“Using STT, clients can reduce the time to trade U.S. from nine to six months. What sets us apart in the industry is our multi-asset OMS, delivering 24×5 capabilities, and our Risk system, built with unmatched regulatory features to provide a distinct competitive advantage. Our experience is that Asia markets consistently seek the most capable and advanced solutions to build their franchises and we have already gained traction with our approach.”
Sterling Trading Tech (STT) has announced its planned expansion into Asia this year, with the provider of order management, risk and margin, and trading solutions targeting firms in Korea, Hong Kong, and Singapore.
STT will deploy its systems both locally and cross-border (focusing on U.S. operations of Asia entities) in a move that addresses client demand for more advanced OMS and Risk solutions than are currently available in local markets, STT explained.
Liquidity and alpha generation in U.S. equities and options
Sterling argues that its multi-asset OMS fosters client growth and competitiveness by creating operational and infrastructure efficiencies.
Offering real-time balances and positions, advanced margin methodologies, customizable risk controls, broad reporting capabilities, and API connectivity, STT’s OMS enables seamless trading with advanced order queuing allowing traders to place orders at any time and receive international orders in real time outside of U.S. trading hours.
STT also features a Risk & Margin capability, delivered across a menu of technical alternatives, which covers US equities and global options, and delivers proprietary and unique RegTech capability, featuring RegT and Custom House Policy Updates in real-time and post-execution analysis done using real-time market data.
“The perception in many markets is that OMS and Risk offerings are commoditized”
Jennifer Nayar, Chief Executive Officer at STT, said: “The perception in many markets is that OMS and Risk offerings are commoditized. Our perspective is that these systems can be used to enhance efficiencies, competitiveness, and profitability while covering regulatory requirements.
“Using STT, clients can reduce the time to trade U.S. from nine to six months. What sets us apart in the industry is our multi-asset OMS, delivering 24×5 capabilities, and our Risk system, built with unmatched regulatory features to provide a distinct competitive advantage. Our experience is that Asia markets consistently seek the most capable and advanced solutions to build their franchises and we have already gained traction with our approach.”
