Specialist research firm RegTech Analyst has named Eventus Systems, a global provider of multi-asset class trade surveillance and market risk solutions, to its global 2021 RegTech100 List. It’s the third consecutive year Eventus earned a place on the selective list of the world’s most innovative solution providers that address the challenges of regulatory pressures within financial services.
Eventus is one of 29 US regulatory technology (RegTech) companies to secure a spot on the list and among less than two dozen firms selected for three years running. The list this year highlights companies from 23 countries that are transforming compliance, risk management and cybersecurity. A panel of analysts and industry experts selected the winners from research produced by RegTech Analyst on more than 1,000 companies.
According to RegTech Analyst, the industry has experienced huge growth in the last few years as banks and financial institutions grapple with the unrelenting pace of regulatory change across all jurisdictions. So far in 2020, more than USD5 billion has been invested in RegTech companies as compliance challenges have only been exacerbated by the shift to remote work during Covid-19.
Eventus CEO Travis Schwab says: “We’re truly honoured to receive this global recognition once again and appreciate RegTech Analyst’s extensive efforts to identify the most innovative and impactful RegTech firms. We have made significant strides since last year in growing our clients internationally and helping them meet the disparate regulatory and compliance challenges they face. Our Validus platform has gained traction this year across multiple asset classes, including the rapidly growing digital asset space. The scalability and flexibility of our platform have ensured that, even during the pandemic, our clients’ trade surveillance and market risk monitoring capabilities are as robust as ever in remote environments.”
RegTech Analyst Director of Research Mariyan Dimitrov says: “This year’s process to identify the 100 RegTech innovation leaders which are projected to have a lasting impact on the industry was more competitive than ever. Eventus Systems’ innovative approach to trade surveillance and focus on helping firms achieve efficiencies while solving regulatory challenges across global jurisdictions has once again earned the company a spot on our prestigious list.”
