Sterling Trading Tech and Eventus Systems collaborate to monitor trade activity and risk
Eventus Systems, a global trade surveillance and market risk platform provider, has integrated the Sterling Trading Tech’s Sterling Cloud-Based Analytics Engine (SRE) into its Validus platform.
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,” says Travis Schwab (pictured), CEO of Eventus Systems. “Sterling, like Eventus, is focussed 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.”
Andrew Actman, Director of Business Development of Sterling Trading Tech, says: “We continue to see a growing trend of firms looking for customisable 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.”