Country for PR: United States
Contributor: PR Newswire New York
Wednesday, February 20 2019 - 09:00
Straits Financial Group Signs with Eventus Systems for Expanded Services, Bringing New Regulatory Compliance Capabilities to Singapore Headquarters
AUSTIN, Texas, Feb. 20, 2019 /PRNewswire-AsiaNet/ --

-- New Agreement Builds on Successful Implementation of Validus Platform for 
Straits Financial LLC in U.S., Furthers Growing Eventus Presence in APAC 

Eventus Systems, Inc.( ),a leading global trade 
surveillance and market risk platform provider, announced today that 
Singapore-based Straits Financial Group Pte Ltd -- which became a client in May 
2018 for its U.S. subsidiary, Straits Financial LLC -- has just expanded the 
relationship by signing on to the Validus trade surveillance and risk 
management platform for its Singapore headquarters.  Straits Financial Group is 
the brokering division of the CWT Group, a leading global provider of 
integrated commodity services.

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Eventus CEO Travis Schwab said: "We began our expansion into the APAC region 
last year with a presence in Singapore, and we're thrilled to build on our 
relationship with Straits after the firm's U.S. operation has seen what a 
tremendous difference our Validus platform can make. We will continue to grow 
our footprint in the region, adding to our Asian gateways and leveraging our 
sales presence in Singapore." 

Said Paul Fry, Chief Operating Officer of Straits Financial LLC: "Our team 
looked at a wide range of platforms to find a solution that would fulfill our 
stringent regulatory requirements.  We chose Eventus because the firm met our 
needs for processing trade-lifecycle data from dozens of exchanges on multiple 
platforms, with a flexible user interface and a powerful reporting tool.  We 
have been pleased with the Eventus team throughout the evaluation process, both 
in terms of responsiveness and domain knowledge."

Available as an on-premise or cloud solution, Validus provides comprehensive 
market surveillance and trading risk management for firms and marketplaces in 
global futures, equities, equity options, fixed income, foreign exchange and 
cryptocurrencies.  Validus helps firms monitor for unwanted behavior such as 
spoofing, layering and wash trading as well as comply with the requirements 
imposed by exchanges across the globe.

About Eventus Systems

Eventus Systems, Inc. offers one of the leading global trade surveillance and 
market risk platforms.  Available as a cloud-based or real-time enterprise 
on-premise solution, the Validus platform provides sophisticated market 
surveillance and financial risk capabilities, enabling clients to solve some of 
the most pressing regulatory challenges. Validus combines multiple technology 
stacks including artificial intelligence (AI) to generate the most actionable 
alerts across equities, equity options, futures, foreign exchange (FX), fixed 
income and cryptocurrencies.  Clients include Tier 1 banks, brokerages and 
futures commission merchants (FCMs), proprietary trading firms, exchanges, 
corporates and buy-side firms. Headquartered in Austin and serving clients 
globally, Eventus was one of just 27 U.S. companies named to the global RegTech 
100 List for 2019, recognizing the pioneering companies transforming 
compliance, risk management and cybersecurity.  Visit 

About Straits Financial Group

Headquartered in Singapore, Straits Financial Group is the brokerage house 
under CWT Pte. Limited that offers a full spectrum of derivatives & OTC 
products, including trade facilitation for physical commodities. Established 
affiliate offices are in Singapore, Chicago, New Jersey, Shanghai, Jakarta and 
in Dubai. Straits Financial LLC is a full Clearing Member of the Chicago 
Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile 
Exchange (NYMEX), the Commodity Exchange (COMEX), Dubai Mercantile Exchange 
(DME), New Zealand Exchange (NZX), Nasdaq Futures (NFX), and CBOE Futures 
Exchange (CFE). Straits Financial Services PTE LTD is a full clearing member of 
the Asia Pacific Exchange (APEX) and is the first batch of Overseas 
Intermediary of the Shanghai International Energy Exchange (INE). Straits 
offers clearing access to all major global commodity exchanges. For more 
information, visit

SOURCE Eventus Systems, Inc.

CONTACT: Ellen G. Resnick, Crystal Clear Communications, +773-929-9292; 
+312-399-9295 (mobile),