Interactive
SPORTS BETTING SIS TRADING SERVICES
SIS Trading: resilience through flexibility
Adam Conway, Head of Trading at SIS, explains how the service has evolved to meet the specific requirements of operator partners and why there is increased demand for derivatives.
operator in-house trading teams to help them with the new style of betting activity. SIS Trading Services has performed strongly this year as we have adapted our offering, especially with greyhounds. Traders have focused more on the complete journey of greyhound pricing all the way until the-off, which has substantially improved margins for operators.
Adam Conway, Head of Trading, SIS
Adam Conway is a trading specialist with nearly 20 years’ experience in the betting and gaming industry. As Head of Trading at SIS, he is responsible for the creation and development of the company’s trading teams and services. Previously, Adam was Head of In-Play Trading at Ladbrokes where he spent 11 years with the bookmaker. He also advised News UK on its creation of a number of betting products, a process that led to the launch of Sun Bets in 2016.
What challenges has 2020 posed to SIS Trading Services and how have you adapted your offering to overcome these obstacles?
We have shown our resilience to overcome the challenges that 2020 has presented. Following the shutdown of live sports across many regions, we introduced new horse and greyhound racing content from several territories for our operating partners. Understanding how to price this new content was key and we’ve worked closely with
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Why do current circumstances necessitate greater flexibility in the trading services you offer to customers?
It is important to be flexible in order to meet the specific requirements of each operator partner as they can differ greatly. For instance, the demand for horse and greyhound racing content continues to grow internationally and particularly in regions where previously it has not been a popular betting product, which means some operator trading teams do not hold the specialist knowledge needed to price it effectively.
Outsourcing trading services to SIS can be highly advantageous to these customers. With SIS Trading Services operators can entrust our dedicated team of specialist racing traders and receive an end-to-end solution including the most comprehensive range of markets and pricing for horse and greyhound racing. We fully appreciate too that there are operators which have built their own in-house trading teams, which is why SIS Trading Services can work just as effectively as a complementary resource, delivering high-quality real time prices on international events.
How important is offering a wide range of derivatives, particularly during this time?
Derivatives are becoming increasingly popular with overseas operators as they are very appealing to new bettors who may not be as knowledgeable on horse and greyhound racing content. SIS Trading Services compiles these derivative prices off-track, with the value of each being derived from the value of other prices or betting opportunities. Markets including match bets, odds versus evens and betting without the favourite encourages greater engagement amongst all types of bettors and helps complement traditional betting markets.
We have begun to enhance the way in which we present derivatives prices for international operators by offering greyhound prices to bettors in a casino format, such as a roulette style, making the product more appealing to a wider audience. Tere is a lot more to come from derivatives and we are always looking to expand our range of markets.
What role does the Trading Services team play in supporting operators who have never previously delivered racing content?
Operators new to offering horse and greyhound racing content can completely outsource their trading to SIS. Our SIS Trading Services team consists of traders who have specialist knowledge of racing and are backed by our in- house developed algorithms, to deliver quality prices. With a strong heritage of 30 years of live pictures and data collection and delivery to the
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