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Blue Ocean Technologies chooses Eventus for data-driven surveillance


30 June 2025 US
Reporter: Justin Lawson

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Image: OpenStudio/stock.adobe.com
Blue Ocean Technologies has selected Eventus' Validus platform to provide trade surveillance for its after-hours equities trading venue.

The after-hours trading platform chose Validus for its effectiveness in processing large data volumes and delivering enhanced analytics for operational reporting and long-term data-driven decision making, it says. The platform provides centralised, flexible and scalable data monitoring capabilities essential for Blue Ocean's expanding business operations.

“Selecting the Validus solution will significantly increase our ability to monitor activity on the Blue Ocean ATS platform as a result of its comprehensive surveillance features and processes,” says Chris Meade, chief compliance officer at Blue Ocean ATS. “Our ability to view what we need in a centralised, flexible and scalable fashion through Validus is essential functionality that serves our evolving and growing business.”

The implementation supports Blue Ocean's position as the first after-hours trading platform completing the 24-hour equities market cycle. The venue requires robust data surveillance tools to manage the unique challenges of extended trading hours whilst maintaining market integrity standards.

Eventus chief executive Travis Schwab highlighted the firm's positioning for 24/5 market surveillance. “As the equities market increasingly moves toward a 24/5 model, we are uniquely positioned as the leader in the trade surveillance space to support marketplaces and market participants in this important evolution,” he says.

The Validus platform handles surveillance across multiple asset classes including equities and digital assets operating on 24/7 schedules. Eventus research indicates that surveilling extended trading hours requires adaptable systems capable of managing new thresholds, procedures and staffing models whilst processing increased data flows.

For data managers and compliance teams, the selection demonstrates growing demand for surveillance solutions that combine real-time monitoring with comprehensive data analytics capabilities.
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