Eventus enters Taiwan to provide market surveillance for Yuanta Futures

Eventus, the provider of multi-asset class trade surveillance, market risk, transaction monitoring, and algorithmic monitoring solutions, has signed its first client in Taiwan.

The first customer is Yuanta Futures, a subsidiary of Yuanta Financial Holdings and the number one in Taiwan for its futures and options market share, profitability, and capital.

Yuanta Futures has selected Eventus’ Validus trade surveillance platform to replace its previous vendor solution, citing its superior actionable alert capability and user-friendly interface.

“We see improved clarity and accuracy in the outcomes the system provides”

Rebecca Hu, Senior Manager of Customer Service at Yuanta Futures, said: “We have been very pleased with the responsiveness and expertise of the Eventus team as we have implemented the technology. Our compliance staff has found Validus to be much more user-friendly, and we see improved clarity and accuracy in the outcomes the system provides.”

Nick Wallis, Head of Sales, International Markets, at Eventus, commented: “We are delighted to have won the trust of one of the region’s leading companies and to have the opportunity to deliver surveillance outcomes that are more precise and easier to action. We look forward to continuing to work with Yuanta as an important foundation customer as we further grow our client business in the Asia-Pacific region.”