Pacific

Advantage Futures, a futures commission merchant registered with the Commodity Futures Trading Commission, has selected Eventus for its trade surveillance needs. The Validus platform was chosen for its&nbsp;its strong machine learning capabilities, customizable features that allow users to change parameters from one exchange to another, ease of use, and knowledgeable, responsive team. 
<h2 id="eventus-validus-handles-alert-generation-covering-billions-of-messages-per-day">Eventus Validus handles alert generation covering billions of messages per day</h2> Advantage is among the highest-volume clearing firms in the futures industry, having processed well over 5 billion contracts during more than 20 years. The company made the decision to migrate to the Eventus software solution following extensive research on companies in the space and testing of the Validus platform to ensure the features met its needs. Joseph Guinan, Chairman &amp; Chief Executive Officer of Advantage Futures, said: “I’ve had great respect for Eventus CEO Travis Schwab for more than 15 years. The company has thrived under his leadership, and its Validus trade surveillance platform is now an important component of the Advantage surveillance program.” Eventus is a global provider of multi-asset class trade surveillance, market risk and also monitoring solutions, and its Validus platform is used widely throughout the futures industry and other asset classes. The AI-powered solution handles alert generation covering billions of messages per day, around the clock, providing comprehensive coverage across trading flows, and operates across equities, options, futures, foreign exchange (FX), fixed income, and digital asset markets. The Validus platform is well regarded among&nbsp;tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. 
<h2 id="eventus-further-expanded-in-asia-pacific-by-entering-taiwan-market">Eventus further expanded in Asia Pacific by entering Taiwan market</h2> Eventus has been very busy expanding across more assets classes, including digital assets, as well as more territories. The firm has recently signed its first client in Taiwan:&nbsp;Yuanta Futures, a subsidiary of Yuanta Financial Holdings and the number one in&nbsp;<span class="xn-location">Taiwan</span>&nbsp;for its futures and options market share, profitability, and capital. Yuanta Futures has&nbsp;selected Eventus’ Validus trade surveillance platform to replace its previous vendor solution, citing its superior actionable alert capability and user-friendly interface. The Asia Pacific operation at Eventus has gained weight ever since signing its first client in Australia, Morrison Securities, in 2021. The firm then hired <a href="https://financefeeds.com/eventus-hires-scott-leader-lead-regtechs-asia-pacific-operation/" rel="noopener noreferrer nofollow">Scott B. Leader</a> as Managing Director, APAC in 2022. Eventus&nbsp;has been steadily growing its presence in APAC, with staff now on the ground in Hong Kong, Singapore, the Republic of Korea, and Australia, along with an expanding client base throughout the region.

CFTC-registered Advantage Futures taps Eventus for market surveillance

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