A cloud-based solution that continuously calculates real time risk values and portfolios margin requirements
Advanced risk analytics that are easy to utilize on a daily basis, cost effective to implement, deploy and use without the need for a large software implementation.
Sterling Risk Engine (“SRE”) is a robust, real time, cloud-based, post-trade market risk and regulatory margin haircut calculation system for clearing firms, broker/dealers, prop or retail trading firms and hedge funds. It’s flexible, cutting edge technical architecture offers several delivery options with a low cost to implement.
The SRE is built with advanced options valuation technology providing the industry with a robust, sophisticated risk platform allowing our clients to monitor their own and their clients’ exposure as well as calculate regulatory margin requirements.
Sterling’s risk + margin GUI shown on web and mobile.
The STT solution consists of 3 components:
Each of which are abstracted – thus only the components required by the user can be deployed.
The service operates in “Request/response” mode or “Continuous Update” mode.
Request/Response is the preferred mode for SRE, in which a user can send the positions in a portfolio, in the form of a simple message format and receives a response back with both the total margin requirement as well as line by line details for each position.
SRE offers ability to request the shocks for a given options contract or subscribe to a continuous feed of the value and greeks. From a technology set up perspective, we offer two distinct services:
Combining the power of big data and sophisticated quantitative modelling techniques, Sterling RSQ products are built using a unique “mesh” based algorithm that allows it to calculate real time options volatility, theoretical values and greeks extremely fast using stock hardware with little specialized code.
This breakthrough in options pricing analytics allows the implementation a large set of market shocks and calculate them continuously for the entire market in real time without the use of specialized hardware stacks and software.