Eventus Systems to Add ML-Driven Trader Profile Feature to Validus

The new functionality will help to give context to market manipulation alerts.

Scrutiny

The Covid-19 outbreak has sparked a new way of thinking about surveillance, as traders have moved out of the office and into their living rooms. This has also lead to new surveillance tools being released into the marketplace.

Eventus Systems, a software company started in 2015, began trialing the use of supervised machine learning within its flagship Validus platform back in 2018. The aim of the project was to improve the efficiency of its market manipulation detection tools. With that

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