Rosenthal Collins Group Signs with Eventus Systems for Trade Surveillance

Rosenthal Collins Group Signs with Eventus Systems for Trade Surveillance
14.03.2018 07:30 am

Rosenthal Collins Group Signs with Eventus Systems for Trade Surveillance

Security

Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, announced today that Rosenthal Collins Group LLC (RCG®), a leading independent futures brokerage and clearing firm, has deployed its Validus platform for RCG’s trade surveillance needs.

RCG chose the cloud version of the platform for its compliance officers to monitor trading activity and watch for any potential regulatory issues.

RCG Director of Compliance Tom Mallers said: “We looked at a lot of trade surveillance vendors for the industry, and Eventus offered us a powerful solution with Validus. The cloud-based platform is easy to use and flexible, and we’ve been able to achieve significant cost savings while meeting our objectives.”

Mallers said RCG appreciates the flexibility of the Validus software – particularly the ability to make changes to parameters and adjust levels of surveillance alerts – and customize it to the firm’s specific needs. “We don’t need to be programmers to make our own changes,” he said. 

“This is a really good fit for us, and the customer support has been great. Eventus staff is not only responsive and accessible but 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,” Mallers said.

Since deploying the solution, RCG requested a new feature for Validus, and Eventus made the change promptly – benefiting not only RCG but all Eventus clients who want to use it.

Eventus CEO Travis Schwab said: “We’re very pleased to partner with RCG on its surveillance program following an extensive due diligence process that Tom and his staff conducted. Right off the bat, the firm made a great suggestion about a feature to add, and that is exactly the type of collaborative input we encourage.”

Related News

Mitek and JanusID Deliver Real-time Identity Verification to SMBs

Mitek (NASDAQ:MITK), a global leader in mobile capture and digital identity verification solutions, and JanusID, the... Read more »

Payment Security Compliance drops for the first time in six years, states Verizon’s 2018 Payment Security Report

After documenting improvements in Payment Card Industry Data Security Standard (PCI DSS) compliance over the past six years (2010 – 2016), ... Read more »

NICE Actimize Transforms Indonesia’s Bank Central Asia Anti-Money Laundering Compliance Operations

NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in Autonomous Financial Crime Management, has been chosen by Indonesia’s PT Bank... Read more »

Akamai Credential Stuffing Report Shows Financial Services Industry Under Constant Attack From Automated Account Takeover Tools

According to the Akamai 2018 State of the Internet / Security Credential Stuffing Attacks report, worldwide malicious login attempts are on the rise. Findings from the... Read more »

Cryptomathic supports Deutsche Post Qualified Electronic Signatures

Deutsche Post has entered the era of end-to-end digitalization by extending its Postident digital identity management services with Qualified Electronic Signatures (QES),... Read more »

Gemalto and R3 pilot blockchain technology to put users in control of their Digital ID

Who are you, and can you prove it? The new Gemalto Trust ID Network enables users to give digital service providers fully verified and secured answers to these simple... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App