Sterling Trading Tech (STT), a global provider of technology solutions for order management, risk and margin, and trading, plans to expand into Asia in 2024, following the recent onboarding of KBFG Securities America.
As part of the expansion, STT will focus on Korea, Hong Kong and Singapore, and will deploy its systems both locally and cross-border with a focus on US operations of Asia entities.
In a statement, Jennifer Nayar, CEO of STT, said: “The perception in many markets is that OMS and Risk offerings are commoditised. Our perspective is that these systems can be used to enhance efficiencies, competitiveness, and profitability, while covering regulatory requirements. Using STT, clients can reduce the time to trade US from nine to six months.
“What sets us apart in the industry is our multi-asset OMS, delivering 24×5 capabilities, and our risk system, built with unmatched regulatory features to provide a distinct competitive advantage. Our experience is that Asia markets consistently seek the most capable and advanced solutions to build their franchises and we have already gained traction with our approach.”
STT’s multi-asset order management system (OMS) focuses on US equities and options, offering real-time balances and positions, advanced margin methodologies, customisable risk controls, broad reporting capabilities and API connectivity. The OMS also features advanced order queuing and post-execution analysis, which is carried out using real-time market data.
