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Sterling Trading Tech Releases Enhanced Var, Greeks And User Features For Its Cloud-Based Real-Time Risk Engine

May 13th, 2019

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CHICAGO, IL – May 13, 2019 – Sterling Trading Tech (STT), an innovative leader of professional trading technology solutions, unveiled a major set of enhancements for its risk analytics RaaS (Risk as a Service) solution, the Sterling Risk Engine.

The Sterling Risk Engine (SRE) was the first commercial risk tool to utilize sophisticated quantitative and big data techniques to manage risk in real-time for hundreds of portfolios with no hardware or software requirements allowing brokerages and clearing firms to easily monitor market and credit risk. The SRE continues to rapidly evolve based on market feedback and client requests.

New risk features include historical VAR, Greeks analytics and a redesigned consolidated at-a-glance risk dashboard. The historical VAR capabilities include; calculating risk on a historical simulation using full revaluation, 99 and 95 percentile VAR, Expected Shortfall (CVAR) and histograms that plot the PL distribution and top contributors to VAR. The new Greeks analytics tool includes drill down capability by account and by symbol to view the Position, Market Value, Delta, Gamma, Vega, Weighted Vega and Volatility Exposure.

The redesigned consolidated risk page offers an at-a-glance view to monitor the margin, risk shocks, leverage and specific risk of all accounts at once with the ability to easily navigate retailed risk of any single account.

“The Sterling Risk Engine continues to grow exponentially, both in clients and functionality. The industry is adopting sophisticated tools such as cross margining and VAR for additional risk measures,” states Andrew Actman, Director of Business Development.

About Sterling Trading Tech Sterling Trading Tech (STT) is a leading provider of professional trading technology solutions for the global equities, equity options and futures markets. With over 100 clients with thousands of traders including leading brokers, clearing firms and prop groups in over 30 countries to trade international financial markets around the world, STT provides solutions tailored to clients’ needs including links to over 80 execution venues in the U.S. and currently processes 5% of the daily U.S. equity volume. STT is committed to providing fast, stable technology along with outstanding customer service. Additional Information on Sterling Trading Tech can be found at www.sterlingtradingtech.com.

Sterling Trading Tech Media Contact:
Melinda Joseph
(312) 517-3569
[email protected]

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