Eventus

We're delighted that Eventus continues to grow, with a 25% increase in our client base over the past year and expanding our global footprint by welcoming our first South African client! 🌍 This milestone coincides with another prestigious win for our Validus platform, which has been awarded the Best Trade Surveillance Solution at the TradingTech Insight USA Awards 2024 . This recognition follows our recent accolade in the same category at the 2024 RegTech Insight Awards APAC. 🌟 Our CEO, Travis Schwab, commented, “With nearly 100% retention, new tier-1 bank clients, and continuous platform enhancements, we’ve never been stronger.” New Validus features include advanced data coverage, real-time cross-product spoofing detection, and enhanced behavioral analytics. We are committed to delivering best-in-class trade surveillance and market risk solutions for our clients. Read the full release here: https://hubs.ly/Q02B0RVY0 #tradesurveillance #marketrisk

Eventus is in Dallas this week for the Security Traders Association 2024 Texas Traders Convention. Look out for our CEO and Founder, Travis Schwab, or to book some time with him email info@eventus.com. #STATexasTradersConvention

Several high-profile enforcement actions in the U.S. and abroad have placed trade surveillance under intense regulatory scrutiny. While all cases are unique, there are overarching trends that demonstrate where legacy surveillance systems are currently falling short—with alert adjudication, calibration and supervisory controls all in the spotlight. In this article on TabbFORUM, Joe Schifano, Global Head of Regulatory Affairs, Eventus, explores what this shifting regulatory landscape means for firms and why it demands a different approach to trade surveillance. https://hubs.ly/Q02TppX80 #Regulation #TradeSurveillance #CCO #MarketAbuse #MarketManipulation

Bitnomial and Eventus today announced that Bitnomial Exchange has selected the Eventus Validus platform for all of its trade surveillance needs. Bitnomial sought a comprehensive, scalable trade surveillance solution as the firm has grown extensively and expanded into new products and business lines. Eventus CEO Travis Schwab said: “Bitnomial continues to see phenomenal growth as an exchange business that can meet the needs of the most discerning institutional investors. Our extensive experience in digital assets globally, combined with internal markets and regulatory expertise and a best-of-breed solution, all played a role in this selection.” Read the full release: https://hubs.ly/Q02SjG970 #tradesurveillance #digitalassets

The EU’s Markets in Crypto-Assets Regulation (MiCA) signals increasing regulatory alignment between traditional finance and digital assets. But fundamental differences remain, with research from Acuiti.io indicating that 71% of firms cite adapting to these nuances as a major challenge in establishing MiCA-compliant surveillance systems. As MiCA comes into force, CEO Travis Schwab talked with WatersTechnology.com to explain why Eventus is uniquely positioned to help firms bridge the gap. https://hubs.ly/Q02S9Nc30 #MiCA #Regulation #TradeSurveillance

Trade surveillance is at “a critical inflection point”. More and more firms are embarking on modernization efforts to contend with evolving regulatory enforcement trends and the limitations of legacy technologies. Our Global Head of Regulatory Affairs, Joe Schifano, sat down with Traders Magazine to explain why this proactive approach should be welcomed—and how a targeted approach to modernization, along with a commitment to continuous improvement, is key in today’s dynamic trading landscape. Learn more: https://hubs.ly/Q02S7MV00 #tradesurveillance #CCO #marketabuse #marketmanipulation

Struggling to spot complex wash trade patterns across multiple accounts? We understand. Validus empowers firms to track patterns of potential wash trade activity through: ✅ Automation for efficiency ✅ Suprervisory controls ✅ Customizable surveillance ✅ Calibration assistance Eventus clients cast a wider net and close 85% of their alerts via automation, leaving behind an audit trail and data that can be monitored over time. Download to learn more: https://lnkd.in/eqKnsKq3 #tradesurveillance #CCO #marketabuse #marketmanipulation

The overwhelming volume of alerts generated by surveillance systems is a major drain on resources. Excessive alerts arise from various factors, with poorly configured thresholds often the main culprit. When thresholds don’t align with the nature of the monitored instrument or the relevant accounts, it floods the system with unnecessary alerts. This is compounded by market volatility and low-priced securities that trigger alerts with nearly every price change, along with conservative settings designed to avoid missing true positives. Learn how Eventus is helping firms address these challenges and maximize their resources: https://hubs.ly/Q02R-MM-0 #TradeSurveillance

Congratulations to our client, ACX (AirCarbon Exchange), for being named "Best Carbon Exchange" at the Environmental Finance Voluntary Carbon Market Rankings 2024—for the fourth consecutive year! Well done to the entire ACX team on this well-deserved accolade!

Our Global Head of Regulatory Affairs, Joe Schifano, shares his expert insights on the challenges compliance teams face as market complexity grows in a recent Traders Magazine article, ‘Navigating the Evolving Landscape of Market Manipulation and Trade Surveillance.' 🔍 Regulatory bodies like the U.S. Commodity Futures Trading Commission are placing greater emphasis on the processes firms use to ensure compliance 🕵️ Regulators are assessing whether firms have robust processes in place to prevent such activities from occurring in the first place ⏳ Legacy providers, once the bedrock of compliance efforts, are increasingly falling short in their ability to adapt to today’s dynamic trading environments 💡 Firms might start by identifying areas within their operations that are particularly vulnerable, whether by business line, region or specific trading activities ⚙️ Firms can take a targeted approach to modernization, by gradually building more robust surveillance frameworks that meets the demands of today’s regulatory landscape Read the full article here: https://hubs.ly/Q02R4Kvd0 #TradeSurveillance #MarketRisk #Compliance