NEW YORK, July 3, 2024 – FIA Tech, a leading technology provider to the exchange-traded derivative industry, announced today that Eventus, a leading provider of comprehensive, at-scale trade surveillance software, has joined the FIA Tech Databank Network and will be integrating FIA Tech’s cross reference symbology and core contract specifications data into its client offering.
This is the first example of a trade surveillance and market risk solution provider embedding Databank into its service offering to clients. The Databank Network is FIA Tech’s initiative to bring together independent software vendors (ISVs), exchanges, clearing houses and other technology providers into an interoperable global network simplifying the use of reference data, analytics and software solutions from participating firms. It unifies reference data from over 80 exchanges and central counterparties (CCPs), leading index providers including FTSE, MSCI, S&P, STOXX, ISVs and data vendors EDI and Factset.
Andrew Castello, Vice President, Head of Client Operations at FIA Tech said: “Eventus’ integration of our Cross Reference Symbology and Contract Specifications is a testament to the value of our reference data offering. We are very pleased to welcome Eventus to the Databank Network and have Eventus make use of the data and services FIA Tech provides for the benefit of its clients.
Eventus Chief Operating Officer Jeff Bell said: “At Eventus, we are dedicated to continuously enhancing our capabilities to meet the evolving needs of our clients. By integrating FIA Tech’s cross reference symbology and core contract specifications services into our Validus platform, we are not only expanding our data interoperability but also reinforcing our commitment to providing the most comprehensive and reliable surveillance solutions available.”
About Eventus
Eventus provides state-of-the-art, at-scale trade surveillance software across all lines of defense. Its powerful, award-winning Validus platform is easy to deploy, customize and operate across equities, options, futures, foreign exchange (FX), fixed income and digital asset markets. Validus is proven in the most complex, high-volume, and real time environments of Eventus’ rapidly growing client base, including tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. Clients rely on the platform, coupled with the firm’s responsive support and product development, to overcome its most pressing trade surveillance regulatory challenges. For more, visit www.eventus.com.
About FIA Tech
FIA Tech is the leading technology provider to the exchange traded derivatives industry. Owned by a consortium of twelve leading clearing firms and the Futures Industry Association (FIA), FIA Tech is committed to serving the industry and launching innovative solutions to improve market infrastructure across the listed and cleared derivatives industry. FIA Tech works in close partnership with the broader industry, including exchanges, clearinghouses, clearing firms and other intermediaries, as well as independent software vendors, buyside firms and end users to bring efficiency to the exchange traded and cleared derivatives industry.
Current FIA Tech services include digitally managing give-up agreements, meeting regulatory compliance requirements arising from CFTC, MIFID II and exchange regulatory compliance, reconciling and settling brokerage fees and providing reference data products that are required across the pre- and post-trade space in futures and equity options.
For further information please contact:
For FIA Tech:
Candice Adam
cadam@fia-tech.com
+44 (0)7771 906 073
Call: 1.202.772.3000
Email General Client Support: clientservices@fia-tech.com
Call: 1.202.772.3000
Email Atlantis Support: atlantis.support@fia-tech.com
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Email Docs Support: docs.support@fia-tech.com
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Email OCR Support: ocr.support@fia-tech.com
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Email eRecs Support: erecs.support@fia-tech.com
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Email Databank Support: databank@fia-tech.com