Eventus' Bell Lays Out Growth Plan in Competitive Risk & Compliance Space
The firm will start with US equities coverage, before expanding to other asset classes.
It's a simple fact that regulators are asking for more transparency and they expect trading participants to improve their risk and compliance systems. This has fed into an influx of spending as banks and brokers have tried to untether themselves from legacy platforms, post-2008.
Compliance and risk have proven competitive battlegrounds for vendors, and last week a new entrant officially entered the fray: Eventus Systems with its Validus platform. The Austin, Tx.-based vendor was spun out of
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