Validus Platform Honored for Helping Market Participants Meet Surveillance, Operational Risk Challenges
NEW YORK / AUSTIN, Texas, June 19, 2019 – Eventus Systems, Inc., a leading global trade
surveillance and market risk platform provider, last night won the award for Market
Surveillance Product of the Year in the Risk Technology Awards 2019. London-based
Risk.net bestowed the global honors last night at an awards dinner in New York. Eventus won
for its Validus platform, which last year processed over 250 billion trade messages for global
The Risk Technology awards recognize vendors doing the most to help the industry meet its
various risk challenges. Winners were selected by a panel of judges, including leading
technology users and risk management practitioners as well as members of the Risk.net
editorial team. Risk.net is considered the world’s leading source of in-depth news and analysis
on risk management, derivatives and regulation.
Eventus CEO Travis Schwab said: “We’re incredibly honored to accept this award from the
highly respected Risk.net, which provides tremendous value to the markets we serve. As our
clients face more regulatory scrutiny than ever, we’re laser focused on meeting their growing
needs through innovation, continuous enhancements to our platform and premier client service.
This approach had paid off; we are seeing the results in our client acquisition and retention
rates, new customer categories and geographical expansion. This has been a pivotal year for
The Risk award is the third honor for Eventus in recent months. In May, Eventus won the award
for Best Trade Surveillance Solution to Address the Dodd-Frank Volcker Rule Requirement at
the A-Team 2019 RegTech Insight Awards. And Eventus was one of just 27 U.S. companies
named to the global RegTech 100 List for 2019, recognizing the pioneering firms transforming
compliance, risk management and cybersecurity.
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.
About Eventus Systems
Eventus Systems, Inc. offers one of the leading global trade surveillance and market risk
platforms. Available as a cloud-based or real-time enterprise on-premise solution, the Validus
platform provides sophisticated market surveillance and financial risk capabilities, enabling
clients to solve some of the most pressing regulatory challenges. Validus combines multiple
technology stacks including artificial intelligence (AI) to generate the most actionable alerts
across equities, equity options, futures, foreign exchange (FX), fixed income and
cryptocurrencies. Clients include Tier 1 banks, brokerages and futures commission merchants
(FCMs), proprietary trading firms, exchanges, corporates and buy-side firms.