Eventus prepares major new product as it celebrates signifcant growth in 2022
“We expect 2023 to be another pivotal year as we introduce some exciting new capabilities that will further broaden our offering and appeal while continually innovating on the platform to meet our clients’ evolving needs.”
Eventus, the provider of multi-asset class trade surveillance and market risk solutions, has announced its plans for 2023 after an extremely successful year.
The Eventus Product and Engineering team is expected to continue to introduce new features and functionality on Validus, including by offering even greater scaling capabilities to support the firm’s largest customers.
The Validus platform operates across equities, options, futures, foreign exchange (FX), fixed income, and digital asset markets and is used by tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators.
Eventus to launch a major new product in the coming weeks
The firm added that other enhancements include an update of the Validus user interfaces to provide streamlined dashboards, improved visualizations, more efficient workflows, and greater transparency into the underlying platform to help customers build better compliance programs.
In the coming weeks, Eventus will announce a major new product that will extend client capabilities and offer the ability to further streamline outsourcing needs.
Travis Schwab, Chief Executive Officer at Eventus, said: “We’re incredibly proud to partner with our clients to help ensure they have a robust, reliable trade surveillance operation that brings not only efficiencies but peace of mind. We expect 2023 to be another pivotal year as we introduce some exciting new capabilities that will further broaden our offering and appeal while continually innovating on the platform to meet our clients’ evolving needs. Our experienced team of subject matter experts and true professionals is a significant reason clients turn to us to solve some of their most important compliance challenges.”
Nearly 40% of its 2022 revenue coming from outside the United States
Eventus had a very strong year in 2022. Not only has it captured 11 awards and honors, bringing the total to more than 30 since 2018, but the firm more than doubled revenues from 2021.
The rising revenues come on the heels of more firms doing business in multiple asset classes across the globe, deploying its customizable Validus platform, and collaborating with Eventus experts in markets and regulatory affairs.
The Eventus global client base has grown to more than 100 companies across the financial spectrum, with nearly 40% of its 2022 revenue coming from outside the United States.
The Asia-Pacific (APAC) region has shown significant interest in the Validus platform, but growth was also significant in the Europe, Middle East and Africa (EMEA) region. The company also signed a new client in Brazil as it expands its footprint into LATAM.
The Eventus team now consists of more than 100 professionals based in 10 countries.