You can use the AIX error subsystem and hook alerts or action routines; however, the downside of this method is that you have to modify all the lpars (note: the error log system does support central logging I think in the purescale environment...not sure).
What you is modify the errnotify odm in order to do this. You could create odm-add files and push this to each lpar.
Here is an example. You could of course have an action routine that sends a snmp trap to your event manager (most should support snmp traps).
ODM Error Notify Method - Mt Xia: Global System Administration: AIX
Note: the snmp dameon and smux peer for aix provide quite a bit of information. If your event monitor does support snmp you may want to startup the snmp daemon and smux to trap to your event monitor and setup it to query. To test this info, you can configure /etc/snmpd.conf and do an snmpinfo -m dump -c public from a machine or use a mib browser
Posted to the wrong thread. I meant to comment on Zaxon's message about the HMC and events. I agree with Baukin regarding snmp and RSCT. I think snmpv3 addresses security...not sure. I am currently taking a look. Traditionally community strings were transferred in clear text.
It seems the "value" of RSCT for ibm products now is that basic/cheap lowest level cluster communication it provides for products like the HMC, VIOS, CAA (cluster awareness built into AIX).
Security is Not My Problem....that's a good one! :-)