RegTech100 company Eventus Systems picks FinTech Itiviti’s drop copy solutions

From: RegTech Analyst

Eventus Systems, the market risk management platform provider and RegTech100 company, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centres.

“We’ve invested considerably over the years in building out our in-house data-capture infrastructure from global markets across multiple asset classes,” said Travis Schwab, CEO of Eventus Systems. “By leveraging Itiviti’s powerful Mnaged FIX Service solution for drop copies, we’re now able to increase the breadth of our market coverage quickly and efficiently. The solution’s global reach and fast time to market were particularly appealing as we were contemplating our options.”

The deal will see Eventus Systems benefit from Itiviti’s wealth of experience, 12,500 global connections and expansive service team. Integration with Itiviti’s Managed FIX Service allows drop copies from various market centres to seamlessly feed into Eventus’ surveillance and market risk platform Validus.

Commenting on the deal, George Rosenberger, head of managed FIX service at Itiviti, said, “Our new endeavour with Eventus Systems is extremely exciting as it pinpoints the versatility of Itiviti’s Managed FIX platform, which can be tailored to meet the stringent demands of any buy side, sell side or service provider. In the case of Eventus, our speed to market and our experts’ deep knowledge in drop copy aggregation were a great fit for the firm’s needs. The company has attracted quite a following with its award-winning market surveillance platform, prompting us to establish a referral relationship.”

Eventus Systems recently revealed it was set to supply its services to Gain Capital, the online trading services provider.

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