Hetherington said GFH has a high volume of data and requires a robust solution. It was also important that team members can easily modify existing surveillance rules, while also having the ability to create and test their own rules. She noted that Eventus offered flexibility in the option to customize the platform, but also competitive pricing and a high level of client service. Hetherington added that Validus goes deeper than other solutions which identify manipulative activity such as spoofing, layering and wash trading and actually covers a wide range of exchange rules as well as certain jurisdictional requirements.
Eventus CEO Travis Schwab said:
Source LinkedIn
The team at GHF has been truly enthusiastic about our offering, and we’re excited to migrate the firm to our platform. We have increasingly been a resource for helping firms meet MiFID II requirements as we grow our business in Europe, while addressing global clients’ needs in jurisdictions around the world, including in the Asia Pacific region.
Hetherington commented:
We all have the same end goal; we want the markets to be clean and to offer a level playing field. It’s our intention to build a partnership with our surveillance provider to help further develop the system to address GHF’s challenges of ever evolving markets. We would hope this could also benefit all users on the platform, and we can benefit from input and experience offered by other Eventus clients. The firm is very receptive to this type of two-way dialogue and committed to constantly building on the platform.
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