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PDQ selects Eventus for risk & surveillance management

First Published 14th April 2016

PDQ ATS enhances risk surveillance capabilities with Eventus platform

Austin, TX, and Glenview, Illinois - Eventus Systems a software provider focused on providing real-time holistic risk management capabilities to capital markets, has been selected by PDQ ATS, an independent alternative trading system that provides customized execution and liquidity generation for equity market participants, to enhance the risk management and surveillance components of its trading market. Eventus' Validus platform has been fully deployed across PDQ ATS where it will provide a broader view of risk exposure across all of PDQ ATS' broker dealer and institutional subscribers.

"From our perspective, Validus is the best risk and surveillance technology available to strengthen our commitment to a fair and efficient marketplace and protect our subscribers and trading partners," said Christopher Meade, Chief Compliance Officer of PDQ ATS. "Partnering with Eventus and implementing Validus dramatically increases PDQ ATS's ability to surveil risk exposure and market activity in both real-time and historical scenarios."

"PDQ ATS has taken some major strides in creating alternative liquidity sources for market participants and Validus is the ideal solution for managing risk on an ATS, so this was a perfect fit," said Travis Schwab, CEO of Eventus. "We're very excited to work alongside PDQ as we continue to create these unique opportunities within the marketplace."