Deriv is one of the world’s longest-standing online trading brokers, maintaining a global presence since 1999. With over 3 million active users trading 24/7, the company operates under a core vision of "trading for anyone, anywhere, anytime". Having nearly doubled its signup rate since early 2026, Deriv prioritizes integrity and customer focus, ensuring that every user interaction, from the first click to a high-stakes trade, is secure and frictionless.
Before partnering with Ory, Deriv relied on a homegrown customer identity solution that became a significant bottleneck for innovation and resource drain.
Before Ory, our team was buried under the maintenance burden of our homegrown authentication system. As a trading broker, we need to focus on shipping features and leading innovation for our clients, but we were spending critical time fixing auth issues instead of focusing on our core business.
— Raunak Kathuria, VP of Engineering, Deriv
In the world of online trading, we aren't just managing data, we’re managing our customers' capital. Trust is our most valuable currency. Ory provides a battle-tested security foundation that gives our three million users the confidence that their assets are in safe hands, while strictly neutralizing unauthorized access.
— Hani Al Khatib, Technical Lead, Deriv
Deriv evaluated multiple global vendors against a rigorous requirements list, ultimately choosing Ory for its unique combination of flexibility and speed.
The Ory team didn't just sell us a license; they joined our mission. They were on the ground solving challenges with us before the contract was even signed. It feels less like a vendor relationship and more like a strategic partnership.
— Raunak Kathuria, VP of Engineering, Deriv
Ory’s headless architecture gave us total creative freedom. We were able to build a bespoke onboarding experience that feels native to the Deriv brand, backed by a world-class IAM engine.
— Hani Al Khatib, Technical Lead, Deriv
The transition to Ory’s commercial platform yielded immediate dividends for Deriv’s business and technical operations:
Security doesn't have to be a bottleneck for growth. By implementing Ory’s 'one-tap' social login in less than 48 hours, we saw a 8-10% increase in our visitor-to-signup numbers.
— Raunak Kathuria, VP of Engineering, Deriv
Deriv views Ory as a long-term strategic partner, with several advanced initiatives on the horizon:
With Ory’s modular architecture, we launched a hardened authentication system in under a month and reduced our specialized engineering overhead by 80%. We have shifted our focus from maintaining infrastructure to innovating our core trading product and delivering direct value to our customers.
— Raunak Kathuria, VP of Engineering, Deriv
