AUSTIN, Texas, Jan. 7, 2021
Trade surveillance solution provider poised for further expansion in 2021
AUSTIN, Texas, Jan. 7, 2021 /PRNewswire/ -- Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that the firm experienced unprecedented growth on multiple fronts in 2020, marking its strongest year to date in revenue and new client onboardings. The company has additional expansion plans for 2021, with deeper penetration in asset classes such as equities, foreign exchange (FX), fixed income and digital assets.
Eventus CEO Travis Schwab said: "In a year full of so many challenges and hardships for us all, we are profoundly grateful that it was also the most monumental year since our launch. Our Series A funding round enabled us to make strategic investments that accelerated our growth in terms of staff, geographical presence, market coverage, client acquisition, product enhancements, scalability and efficiencies. I'm incredibly proud of our team and Board for the hard work, persistence, insights and first-class client service that made this growth possible. Our Validus platform is now a mission-critical piece of infrastructure for a wide range of leading financial market participants and exchanges. We ended 2020 on a particularly strong note, with one of the world's largest non-bank cash FX trading firms and a major digital asset exchange both signing in the last week of the year."
Schwab said that following a year in which the firm established leadership as the trade surveillance platform used by many of the largest cryptocurrency exchanges, he expects further market penetration in this space, attracting not only more exchanges but also various other market participants active in digital assets. In addition, after strengthening its foothold in the exchange-traded derivatives arena throughout 2020, the company expects to onboard a host of new clients looking for trade surveillance and market risk solutions for their equities, FX and fixed income trading activities, along with help meeting their anti-money laundering (AML) and transaction monitoring needs.
Highlights of 2020 included:
About Eventus Systems
Eventus Systems is a leading global provider of multi-asset class trade surveillance and market risk solutions. Its powerful, award-winning Validus platform is easy to deploy, customize and operate across equities, options, futures, foreign exchange (FX), fixed income and digital asset markets. Validus is proven in the most complex, high-volume and real-time environments of tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. The company's rapidly growing client base relies on Validus and Eventus' responsive support and product development teams to overcome its most pressing regulatory challenges. For more, visit www.eventussystems.com.