CHICAGO–(BUSINESS WIRE) – Sterling Trading Tech (STT), a leading provider of technology solutions for real-time risk management and margin calculations for stocks, equity options, futures and options on futures, has released a Custom House Policy Builder in the Sterling Risk & Margin product line. This new application offers advanced analytics as RaaS (Risk-as-a-Service) using sophisticated quantitative and big data techniques.
The new Custom House Policy Builder functionality allows users to create and manage their own risk or margin policy with any combination of risk measures, including multiple price and volatility scenarios, an OCC-TIMS estimate with various add-ons and VaR (Value at Risk). This functionality replaces the need for hard-coded policies and allows users to create, edit, and manage multiple policies from the feature-rich builder as well as Sterling’s extensive API library.
“Customers often have to adjust their customs guidelines. We saw the need in the market for them to be able to manage them themselves when needed, rather than requesting a workload and development request to implement the requested changes, ”said Andrew Actman, managing director of business development at STT. “We’re excited to be the first in the industry to build this. It will save the company a lot of time and money. ”
Additional risk additions include concentration, liquidity, market capitalization and stock price based adjustments. The custom house policy functionality can also be used for custom ad hoc risk metrics to assess risk and margin impacts in volatile markets along with standard exchange methodologies.
“This is an advanced technology that offers flexible functionality that enables the inclusion and combination of almost any risk factor or compensation logic,” says Ravi Jain, STT Director of Risk & Derivatives. “With this application, companies can quickly update their risk guidelines.”
The Sterling Risk & Margin product line continues to develop its offering with plans to expand its cloud-based risk and margin system to global markets, including full global market access for Risk.
As one of the leading providers of trading solutions for stocks and stock options, STT offers trading platforms, OMS and infrastructure solutions as well as risk and margin tools. Its professional and private trading platforms are available to the global stocks, options, futures and digital asset trading community. Platforms and products can be white labeled to improve the brand identity of our customers.
About Sterling Trading Tech (www.sterlingtradingtech.com)
Sterling Trading Tech (STT) is a leading provider of professional trading technology solutions for the global equity, equity options and futures markets. With over 100 clients including leading brokers, clearing firms and prop groups in over 20 countries, STT offers solutions tailored to clients’ needs. STT strives to provide fast, stable technology along with great customer service. STT offers its customers trading platforms, OMS and risk products.