Eventus Systems, Inc.<https://www.eventussystems.com/>, a leading global trade surveillance and market risk platform provider, has won the award for Best Trade Surveillance Solution to Address [the] Dodd-Frank Volcker Rule Requirement at the 2019 RegTech Insight Awards. Hosted in London by A-Team, the awards recognize outstanding performance by the vendors of data and technology solutions to the financial industry, focusing on those firms creatively finding solutions to help with regulatory challenges.
The awards are overseen by A-Team Insight editors and an advisory board<https://a-teaminsight.com/awards/regtech-awards/?page=speakers> of industry leaders. Winners were ultimately selected through a public voting process, following a record number of entries and votes this year.
Eventus won the award for its Validus platform, which last year processed over 250 billion trade messages for global clients. Validus helps firms monitor for all trading surveillance requirements including for market manipulation such as spoofing, layering and wash trading. The platform offers over 250 procedures developed with direct input from clients, including offerings such as functionality for Indicative Opening Prices (IOPs) and Intermarket Sweep Orders (ISOs) - two areas of focus for regulators. Validus is the only trade surveillance solution to offer both machine learning and a procedural approach in one seamless package to not only reduce alert noise, but also assist customers in intelligent alert resolution.
Travis Schwab, Eventus CEO, said: "We appreciate this honor from A-Team and are truly excited about the traction we've seen in the past several months. This is evident not only in honors like this and our recent selection on the global RegTech 100 List, but in an ever-growing roster of global clients selecting our Validus platform for their most pressing surveillance and financial risk management challenges. We are especially gratified to hear clients report dramatic improvements in their interaction with regulators, with significant reduction in the size and scope of any inquiries."
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Eventus Systems Wins Best Trade Surveillance Solution To Address Dodd-Frank Volcker Rule Requirement - In Year Of Record Entries And Votes, Validus Platform Recognized In A-Team's 2019 RegTech Insight Awards
Date 06/05/2019