Technology

Eventus announces continued growth in client base, global expansion as company wins Best Trade Surveillance Solution for Validus platform in TradingTech Insight USA Awards 2024

Published

5 months ago

June 10, 2024

NEW YORK, June 10, 2024 /PRNewswire/ — Eventus, a leading provider of comprehensive, at-scale trade surveillance and financial risk solutions, announced that its Validus platform continues to capture business from firms seeking to move away from legacy trade surveillance providers, with a 25% increase in its client base over the past year. The announcement comes on the heels of another award win for excellence in trade surveillance, further global expansion with the signing of its first South African client – one of Africa’s largest diversified financial groups – and a continued high renewal rate for existing clients globally. The company now has clients on six continents.

Eventus CEO Travis Schwab said: “We’ve never been in a better position as a company. Our retention rates remain close to 100%, we are growing across asset classes and geographies, our platform continues to perform at the highest levels with new functionality rolling out consistently, and we are profitable. We are especially excited about some new clients that include three tier-1 banks all now actively using Validus to meet a range of compliance and regulatory goals. Our existing clients are routinely adding more areas of coverage and our Eventus Services offering to their contracts too.

“Companies keep turning to us, particularly if they’ve had experience with legacy providers, because our sole focus is our clients and the delivery of best-in-class trade surveillance and financial risk solutions, such as algo monitoring. In an extraordinarily competitive landscape, we have what I would argue is more markets and regulatory expertise and a more responsive approach than any provider in the market, along with the unique ability for clients to fully customize the platform and work with our team on solving compliance challenges they are facing in real time. Our experience as market practitioners give us the ability to partner with each and every client – whether they are a start-up exchange, global trading firm, broker/dealer or tier 1 bank.”

Eventus Global Head of Regulatory Affairs Joe Schifano said: “For many years, those of us who built surveillance programs for our firms were frustrated with the lack of flexibility in legacy trade surveillance systems. But now, it is even more critical to keep pace with technology as regulators are no longer satisfied with compliance programs that just ‘follow the pack.’ At Eventus, we offer a ‘buy-to-build’ solution that clients can tailor and easily scale specific to their risk assessment and data requirements.”

Eventus also announced that it was just named Best Trade Surveillance Solution at the TradingTech Insight USA Awards 2024, based on votes from market participants and the publication’s global audience. In March, the company won the same category in the 2024 RegTech insight Awards APAC for its work in the Asia-Pacific region.

Schwab said: “We’re honored to see recognition of our hard work and results through votes by so many market participants selecting Validus as Best Trade Surveillance Solution, reflecting our focus on our clients, expert service and constant enhancements to the platform.”

Enhancements to the Validus platform this year include:

Reports and visualizations to help clients ensure accurate and complete data coverage.Introduction of a first-of-its-kind cross-product spoofing functionality to detect this type of market manipulation in real time for clients engaged in multiple asset classes. This includes a new visualization methodology to review activity across products and new technology that facilitates cross-product review across all accounts and all activity.New large trader reporter functionality, built for a designated clearing organization (DCO) client and now available to all users.Enhanced behavioral analytics, including changes in trader profiles identifying potential red flags for rogue trading and account takeovers.Expanded market data coverage.Testing of the firm’s next-generation platform that enables performance speeds and scale commensurate with growth in the markets and client data requirements.

A-Team Group’s series of awards, including those from TradingTech Insight and RegTech Insight, recognize outstanding performance by the vendors of data and technology solutions to the financial industry. Eventus has now won six A-Team Group awards over the past five years, including two RegTech Insight Europe Awards. To date, the company and its Validus platform have earned more than 40 awards and honors in the past six years.

About Eventus

Eventus provides state-of-the-art, at-scale trade surveillance software across all lines of defense. Its powerful, award-winning Validus platform is easy to deploy, customize and operate across equities, options, futures, foreign exchange (FX), fixed income and digital asset markets. Validus is proven in the most complex, high-volume, and real time environments of Eventus’ rapidly growing client base, including tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. Clients rely on the platform, coupled with the firm’s responsive support and product development, to overcome their most pressing trade surveillance regulatory challenges. For more, visit www.eventus.com.

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SOURCE Eventus

Technology

Gentoo Media – Mandatory notification of trade

Published

59 minutes ago

November 14, 2024

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

59 minutes ago

November 14, 2024

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Technology

Agoda Highlights Five Urban Hikes for Adventurous Travelers

Published

59 minutes ago

November 14, 2024

SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

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SOURCE Agoda

Technology4 days ago

CloudOne Digital Appoints Packet Cofounder and Former Equinix Executive Zach Smith to Board of Directors to Drive Growth in Bare Metal and Hybrid-Cloud Solutions