Eventus Systems Uses $10.5m Funding to Advance AI, Double Workforce

The trade surveillance technology provider plans to expand over the next 12 months.

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Trade surveillance and market risk platform provider Eventus Systems is using a recent $10.5 million funding round to increase its use of artificial intelligence (AI) to deliver more concise alerts from large datasets, and to make more critical hires.

Eventus CEO Travis Schwab says the vendor has doubled in size and hired 11 people over the last two months, and plans to expand even more.

“I expect us to add at least another 10 people before the end of the year, maybe even a few more. … Other

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