Trade surveillance solutions firm Eventus and Phillip Capital have announced a formal continuation of their partnership.
The relationship centres around the brokerage and clearing firm utilising the Validus platform to satisfy its complete spectrum of trade surveillance requisites.
The principal reason underpinning this partnership’s extension stems from a mutuality in growth and safeguarding expeditions into diverse markets and products. Particularly, Eventus has been a pivotal support in PhillipCapital’s endeavours into equity options and more recently, into Eurex.
The persistent relationship assurance underpins the fortification of trade surveillance capabilities, ensuring regulatory compliance, and facilitating a steadfast and secure expansion into new trading markets.
Eventus brings to the table its influential Validus platform, renowned for providing adept, scalable trade surveillance across numerous lines of defence, ensuring companies like PhillipCapital can navigate regulatory challenges and market dynamics with heightened confidence and compliance.
On the other hand, PhillipCapital, whilst benefitting from such technological prowess, provides a strong presence in the futures and brokerage arena, effectively handling futures, equities, and equity options through its FCM and broker-dealer arms, underpinning its standing in the market with robust, reliable services.
Encompassing the entire range of futures, equities, and equity options that are transacted through PhillipCapital’s FCM and broker-dealer, the extended partnership with Eventus will see the persistent utilisation of the Validus platform for trade surveillance.
The collaborative initiative not only offers a technological edge but also a strategic advantage in navigating regulatory compliance, ensuring that all transactions are conducted securely, ethically, and in full adherence to regulatory stipulations.
The relationship between Eventus and PhillipCapital was initially forged in 2017 and was built on a foundation of technological innovation, enthusiastic collaboration, and mutual growth objectives. The partnership has not only seen the successful facilitation of ventures into new markets and products but has also underscored the successful, secure expansion of business operations on both sides.
PhillipCapital CEO Filippo Lecchini said, “I am thrilled to announce the extension of our partnership with Eventus for the foreseeable future. Our journey with Eventus commenced in 2017 when Phillip Capital first discovered this innovative company. What immediately struck us was not only their cutting-edge technology but also their unwavering enthusiasm in every interaction.
“This initial encounter laid the foundation for a highly successful and productive partnership with Eventus. Fast forward a few years, and I am happy to say that Eventus has not only fulfilled all our surveillance needs with exceptional service but also played a pivotal role in supporting the expansion of our business into new markets and products. Notably, Eventus facilitated our ventures into equity options and, more recently, into Eurex. I look forward to extending this partnership with the belief that our companies will continue on a path of success together.”
Eventus CEO Travis Schwab said, “We are so grateful that PhillipCapital is extending our long-standing relationship. We have been honoured to be a trusted partner of the fast-growing firm for so many years and to continue to play a vital role in supporting its expansion into new markets and products.
“As an early adopter of our platform, PhillipCapital has seen first-hand how Validus can scale to meet any capacity requirements as clients grow, as well as our team’s expertise in not only our customisable technology but the market and regulatory challenges facing the industry.”
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