Other Trading Institutions
Any institution trading FX and other assets, regardless of size or current operational environment, need the flexibility to scale to meet increasing volumes, additional asset classes, and changing service requirements. Sierra offers that flexibility across the full spectrum of small to large FX and treasury operations. Sierra’s solutions support proprietary trading firms, Futures Commission Merchants (FCMs), Prime Brokers, and Broker / Dealers with the ability to trade on the same marketplaces accessible to large global and regional banks.
Prime brokers face the challenges of exponential trade volume growth, client credit and collateral exposures, and increasing demand for value-added services. Sierra provides prime brokers with a global FX solution that offers real-time connectivity to internal and external systems, market data and trading venues. Sierra also provides an advanced margining solution for monitoring client and house positions, client orders and risk breakdown.
Sierra provides:
- Aggregate positions, P&L and deal workflow in one front- to back-office solution
- High volume, high performance straight-through processing
- Real-time connectivity to trade execution engines, market data feeds, and other systems
- Advanced margining solution for centralized, real-time margin, revaluation calculations, and monitoring of client positions and risk
- Automatic updates aligned with new accounting rules and compliance reporting
- Hosted solution offers rapid implementation, on-boarding and time to market
Related solutions: