Waters Rankings 2022: Best market surveillance provider—Eventus

Overview

Eventus is a global provider of multi-asset class trade surveillance and market risk solutions through its cloud-based Validus platform. The scalable and customizable platform leverages over 70 ready-to-use technology integrations, enabling clients to address evolving regulations and exchange rules globally.

The Solution

Validus monitors, tracks and analyzes trade flows and financial risk in real time and on a T+1 basis to maximize efficiencies in clients’ regulatory/compliance operations and lower total cost of ownership. It employs robotic process automation (RPA), including machine learning, to escalate only the most actionable alerts for further investigation, enabling clients to reduce response times and avoid time-wasting chases.

Secret Sauce

The Validus platform combines RPA analytics―providing transparency and flexibility to dynamically deploy and adapt them―with procedural automation, preserving information for regulatory/supervisory review and pattern/practice analysis. This foundation provides clients with auditability for answering regulators’ inquiries in a supportable, easily understood fashion.

Recent Milestones

• Introduced features to enhance surveillance across multiple brokers/exchanges
• Introduced Order Book Replay allowing clients to step through specific market events and understand any impact on behavior and attempts to manipulate the market
• Enhanced transaction monitoring workflow to enhance the user experience for monitoring/alerting on anomalies and deposit/withdrawal activities

Future Objectives

• New cross-venue/product surveillance insights/analytics, expanding Validus’s behavioral statistics to help identify patterns/anomalies
• New case-management and expanded robotic process automation features
• Complete refresh/overhaul of the user interface and workflow, ensuring client operations gain maximum efficiencies and focus on the most high-priority, pressing items/alerts