Rosenthal Collins Group (RCG), an independent futures brokerage and clearing firm, has selected Eventus Systems’ Validus platform for trade surveillance. RCG chose the cloud version of the platform for its compliance officers to monitor trading activity and any regulatory issues.
RCG considered several trade surveillance vendors before selecting Eventus and the Validus platform, which has helped the company achieve cost savings while meeting objectives. The platform can be customised to RCG’s needs and allows compliance officers to make changes to parameters and adjust levels of surveillance alerts without the need for programmer input.
Tom Mallers, director of compliance at RCG, says: “Validus is a really good fit for us, and the customer support has been great. Eventus staff are extremely knowledgeable about the nuances of futures and the rules that apply. Even the layout of the platform demonstrates that the people behind it are well versed in exchange rules and terminology.”
Since deploying the solution, RCG requested a new feature for Validus. Eventus fulfilled the request benefiting not only RCG but all Eventus clients who want to use it. Travis Schwab, CEO at Eventus comments: “RCG made a great suggestion about a feature to add, and that is exactly the type of collaborative input we encourage.”
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