News and resources on capital markets, exchanges, trade execution and post-trade settlement.

Taiwan's Yuanta selects Eventus for trade surveillance

Source: Eventus

Eventus, a leading global provider of multi-asset class trade surveillance, market risk, transaction monitoring and algorithmic monitoring solutions, has been selected to provide trade surveillance for Yuanta Futures in Taiwan, representing the firm’s first Taiwanese client.

Yuanta Futures is a subsidiary of Yuanta Financial Holdings and ranks number one in Taiwan for its futures and options market share, profitability and capital. As a systemically vital participant in Taiwan’s futures market, the firm selected Eventus’ Validus trade surveillance platform to replace its previous vendor solution, citing its superior actionable alert capability and user-friendly interface. Rebecca Hu, Yuanta Futures’ Senior Manager of Customer Service Trading Department, said Eventus has delivered an exceptional customer experience as well as improved surveillance outcomes.

“We have been very pleased with the responsiveness and expertise of the Eventus team as we have implemented the technology,” she said. “Our compliance staff has found Validus to be much more user-friendly, and we see improved clarity and accuracy in the outcomes the system provides.”

Nick Wallis, Eventus Head of Sales, International Markets, said Eventus is proud to be working with one of Taiwan’s most important futures companies.

“We are delighted to have won the trust of one of the region’s leading companies and to have the opportunity to deliver surveillance outcomes that are more precise and easier to action,” he said. “We look forward to continuing to work with Yuanta as an important foundation customer as we further grow our client business in the Asia-Pacific region.”

Comments: (0)