Eventus hires CTO Josh Bosquez as Crypto needs more market surveillance
The RegTech firm has recently raised $30 million in a Series B funding round and is now on a hiring spree as the company expands geographically and technology-wise.
Eventus Systems has appointed Josh Bosquez as Chief Technology Officer (CTO), joining the firm after 24 years of software engineering experience, including more than 20 years in leadership roles in technology innovation, cloud-native platforms, cybersecurity, and compliance.
Josh Bosquez joins Eventus from Armor Cloud Security, where he was CTO for three years and responsible for the firm’s engineering, product, security, and compliance organizations for the SaaS cybersecurity offering.
Reporting to Eventus chief executive Travis Schwab, the new CTO will oversee the fast-growing team of engineers that design and maintain the firm’s Validus platform.
Josh Bosquez joins Eventus in time of fast-paced growth
The RegTech firm has recently raised $30 million in a Series B funding round and is now on a hiring spree as the company expands geographically and technology-wise.
The platform is used by more than 20 traditional and digital asset exchanges and a broad range of tier-1 banks, futures brokerages, broker-dealers, trading firms, and other financial institutions.
Canadian digital asset exchange Bitbuy is one of the new clients using the Eventus market surveillance technology as regulators tighten rules and oversight in the crypto space.
Eventus has also entered the Australian market through a partnership with stockbroker Morrison Securities. Other recent clients include First New York and Tradovate.
Travis Schwab, Chief Executive Officer at Eventus, commented: “Josh has a strong track record of developing innovative technology, scaling operations with growing teams and building wide-reaching, secure systems. As we further expand globally and explore new ways to help many of the world’s leading financial institutions address their evolving surveillance and risk challenges, Josh will lead our engineering team in introducing new technologies and identifying novel opportunities for enhancing Validus.”
Josh Bosquez, Chief Technology Officer at Eventus, said: “Eventus has assembled a stellar team of smart, experienced and dedicated engineers, as well as leaders, market practitioners and regulatory experts. I’m excited to play a role in growing the engineering team and ensuring that our technology is cutting-edge while remaining easy for our clients to use and customize.”
In a recent interview with Finance Feeds, Eventus CEO Schwab noted that “markets never become less regulated”, but there is a huge upside to that: markets grow because they become safer.
“We’re beginning to see that play out in crypto space”, he continued, pointing out that the Chairman of the CFTC wants to regulate spot crypto markets”.
Eventus has joined the digital asset wave, having partnered with TRM Labs and Notabene to form Project TEN, offering a one-stop compliance solution for the digital asset ecosystem, “a massive market”.
Project TEN solves the pointed regulatory issues for digital asset firms, including cryptocurrency anti-money laundering (AML), trade surveillance, as well as Travel Rule compliance for Virtual Asset Service Providers (VASPs).
As the world of finance never stops evolving, regulators won’t stop trying to fix it, which leads Eventus to never stop developing its solutions and infrastructure. “There are a lot of moving pieces in regulation”.
