Rosenthal Collins Group Signs with Eventus Systems for Trade Surveillance

Eventus Systems, Inc. has announced 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 customise 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.