Eventus and FinClear announced that FinClear has installed Eventus’ Validus platform for trade surveillance and post-trade monitoring.
FinClear planned to choose Eventus for customizing the platform with the help of technology to engage the team with core financial activities.
Eventus gave FinClear the opportunity to tailor Validus to fulfill the specific needs of equity market demands at scale.
As new regulators are putting up a set of responsibilities on brokers to monitor trading activity, it has forced FinClear to maintain its market integrity and report suspicious activity to provide accurate data to the regulators daily.
However, Eventus software will be an essential tool to assist in managing trading responsibilities and keep FinClear safe from severe penalties on brokerage activities.