Eventus closes record year

As financial markets compliance professionals face some of their biggest challenges yet, Eventus – a leading global provider of multi-asset class trade oversight and market risk solutions – said today that the company continued its significant growth trajectory in 2022 with another a record year. The company has more than doubled revenue from 2021 as more companies doing business across multiple asset classes around the world have deployed the customizable Validus platform and partnered with Eventus market and regulatory experts.

Eventus continued to expand its global customer base to more than 100 companies across the financial spectrum, with nearly 40% of its revenue coming from outside the US by 2022. recently signed with the company, as well as the Europe, Middle East and Africa (EMEA) region. The company’s reach also extends to Latin America, with a new client in Brazil signing on in 2022. Eventus also filled important new management roles and added substantially to its team, which now consists of more than 100 professionals in 10 countries.

Eventus CEO Travis Schwab said, “We are incredibly proud to work with our clients to ensure they have a robust, reliable trade monitoring operation that delivers not only efficiency but also peace of mind. We expect 2023 to be another pivotal year as we introduce a number of exciting new capabilities that will further broaden our offerings and appeal, while continuing to innovate on the platform to meet the evolving needs of our customers. Our experienced team of subject matter experts and true professionals is a key reason why customers turn to us to solve some of their most important compliance challenges.”

In 2023, the Eventus Product and Engineering team will continue to introduce new features and functionality on Validus, including by offering even greater scale capabilities to support the company’s largest customers. Other enhancements include an update to the Validus user interfaces to provide streamlined dashboards, improved visualizations, more efficient workflows, and greater transparency in the underlying platform to help customers build better compliance programs. In the coming weeks, Eventus will announce a major new product that will expand customer capabilities and provide the opportunity to further streamline outsourcing needs.

Eventus earned an additional 11 awards and honors in 2022, bringing the total to more than 30 since 2018, with new recognitions globally, as well as for its operations particularly in the US, Canada, Europe and APAC. Schwab was also named to TabbFORUM’s inaugural 40 Top Innovators in Financial Markets list in 2022.

Source: Eventus