PTS Financial Technology, LLC

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PTS Financial Technology, LLC - overview

Established

2001

Location

Chicago, IL, US

Primary Industry

Software

About

Based in the US, PTS Financial Technology, LLC develops advanced technology solutions for capital market participants, enhancing trading efficiency and risk management for clients worldwide. Founded in 2001 and headquartered in Chicago, US, PTS Financial Technology, LLC specializes in providing technology solutions for traders and financial institutions. In September 2021, L Squared Capital Partners, along with management, acquired the company from LLR Partners, focusing on expanding its product offerings and market reach. The CEO is Jennifer Nayar, who leads the company in its strategic initiatives.


Sterling Trading Tech (STT) primarily offers comprehensive multi-asset class technology solutions tailored for traders, operations teams, and risk professionals within the capital markets. Their core product offerings include Order Management Systems (OMS), real-time Risk and Margin tools, and trading platforms accessible via web, mobile, and desktop applications. These solutions are designed to streamline trading processes while enhancing operational efficiency and risk management capabilities. Notable clients include financial institutions such as broker-dealers, clearing firms, family offices, and proprietary trading firms, which leverage STT's sophisticated cloud technology to manage their trading operations.


The company’s products are utilized globally, with a focus on key markets including North America, Europe, and Asia-Pacific, catering to a diverse range of end-users who require reliable and robust trading technology solutions. Sterling Trading Tech generates revenue through a structured business model centered on subscription fees and service agreements for its technology offerings. Clients typically engage with STT by subscribing to its flagship products, such as the Order Management System and the Risk and Margin System, which are essential for facilitating real-time trading and risk mitigation. The company establishes long-term partnerships with its clients, ensuring continuous support and updates for its solutions, thus enhancing client retention and satisfaction.


Revenue is derived from these subscriptions and any associated services, which may include training, technical support, and software updates, with a tiered pricing structure based on client needs and trading complexities. Following its acquisition in September 2021, PTS Financial Technology, LLC plans to expand its product suite and enter new markets and asset classes. The company is focusing on developing additional features for its existing products while exploring opportunities in emerging markets. Recent funding will be utilized to support these initiatives, enabling STT to enhance its offerings and expand its geographical footprint to key regions globally.


Current Investors

L Squared Capital Partners

Primary Industry

Software

Sub Industries

Brokerages, Accounting/Finance Software

Website

www.sterlingtradingtech.com

Verticals

Cloud Computing, FinTech, Mobile Apps

Total Amount Raised

Subscriber access only

PTS Financial Technology, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedPTS Financial Technology, LLC-
GrowthCompletedPTS Financial Technology, LLC-

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