Jennifer Nayar Sets the Bar High

摘要： Headwinds in the retail space, volatility and uneven trading volumes, are now driving market participants to re-evaluate their OMS and tech providers, according to Jennifer Nayar, new President and CEO of Sterling Trading Tech (STT).

“As I saw firsthand with market data and trading platforms, clients are now seeing the benefits of moving their OMS and Risk to SaaS,” she told Traders Magazine.

According to Nayar, the rise of SaaS has been one of the most important recent trends in capital markets.

While cost-effectiveness and a high capacity for integration remain powerful drivers of SaaS adoption, the “trend goes deeper than that”, she revealed.

Many market participants – particularly those in the retail space – are feeling the effects of the downturn in trade volumes, giving them all the more reason to find a technology partner that can handle those functions in a cost-effective manner, Nayar said.

“The business optimization case for SaaS remains the same, but the stakes are now raised,” she said.

The former CEO of Vela Trading Systems, Nayar joined STT last week and set ambitious targets for the company.

轉貼自： tradersmagazine.com

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