Chicago, April 25, 2024 – Sterling Trading Tech (Sterling), a global leader in technology-driven order management systems, risk and margin solutions, and trading platforms, has announced its plans to introduce support for fixed income securities by the end of the second quarter of 2024.
As part of Sterling’s ongoing commitment to enhancing its product suite, the addition of fixed income securities support will provide clients with extended coverage and advanced risk management capabilities. Currently, Sterling’s Risk & Margin System (SRM) covers a wide range of assets, including equities, options, futures, FX, and crypto.
The SRM solution offers Risk-as-a-Service (RaaS) functionality, allowing firms to monitor regulatory requirements and view real-time risk analytics for various asset classes. Clients will also have the ability to combine Sterling’s risk capabilities with its order management system (OMS) for a comprehensive risk management approach.
The upcoming feature will allow Sterling clients to analyze the impact of fixed income securities on their portfolios and margin requirements. Moreover, they will be able to stress test these securities under different interest rate scenarios to assess their contribution to overall portfolio risk. Sterling will utilize standard FINRA margin requirements for fixed income securities, while also providing the flexibility for overrides at the company or account level.
Brian Saldeen, CFA, Senior Product Manager – Risk & Margin at Sterling, highlighted the importance of effective risk management across all asset classes. Saldeen acknowledged the increasing exposure to fixed income securities as yields rise and emphasized the need for measuring and mitigating risk in a highly regulated environment. The integrated service offering by Sterling addresses these requirements seamlessly.
In addition to fixed income securities support, Sterling also has plans to expand its capabilities to include mutual funds later this year. This commitment to innovation and excellence ensures that Sterling Trading Tech remains at the forefront of professional trading technology solutions for global markets.
For more information about Sterling Trading Tech and its product suite, visit www.sterlingtradingtech.com.
Media Contact:
Magdalena Mayer
[email protected]
(312) 346-9600
Sterling Trading Tech (Sterling) has announced its plans to introduce support for fixed income securities by the end of the second quarter of 2024. This move is part of Sterling’s ongoing commitment to enhancing its product suite, extending coverage, and providing advanced risk management capabilities to its clients.
Currently, Sterling’s Risk & Margin System (SRM) covers a wide range of assets, including equities, options, futures, FX, and crypto. The addition of fixed income securities support will allow clients to analyze the impact of these securities on their portfolios and margin requirements. They will also have the ability to stress test these securities under different interest rate scenarios to assess their contribution to overall portfolio risk.
By utilizing standard FINRA margin requirements for fixed income securities, Sterling aims to ensure compliance with regulatory standards while also providing the flexibility for overrides at the company or account level. This feature will enable clients to effectively manage risk in a highly regulated environment.
Brian Saldeen, the Senior Product Manager – Risk & Margin at Sterling, emphasized the importance of effective risk management across all asset classes, particularly as exposure to fixed income securities increases. He highlighted the need for measuring and mitigating risk in order to navigate the changing landscape.
In addition to the introduction of fixed income securities support, Sterling has plans to further expand its capabilities by including mutual funds later this year. This commitment to innovation and excellence solidifies Sterling Trading Tech’s position as a provider of professional trading technology solutions for global markets.
Key advantages of Sterling’s expansion into fixed income securities support include extended coverage for clients, advanced risk management capabilities, and the ability to stress test securities under different interest rate scenarios.
However, one potential challenge associated with this expansion is the complexity and volatility of the fixed income market. Navigating the intricacies of fixed income securities and accurately assessing their impact on portfolio risk can be challenging. Therefore, it is crucial for Sterling to provide robust risk management tools and support to ensure that clients can effectively manage their investments in this asset class.
For more information about Sterling Trading Tech and its product suite, you can visit their website at www.sterlingtradingtech.com.
Media Contact:
Magdalena Mayer
Email: [email protected]
Phone: (312) 346-9600