…to help people without proprietary software and a team of developers compete in the capital markets industry with an end-to-end technology solution.
Born in Chicago
Rival Systems was originally built as the proprietary trading and risk management system for Ronin Capital. Over 12 years we worked with some of the best traders and risk managers in the industry to build enterprise solutions across a wide range of products and strategies. In September of 2015 we spun off from Ronin to commercialize the Rival platform. Within our first year we earned multiple awards for our innovative trading and risk management capabilities and ultra-low latency performance.
Leading through innovation and service is one of the key values that drives us every day. Since we launched, we’ve constantly expanded our capabilities and worked closely with clients to rapidly deploy new features, add support for new exchanges and brokers, and find ways to leverage the latest technologies, all while providing an unparalleled level of support.
In partnership with our clients we’ve built an ecosystem of products and connectivity that’s a culmination of all the knowledge and expertise we’ve gained over the years. As the markets evolve, our clients, our team, and our technology continue to get smarter with every trade.
- September 2015
- Launched Rival Trader and Rival API on CME, CBOE, and CFE
- November 2015
- Launched Rival Risk
- January 2016
- Certified on Eurex
- February 2016
- Certified on ICE
- October 2016
- Certified on NFX
- November 2016
- Won Best Buy-Side Commodities Trading Platform (Waters Technology)
- December 2016
- Won Best New Risk Management Technology award (FOW)
- March 2017
- Launched FGPA solution
- May 2017
- Added support for execution via Lime Brokerage
- May 2017
- Added support for market data via QuantHouse
- June 2017
- Launched Rival Risk Mobile
- September 2017
- Added support for execution via BAML
- October 2017
- Added HKEX feed handler
- November 2017
- Won Best Buy-Side Commodities Trading Platform again (Waters Technology)
- December 2017
- Launch Option Algo Design functionality
- January 2018
- Certified with BATS CFE
- April 2018
- Added on demand VaR in Rival Risk
- June 2018
- Added support for execution via Interactive Brokers
- July 2018
- Added CTA and Nasdaq UTP feed handlers
- September 2018
- Added OPRA feed handler
Our values guide our actions
Lead through innovation and service
Know more than the competition
Share knowledge by teaching others
Solve problems through data, design, and iteration
Build success through client success
Our Leadership
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CEO
Rob D’Arco
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Vice President, Head of Engineering
Rahul Raghavan
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Vice President, Head of Technology
Sibi John
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Director of Enterprise Risk Management Systems
Shen Ho