ALGO MONITORING SOFTWARE
Algo monitoring software to reduce risk and satisfy regulatory requirements
OVERVIEW
Algo Monitoring Software
The Validus Algo Monitoring solution helps you test, document and monitor all your trading algorithms to reduce risk and ensure compliance with regulations including the Market Abuse Regulation (MAR) and MiFID II’s Regulatory Technical Standard 6 (RTS 6).
Monitors algo performance in real-time across dozens of customizable parameters including volume, frequency of orders, cancels, fills, etc.
Generates actionable alerts within five seconds of a parameter breach
Supports “kill switch functionality” by quickly identifying which algo is responsible for a breach
Provides a sandbox environment for thorough algo testing
Combines alerting, investigation and remediation into a single platform
KEY BENEFITS
RISK REDUCTION
Reduces financial risk and potential loss
NO ERRANT INTERRUPTIONS
Helps ensure properly functioning algos are not halted
RESPONSIVENESS
Supports RTS 6 requirements to take remedial action as soon as an alert has been generated
STREAMLINED TESTING
Streamlines the documentation of testing results
Learn more about how Validus can help your business
WHITE PAPER
The growing electronification of price discovery and order management presents its own unique challenges to those responsible for keeping pace with the monitoring of market abuse in one of the most performance-driven parts of the market.
CLIENT TESTIMONIAL
“Eventus was able to work with us and CQG to address our unique requirements. We’re now active on the platform, which is easy to use, and Eventus’ training and responsiveness have exceeded our expectations.”
— Director of Compliance, GAIN Capital