FTX US Selects Eventus For Trade Oversight And Risk Control Of Crypto Spot, Futures And Options Markets


NEW YORK, December 8, 2021 / PRNewswire / – FTX United States, one of the largest regulated cryptocurrency exchanges in the United States, and Eventus Systems, Inc., an award-winning global provider of multi-asset class trade and market risk monitoring solutions, today announced that the exchange will deploy Eventus Validus platform for performing trade oversight and risk control over FTX US and FTX US Derivatives, its recently acquired cryptocurrency futures and options licensed exchange and clearinghouse.

Brett harrison, the Chairman of FTX US said, “FTX US is committed to being at the forefront of compliance, security and transparency in the cryptocurrency ecosystem. We chose Eventus because their team has extensive experience in meeting the highest regulatory and compliance standards across multiple asset classes, including crypto and listed derivatives – and ensured that Validus can meet the stringent requirements of the Marlet. This is the final step in our mission to provide industry-leading regulatory and compliance services to investors who trade on our platform. “

FTX US Derivatives plans to take advantage of the extensive alert coverage, end-to-end business practice investigation tools and advanced data labeling provided by Validus to monitor its listed derivatives market. Additionally, FTX US Derivatives and FTX US plan to implement cross-market monitoring to detect behaviors spanning multiple asset classes and order books, and use machine learning-based noise reduction tools in Validus. to allow compliance staff to focus on key information.

CEO of Eventus Travis Schwab said, “FTX’s US spot and derivatives markets are clearly positioned for significant growth. We are excited to provide the exchange with a proven and powerful platform that can scale to meet its needs in the future while continuing to attract new institutional and retail clients and as the global regulatory environment continues to grow. crypto evolves.With a multitude of CFTC regulated entities in the United States among our customer base leveraging Validus, a growing number of companies in the crypto space looking to grow are benefiting from our deep expertise and of our know-how. -market directions, as well as our ability to hedge not only spot markets, but also derivatives and equities, as well as ETFs and other trading instruments in both digital assets and traditional finance. “

Eventus is the world’s leading provider of trade surveillance solutions for cryptocurrency exchanges. Validus meets the high security requirements of the exchanges and offers the ability to perform real-time, 24/7 monitoring on billions of messages across the transaction lifecycle per day. Eventus offers a “one-tier” compliance and risk offering made possible by aggregating data into Validus from leading Know Your Customer (KYC) and Anti-Money Laundering (AML) providers.

About Eventus systems

Eventus Systems is one of the world’s leading providers of multi-asset class trade monitoring and market risk management solutions. Its powerful, award-winning Validus platform is easy to deploy, customize and operate in the equity, options, futures, currency (FX), fixed income and digital asset markets. Validus has a proven track record in the most complex, high volume, real-time environments of Tier 1 Banks, Brokers, Commission Futures Traders (FCMs), Proprietary Trading Groups, Market Centers , purchasing institutions, energy and commodities trading companies, and regulators. The company’s rapidly growing customer base relies on Validus and Eventus’ responsive product development and support teams to overcome its most pressing regulatory challenges. To find out more, visit www.eventussystems.com.

About FTX US
FTX US is a US regulated cryptocurrency exchange built from the ground up. Its mission is for FTX US to grow the digital currency ecosystem, provide US and international merchants with a platform that inspires loyalty, and become a market-leading US regulated cryptocurrency exchange.

To learn more about FTX US, please visit: https://ftx.us/

SOURCE Eventus and FTX US system

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