Eventus Systems, a provider of RegTech software solutions for the capital markets, has established a presence in the Asia Pacific Region.
The company, which is headquartered in Austin, Texas, said the decision to create a presence follows growth throughout 2017 in the firm’s client base, as well as regulatory requirements in multiple jurisdictions that have created a demand for its solutions.
Representing Eventus is Ariel Almeda, a capital markets professional with more than 27 years of sales and service experience in technology and financial markets as well as more than a decade in the region.
Almeda, who previously held a variety of roles with Trading Technologies (TT) from 2001 to 2017, has been based in Singapore since 2007, in charge of Technical sales for over 10 years.
He previously served as director of Technical Services, APAC, responsible for a team in Singapore, Hong Kong, Tokyo and Sydney. He also held technical account management and customer support roles at the firm’s Chicago headquarters, before moving to the APAC region.
Eventus CEO Travis Schwab said: “Expanding into the APAC region is a logical next step for us, particularly as Validus can help market participants meet challenging regulatory requirements and exchange rules there. For instance, we can help firms in Japan comply with new high frequency trading rules taking effect in April on Japan Exchange Group markets, designed to increase market transparency, reduce price volatility and prevent market manipulation.”
Eventus Systems, provides its solutions to Tier 1 banks, brokerages and futures commission merchants (FCMs), proprietary trading firms, exchanges, corporates and buy-side firms.
Its Validus surveillance and risk software platform, which is available as a cloud-based or real-time enterprise on-premise solution, provides sophisticated, efficient risk management and surveillance, spanning the front, middle and back office. Through multi-stream data reconciliation, Validus offers a high-performance, scalable platform that was built and battle-tested in the toughest market conditions.
Earlier this year, Eventus Systems begun supplying its services to energy company ENGIE Energy Marketing. ENGIE Energy is a natural gas, power and natural gas liquids (NGL) wholesale energy marketer, providing market access, hedging and asset management solution. It said it will use Validus to monitor its trading and hedging activities across CME Group and ICE Futures and cleared OTC markets.
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
