to success. - Multi-faceted integrations Integration requirements are multi-faceted. Again, such a service is not just technical. The integration would need to cover processes, internal know-how, new partner and vendor vetting, policies, and risk management as well. At Dorsum, we specialize in guiding traditional banks through this journey. Our team, led by Peter Kanti, offers comprehensive support at every step, ensuring a smooth integration of crypto asset services. Connect with Peter Kanti on LinkedIn and register for our future events to explore how we can help you offer your clients the best of both worlds.  #findyourcryptochamp #dorsum #cryptocurrency #cryptotradingservices #cryptomarket #digitalassets #blockchain

We are looking for a Business Operation Consultant who will work in the newly established team of our CEO. If you think you are the perfect candidate, don't hesitate to apply at the following link. https://zurl.co/QEtk