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One risk book for prediction markets

Senthos consolidates event-contract exposure across venues for valuation, margin, financing, and execution.

Explore the platform
EVENT-NATIVE RISK

Built for binary settlement

Conventional market models assume continuous returns. Event contracts resolve discretely to zero or one, with outcome, basis, and liquidity risk concentrated around the event.

0 / 1
Settlement values
1
Cross-venue risk book
CROSS-VENUE MARKING

A consolidated mark with an explicit range

Senthos normalizes equivalent contracts, weights quotes by available depth, and estimates a consolidated mark. Cross-market covariance and relevant external data inform the range around it.

Illustrative cross-venue marks and a covariance-informed model range bounded between zero and one.
DESK APPLICATIONS

Margin, financing, and structuring

Cross-venue netting

Portfolio margin

Net offsetting exposures across equivalent markets, then size collateral to the residual portfolio risk.

Portfolio margin visualization
Secured funding

Repo financing

Value eligible inventory and set a transparent haircut, then support bilateral or tri-party financing terms.

Repo financing visualization
Event-linked payoffs

Structured products

Structure event-linked notes, barriers, and accruals, with explicit payoffs, sensitivities, and capital at risk.

Illustrative payoffs for a buffered participation note, a final-barrier income note, and a daily range accrual. The example rotates every ten seconds.
RISK WORKFLOW

A common risk state across the desk

01Valuation

Point-in-time fair value

Estimate fair value from point-in-time market data, then retain the model version, inputs, and assumptions behind every mark.

Illustrative model mark distribution on a zero-to-one yes-price axis.
02Factor risk

Factor exposure across the book

Map positions to common macro and event factors, aggregate net exposure, and identify concentration that contract labels do not reveal.

Factor risk visualization
03Provenance

Point-in-time market state

Quotes, depth, and marks are captured as point-in-time records with sources and timestamps retained, so every valuation traces to the exact market state behind it.

Illustrative point-in-time order book depth as captured for provenance review.
04Execution

Execution algorithms

Work orders against available depth with controls for displayed size, participation, urgency, price limits, and residual hedge risk.

Execution strategy animation cycling through reserve order, hedge-synchronized TWAP, volume participation, adaptive passive, and implementation shortfall examples.
05Interfaces

Consistent outputs in every interface

The console, API, SDK, and agent tools reference the same versioned market state and valuation outputs.

Risk APIPoint-in-time snapshots over REST and incremental updates over streaming endpoints.
Python SDKTyped access to marks, covariance matrices, distributions, and factor exposures.
MCP serverPermissioned risk and valuation tools for controlled agent workflows.
Web consoleMarks, factor exposures, exceptions, and valuation lineage for desk review.
PRIVATE BETA

Join the private beta

We are onboarding a limited number of market-making, trading, and risk teams.

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