Eventus and Phillip Capital Strengthen Long-Term Trade Surveillance Partnership

In a significant development for the trading community, Eventus, a leading provider of trade surveillance solutions, and Phillip Capital Inc., a prominent U.S.-based futures commission merchant (FCM) and broker-dealer, have announced the extension of their long-standing relationship. This renewed agreement focuses on utilizing the Eventus Validus platform for comprehensive trade surveillance across all markets that Phillip Capital operates within, which includes U.S. equities, options, fixed income, global futures products, and prediction markets.

Eventus's CEO, Cameron Routh, expressed his enthusiasm for the continuation of this partnership, stating, "We're thrilled that as Phillip Capital has grown and prospered, Validus remains the trade surveillance platform of choice for meeting its diverse compliance needs across asset classes. This enduring relationship demonstrates the firm's commitment to a robust surveillance program and collaboration with our team to ensure we continue to meet its evolving requirements."

On the ground at Phillip Capital, Ben Reynold, a Market Surveillance Analyst, articulated the critical role that trade surveillance plays in their operations. He highlighted that for Phillip Capital, maintaining market integrity and effective risk management is fundamental. "Trade surveillance isn't just a regulatory checkbox for us; it's an essential line of defense that protects our clients, our firm, and the broader markets. Effective surveillance ensures we maintain the highest standards of trust and compliance as we continue to grow and innovate," he stated.

Within the context of being a clearing broker-dealer and FCM, Reynold noted that Phillip Capital's surveillance needs are not uniform. Therefore, the decision to continue the partnership with Eventus was based on key factors such as reliability, flexibility, and a true sense of partnership. "We required a platform that provides us with deep visibility and robust alerting capabilities without creating overwhelming noise. Eventus has consistently delivered a system we can rely on, supported by a team that comprehends our business model and is always ready to collaborate when adjustments are needed," he explained.

About Eventus

Eventus stands at the forefront of trade surveillance software, providing state-of-the-art solutions suitable for various lines of defense. Its award-winning Validus platform is recognized for its capabilities across asset classes including equities, options, futures, foreign exchange (FX), fixed income, digital assets, and prediction markets. Validus is revered for its effectiveness in dealing with complex, high-volume, and real-time environments, proving essential for Eventus's expanding client base, which includes tier-1 banks, broker-dealers, proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulatory bodies. Clients trust the platform as well as Eventus's responsive support and product development to navigate the pressing regulatory challenges linked to trade surveillance. More information is available on their website: www.eventus.com.

About Phillip Capital

Phillip Capital is a clearing firm based in the U.S. that offers a wide range of access to various exchanges and asset classes, including U.S. equities, options, fixed income, global futures products, and prediction markets. The firm caters to a diverse clientele that includes financial institutions, traders, commercial hedgers, and introducing brokers. Phillip Capital combines infrastructure and expertise with strategic risk management, empowering clients to trade with confidence across global markets.

Both companies are poised to benefit from this strengthened alliance, ensuring robust compliance measures and enhanced market integrity as they move forward together in the dynamic financial landscape.