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Eventus Launches Anti-Money Laundering Solution, Validus AML

Trade surveillance and market risk solutions vendor Eventus has launched Validus AML, a new end-to-end anti-money laundering (AML) platform aimed at helping firms in both the traditional finance and digital asset space combat financial crime. The cloud-based solution combines a signals-based approach to behaviour detection with rules-based logic and advanced data analytics. Validus AML will…

Are You Ready for the Tide to Change for Compliant Communications?

By Jennie Clarke, Senior Manager at Global Relay, the electronic communications compliance specialists. Regulatory obligation and guidance surrounding the capture, monitoring and surveillance of digital communication channels is far-reaching and increasingly robust. The Financial Conduct Authority’s (FCA) Handbook SYSC 10A, for example, requires firms to “take all reasonable steps to record telephone conversations, and keep…

Crypto Options Exchange Deribit Selects Eventus for Trade Surveillance

Panama-based Deribit, the world’s largest cryptocurrency options exchange by volume and open interest, has selected Eventus, the trade surveillance and market risk solutions vendor, to provide market abuse monitoring on the exchange through the company’s Validus platform. The exchange considered various trade surveillance solutions in anticipation of operating under the Virtual Assets Regulatory Authority in…

Recorded Webinar: New solutions to the old problems of compliance with communications surveillance regulation

Communications surveillance is an integral element of trading at financial institutions, and its functions are clearly set out in jurisdictional regulations – to capture, record and retain all communications. Essentially, all business related communications must be recorded whatever the underlying mechanism – be it a work phone, personal mobile phone, text, video and so on…

Archax Raises $28.5m in Series A Funding

Archax, the UK FCA-regulated digital asset exchange, brokerage and custodian, has closed a Series A funding round of $28.5 million, with investors including abrdn as lead strategic investor, alongside Bitrock Capital, Blockchain Coinvestors, CE Innovation Capital, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital, The Tezos Foundation and others. Archax is the UK’s first digital…

Liquidnet Electronifies Bond Issuance Workflow with Live Deals

Liquidnet, the agency execution specialist, has achieved the next stage of its electronification of the new bond issuance process, by successfully transmitting live buy-side orders in from Order and Execution Management Systems to participating syndicate banks. The electronic workflow follows the initial testing that Liquidnet Primary Markets conducted earlier this year in collaboration with Invesco…

DBS Deploys Nasdaq Surveillance Technology to Support Market Integrity

DBS, Southeast Asia’s largest bank, announced that it will leverage Nasdaq Trade Surveillance technology to advance its surveillance and market integrity efforts. Nasdaq’s solutions will improve DBS’s ability to analyse market abuse surveillance scenarios and detect trading anomalies across equities and derivatives markets as well as OTC FX markets. The technology will provide DBS with…

Buy to Build: How Providers Help Make Unique Trade Surveillance Systems Possible

By Ollie Cadman, Chief Product Officer, Eventus. “Buy versus Build” was a dilemma that financial institutions traditionally faced when working to create modern surveillance systems or other key elements in the risk technology stack. What groups were trying to figure out was whether purchasing products and services was more cost-effective and future-proofed than building a…

Bloomberg Makes Strategic Investment in Insightful Technology and Integrates with Soteria

Bloomberg has made a strategic investment in London-based Insightful Technology, the owners and operators of the Soteria Integrated Compliance Solution, and entered into a commercial collaboration with the company. As part of the collaboration, Soteria will be integrated with Bloomberg Compliance Solutions, which includes Bloomberg Vault among other real-time Bloomberg surveillance systems and preventative controls,…

A-Team Group Names Winners of 2022 TradingTech Insight Awards USA

A-Team Group announced the 2022 winners of its acclaimed TradingTech Insight (TTI) Awards USA today. The awards recognise excellence in trading solutions and services for capital markets, and focus on vendors providing exceptional and innovative trading infrastructure, technology, and data solutions dedicated to the challenges faced by firms operating in the US trading environment. This…