Sterling Trading Tech Extends Business Development Resources
July 31 2024 - 2:00AM
Sterling Trading Tech (Sterling), a leading global provider of
technology in order management, risk & margin, and trading,
today announced that industry veteran Vedant Gaur will bring his
expertise to further build the global bank and brokerage segments.
As Sales Director at Sterling Vedant will focus on the proprietary
OMS and Risk & Margin product offerings.
The Sterling OMS and Risk & Margin product suites are unique
in asset coverage and RegTech capability respectively – and the
firm believes that current marketplace offerings underserve the
industry.
Said Andrew Actman, Managing Director of Business Development:
“Sterling’s productsare designed to meet and anticipate the
complexity and challenges large firms face inthe current global
trading environment. 2024 has seen substantial interest in
andsuccess with Sterling’s approach across all market segments
worldwide and the firm ispoised for further growth.”Vedant has a
rich background in algorithmic and electronic trading sales and
coverage. He has extensive experience in financial markets
technology, data-driven solution sales, eTrading platforms, and
risk management. Vedant has held senior roles at prestigious firms,
including Barclays and Open Origin, and has been instrumental
in driving strategic business growth and new business
development.Sterling’s multi-asset OMS enhances liquidity and alpha
generation in U.S. equities and options. It fosters client growth
and competitiveness by creating operational and infrastructure
efficiencies. Sterling OMS offers real-time balances and positions,
advanced margin methodologies, customizable risk controls, broad
reporting capabilities, and API connectivity, enabling seamless
trading. Advanced order queuing allows traders to place orders at
any time and receive international orders in real time outside of
U.S. trading hours.The Risk & Margin capability is delivered
across a menu of technical alternatives, covers U.S. &
International equities and options, Fixed Income and Futures while
delivering proprietary and unique RegTech capability including
recently launched zero day option expiration API. This includes
Risk & Margin together in one system, and RegT and Custom House
Policy updates in real time. Post-execution analysis is done
utilizing real-time market data. Plans to expand asset classes to
fixed income and mutual funds are on target to launch this
year.Said Jennifer Nayar, Sterling President and CEO: “Sterling
provides unparalleled OMS and Risk & Margin capabilities so our
clients can have confidence in the efficiency of their trading and
efficacy of their risk models. We believe that the sophistication
of an OMS system aids in the performance equation. The design and
implementation of a risk and margin system can affect the viability
of an enterprise. With his broad and deep financial service
experience, Vedant brings this conversation to an audience that is
aware of the pressures they are under and who are seeking newer and
more innovative approaches.”
-ENDS-About Sterling Trading TechSterling Trading Tech
(Sterling) is a leading provider of professional trading technology
solutions for the global equities, equity options and futures
markets. With over 100 clients including leading brokers, clearing
firms and prop groups in over 20 countries, Sterling provides
solutions tailored to clients’ needs. Sterling is committed to
providing fast, stable technology along with outstanding customer
service. Sterling provides trading platforms, OMS and risk products
to its clients
Media Contact:Magdalena
Mayermagdalena.mayer@sterlingtradingtech.com(312) 346-9600
Media Contact:
Magdalena Mayer
magdalena.mayer@sterlingtradingtech.com
(312) 346-9600