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Sterling Trading Tech And Eventus Systems Collaborate To Monitor Trade Activity And Risk

Feb 5th, 2019

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CHICAGO, Feb. 5, 2019 – Sterling Trading Tech (STT), an innovative trading technology leader in the RaaS (Risk as a Service) space, and Eventus Systems, a leading global trade surveillance and market risk platform provider, announced today that Eventus has integrated the Sterling Cloud-Based Analytics Engine (SRE) into its Validus platform to benefit mutual customers.

Sterling offers a wide range of front-end professional trading platforms serving clients in the equities, options and futures space as well as the Sterling Risk Engine that delivers cloud-based advanced real-time risk analytics. Eventus provides innovative software solutions that solve compliance, market surveillance and financial risk challenges across asset classes around the globe. The joint initiative allows firms to seamlessly connect their trading activity into the Eventus surveillance platform as well as jointly monitor their real-time and post-trade risk and other post-trade activity.

“We’ve had a great long-term relationship with Sterling and are pleased to continue building upon it, working across multi-asset class products and customers,” said Travis Schwab, CEO of Eventus Systems. “Sterling, like Eventus, is focused on high-touch, flexible client service and robust technology so we appreciate the ability to connect to all of its products, from front-end platforms to its new risk engine. All of our partners represent an important avenue for helping our clients navigate the complex regulatory landscape with integrations that simplify processes and ensure the highest levels of compliance with regulatory requirements and industry best practices.”

Furthermore, Andrew Actman, Director of Business Development of Sterling Trading Tech, said: “We continue to see a growing trend of firms looking for customizable all-in-one solutions and believe this joint offering is extremely beneficial to both new and existing Sterling and Eventus clients, allowing us to continue our client-centric focus.”

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 or 312.346.9600.

About Eventus Systems Eventus Systems, Inc. offers one of the leading global trade surveillance and market risk platforms. Available as a cloud-based or real-time enterprise on-premise solution, the Validus platform provides sophisticated market surveillance and financial risk capabilities, enabling clients to solve some of the most pressing regulatory challenges. Validus combines multiple technology stacks including artificial intelligence (AI) to generate the most actionable alerts across equities, equity options, futures, foreign exchange (FX), fixed income and cryptocurrencies. Clients include Tier 1 banks, brokerages and futures commission merchants (FCMs), proprietary trading firms, exchanges, corporates and buy-side firms. Headquartered in Austin and serving clients globally, Eventus was one of just 27 U.S. companies named to the global RegTech 100 List for 2019, recognizing the pioneering companies transforming compliance, risk management and cybersecurity. Visit www.eventussystems.com.

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

Eventus Systems Media Contact:
Ellen G. Resnick
Crystal Clear Communications
+773-929-9292; +312-399-9295 (mobile)
[email protected]

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