Sterling Trading Tech Expands into Fixed Income Risk Management

Sterling Trading Tech (Sterling) has announced an expansion of its asset class coverage to include fixed income instruments, further broadening its suite of risk and margin management solutions. The addition brings sovereign, corporate, convertible, and municipal bonds under Sterling's umbrella, reinforcing its commitment to comprehensive market coverage.

Clients utilizing the Sterling Risk & Margin (SRM) platform will now have access to market data, intraday pricing, and risk analytics for bonds. This expansion includes tools to assess interest rate risk at both the account and firm levels, aligning with FINRA margin requirements while allowing for customization. According to Brian Saldeen, Senior Product Manager for Risk & Margin at Sterling, the move is driven by the increasing importance of managing fixed income exposure.

"Firms must have the tools to effectively manage their risk across all asset classes, especially as yields rise and fixed income exposure increases," Saldeen stated. "We understand their need to measure and mitigate risk in a highly regulated environment."

Beyond fixed income, Sterling continues to enhance its risk management capabilities. The company's SRM platform operates under a Risk-as-a-Service (RaaS) model, enabling firms to monitor risk in real-time across multiple asset classes, including equities, options, and futures. Additionally, Sterling has announced plans to extend its risk analytics to mutual funds, reinforcing its position as a leading provider of multi-asset risk management solutions.