Sterling Trading Tech Achieves Record Growth in the First Half of 2018
CHICAGO--(BUSINESS WIRE)--Aug 28, 2018--Sterling Trading Tech (STT), a leading broker-neutral provider of professional trading technology solutions for the global equities, options, and futures markets announced record breaking results in the first half of 2018, with over 20 new clients added including Areus Wealth Management, Veloric Asset Management and KBK Capital Management. Existing clients also added-on additional products, leading Sterling to the best financial results for a 6-month period in its history.
Sales were driven by STT platform offerings, including its flagship trading platform, Sterling Trader ® Pro, in addition to Sterling Trader ® Elite, Fusion and Sterling VolTrader (Previously Livevol X).
Sterling’s newer cloud-based real-time risk offerings have also gained significant traction with both current and new clients, offering Risk as a Service (RaaS). Ravi Jain, Director of Risk & Analytics at Sterling states, “Our real-time risk offerings have been very well received. We have numerous clients asking us to expand the product into additional asset classes and we look forward to the continued evolution of the product throughout the remainder of 2018”.
A sales trend that has continued into 2018 for Sterling, is clients contracting more complete, one-stop-shop solutions, encompassing front-back end including, trading platforms, risk, compliance and infrastructure. The integrated solution offerings are efficient time and money savers for clients.
“We have a strong momentum for continued success,” states Andrew Actman, Director of Business Development for Sterling. “Our priority – outside of delivering fast, stable technology with flawless integration is being client-centric. As our clients’ needs evolve so do our solutions. It’s critical to provide customization based on their needs, especially in todays’ markets.”
Additional Information on Sterling Trading Tech can be found at www.sterlingtradingtech.com or 312.346.9600.
Sterling Trading Tech (STT) is a leading provider of professional trading 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 to trade international financial markets around the world. STT provides solutions tailored to our clients’ needs including links to over 80 execution venues in the US and currently processes 5% of the daily US equity volume. STT is committed to providing fast, stable technology along with outstanding customer service.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180828005515/en/
CONTACT: Sterling Trading Tech Media Contact:
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE OTHER TECHNOLOGY PROFESSIONAL SERVICES FINANCE
SOURCE: Sterling Trading Tech
Copyright Business Wire 2018.
PUB: 08/28/2018 10:24 AM/DISC: 08/28/2018 10:24 AM