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Sterling Trading Tech Successfully Deploys New Real-Time Risk Solution For Portfolio Margin And Volatility Shocks

CHICAGO, IL – Sept 6th, 2017 – Sterling Trading Tech (STT) announced today the deployment of its new real-time risk solution, the Sterling Risk Engine, to Prophecy Asset Management.

STT launched its new risk solution earlier this summer which calculates intraday, real-time risk based haircuts based on the OCC methodology for portfolio margin. The Sterling Risk Engine also calculates risk due to market shocks and volatility shifts at user-defined levels. Deployed as a cloud-based service, it supports multiple trading platforms with low-cost integration. Due to unprecedented low market volatility, monitoring risk has become even more important due to greater chance of a sudden shock to the markets.

Prophecy Asset Management specializes in multi-manager trading platforms and offers investors a variety of unique, multi-manager investment programs designed to mitigate downside volatility, while seeking to consistently deliver stable returns. John Caruso, Managing Director, states “Prophecy has years of extensive experience with Sterling’s trading platforms and technology. Our recent project of implementing the new risk systems has been very positive. The setup and integration was flawless.”

Sterling’s flexible service-based model offers quick and easy risk analytics set-up with no hardware or software required, eliminating the need for firms to build their own valuation engine. This gives brokers, clearing firms, hedge funds and proprietary trading groups the ability to monitor their risk and portfolio margin intraday.

“The Sterling Risk Engine was born out of our team’s understanding that in order for our options clients to stay competitive and profitable, they need more sophisticated risk tools to better monitor their risk and exposure. We are continuously looking for new ways to provide solutions to our clients through better technology,” states Jim Nevotti, President of STT.

Additional Information on Sterling Trading Tech and its products can be found at www.sterlingtradingtech.com or 312.346.9600.

About Sterling Trading Tech (www.sterlingtradingtech.com)
Sterling Trading Tech (STT) is a leading provider of 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 and trading is supported in 10 countries, STT provides solutions tailored to our client’s needs including connections to over 80 execution venues in the US. STT is committed to providing fast, stable technology along with outstanding customer service.

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

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