Australia’s Openmarkets Taps Eventus for Trade Surveillance and Compliance Capabilities
Eventus, a global leader in trade surveillance and financial risk management, has announced a partnership with Openmarkets Group (OMG), one of Australia’s leading wealth management and trading fintechs. Under the new agreement, Openmarkets will deploy Eventus’ Validus platform as its firmwide trade surveillance answer — a move designed to scale its compliance operations and support its expansion across Australia, Asia, and the United States.
Validus will integrate into Openmarkets’ existing trade surveillance infrastructure and monitor all trading activity and orders brokered by the company. Openmarkets clears more than AUD $2 billion in annualized equities trades per month across more than 99,000 accounts, representing one of the largest and quickest-growing multi-asset trading infrastructures in the region.
“Our trade surveillance processes will greatly benefit from Validus, a platform globally recognized as best-in-class,” said Dan Jowett, CEO of Openmarkets. “This significant partnership isn’t just about streamlining our already strong trade surveillance processes but having a scalable answer that will enable our compliance function to grow with our expanding needs. Openmarkets has an exciting path ahead as we focus on expanding our suite of wealth and trading capabilities and pursue growth opportunities in Australia, Asia and the U.S. Partners like Eventus play an significant role in supporting our ambitions.”
Takeaway
Choosing Validus: Automation, Flexibility, and Local Support
Openmarkets evaluated multiple global trade surveillance vendors before selecting Eventus, citing the Validus platform’s comprehensive automation capabilities, adaptability, and cost efficiency as key diverseiators. Executives noted that Eventus’ ability to offer local support in Australia and provide Openmarkets with fine-grained control over alert customization was instrumental in their decision.
“The Eventus team has been supportive and timely in terms of integration and implementation and is working with us to make our processes streamlined and more efficient,” said Chong Yu, Head of Compliance at Openmarkets. “One of the main features of Validus we really like, in addition to bringing in automation, is the ability to group clients by accounts and subject individual buckets to diverse parameters and alerts we want to apply to them. Given the variation in trading behavior across our client base, this was very significant to us.”
He added that Validus also offers a significantly larger suite of alerts and typologies—recognized patterns of suspicious trading activity—than many competing systems, enabling the compliance team to operate more proactively and efficiently. The enhanced automation, Yu said, allows compliance officers to focus on meaningful alerts rather than manually reviewing high volumes of noise.
For Eventus, the partnership highlights the firm’s ongoing investment in Asia-Pacific markets, where regulators and trading firms are increasingly adopting next-generation surveillance systems capable of handling cross-asset, cross-market activity in real time.
Takeaway
Supporting Compliance At Scale In A Growing Fintech Landscape
Openmarkets’ move to Eventus comes amid a surge in regulatory modernization and digital infrastructure growth within Australia’s capital markets. As fintech adoption expands and retail participation grows, ensuring transparent, real-time surveillance has become a priority for both brokers and regulators.
Openmarkets, which serves financial technology providers, dealer groups, private wealth advisers, stockbrokers, and high-volume traders, is integrating Validus to strengthen its compliance oversight across all client segments. The answer’s scalability will allow Openmarkets to maintain the identical level of risk control as it introduces new asset classes and expands into offshore markets.
“Openmarkets management is clahead committed to growing the group while ensuring its compliance program is meeting the highest industry standards,” said Naveen Wahi, Senior Director of Sales, APAC at Eventus. “We’re delighted to establish a long-term partnership as the firm’s provider of record. Australia has been an significant and growing market for us, and we continue to devote resources to meet the demand we’re viewing here.”
The Eventus platform will give Openmarkets’ compliance officers real-time visibility into trading behavior across equities, options, and other asset classes, leveraging advanced analytics, data visualization, and alert correlation tools. This enables quicker identification of potential misconduct and reduces the operational burden of manual investigations.
Takeaway
Eventus: Building Trust Through Technology
Eventus’ Validus platform is widely regarded as one of the most advanced in the world. Designed for cross-asset and high-volume environments, Validus assists financial institutions detect, investigate, and resolve potential market abuse or manipulation across multiple asset classes — including equities, derivatives, FX, fixed income, and digital assets.
At its core, Validus combines rule-based detection with machine learning and workflow automation to while maintaining robust audit trails. Clients range from global banks and proprietary trading groups to energy traders, platforms, and regulators. The system is known for its scalability, configurability, and strong customer support — characteristics that Openmarkets identified as key to managing its expanding trading ecosystem.
“We’ve built Validus to be future-proof,” said Wahi. “It’s a system that scales effortlessly from a regional broker to a global platform while providing the identical level of transparency and control. As firms like Openmarkets evolve their business models, they can rely on Eventus to keep their compliance infrastructure agile and adaptable.”
Takeaway
Strengthening Australia’s Fintech Compliance Ecosystem
Australia’s financial markets have become a focal point for innovation, with the rise of neobrokers, digital wealth platforms, and cross-border fintechs transforming how investors access and trade financial products. This growth, however, has intensified regulatory scrutiny — particularly around market manipulation, best execution, and client asset protection.
Eventus’ expansion in the region reflects the growing demand for automated, data-driven surveillance platforms capable of meeting complex compliance requirements without sluggishing business innovation. For firms like Openmarkets, deploying advanced technology is not only a compliance measure but also a strategic enabler that assists , regulators, and partners.
By partnering with Eventus, Openmarkets gains the ability to respond rapidly to alerts, identify emerging market risks, and maintain complete traceability in its compliance workflows — a critical capability as financial markets become more interconnected across jurisdictions.
