Caprinios is a B2B solution specializing in the on-demand generation of controlled synthetic financial markets. We create artificial market environments with no synthetic digital fingerprint, validated as statistically plausible.Our mission: to enable algorithmic trading participants (using AI) to test, train, and benchmark their strategies against novel scenarios that are impossible to replicate using traditional backtesting.

Synthetic data is a mathematically generated price series. It replicates the statistical properties of real markets without ever being a copy of the past.

Backtesting is subject to a fundamental structural limitation: there is only one path that the market has actually taken. This leads to several major problems:Survival bias: only existing data is visible;Overfitting: algorithms learn from past patterns, not from market logic;Absence of black swans: rare and catastrophic events are underrepresented;False confidence: a strategy that performs well in backtesting may collapse when faced with an unprecedented market environment.Our synthetic markets allow you to stress-test your algorithms across thousands of “alternative realities,” ensuring true robustness, not just historical robustness.

Overfitting occurs when a strategy is overly tuned to specific historical patterns. By using our synthetic markets, you have an infinite source of “out-of-sample” data. Your models are then forced to adapt their logic to the underlying market dynamics, rather than memorizing the past.The result: significantly more robust real-world performance.

Both approaches are available.On the one hand, we compare the “statistical fingerprints” of real and synthetic assets (entropy, heteroscedasticity, etc.) and ensure that our generator inherently exhibits those of real assets and does not exhibit those of synthetic financial models (Black-Scholes, Heston, SABR, etc.).On the other hand, we build custom scenarios with parameters fully defined according to your needs.The result is a price trajectory that behaves and “trades” like a real market but is entirely original.

Our models are asset-class agnostic. We can generate synthetic data for:Equity markets (individual stocks, indices)Forex (major pairs, cross pairs, exotic pairs)Crypto-assets (Bitcoin, altcoins, stablecoin pairs)Futures and derivatives (futures contracts, yield curve structures)Multi-correlated assets (portfolios, baskets)Other markets We can also model unusual inter-asset correlations or correlation breaks, which are particularly useful for hedging and arbitrage strategies.