Eventus Systems Taps Itiviti for Drop Copy Consolidation12.05.2019
Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Eventus Systems, a multi-award winning global trade-surveillance and market-risk platform provider, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centers.
“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, Eventus Systems. “By leveraging Itiviti’s powerful Managed 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.”
Eventus Systems now has access to Itiviti’s 25+ years of drop copy expertise, 12,500 global connections and expansive service team. Integration with Itiviti’s Managed FIX Service allows drop copies from various market centers to seamlessly feed into Eventus’ surveillance and market risk platform, Validus.
“Our new endeavor 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,” said George Rosenberger, Head of Managed FIX Service. “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.”
Itiviti’s Managed FIX Service is built on best-in-class FIX technology within a fully managed, scalable, platform at 17 data centers across the world, and is backed by over 350 global support specialists.
Issue is impacting some clearing members’ ability to provide the CFTC with timely and accurate data.
interoperability allows clients to build highly flexible solutions attuned to their specific needs.
Interested parties are invited to send their feedback by 31 March 2023.
ESMA’s DLT Pilot will start applying on 23rd March 2023.
The first phase of the rewrite was originally due to be implemented in May 2022.