Eventus Systems, Inc., a provider of innovative regtech software solutions for the capital markets, announced today that the firm has established a presence in the Asia Pacific (APAC) region.
The decision to provide a regional sales presence for its Validus surveillance and risk software platform follows growth throughout 2017 in the firm’s client base, as well as regulatory requirements in multiple jurisdictions that have created a demand for affordable surveillance solutions.
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.”
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 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. Almeda also held technical account management and customer support roles at the firm’s Chicago headquarters, before moving to the APAC region. He began his career in IT operations at Lind-Waldock, then a futures commission merchant (FCM) in the U.S.
Almeda said: “I am pleased to introduce Eventus to this region as I believe the company meets a critical need in the market here. The firm and its clients are able to customize the Validus software to address evolving rules and regulations that apply to the jurisdictions in which the clients trade. This flexibility is particularly important in APAC, where each country has different challenges and regulators. Validus is uniquely positioned to help Global Tier 1 institutions with its real-time enterprise solution, along with small to mid-size capital markets firms with its cloud based offering.”