Eventus and Huron | Treliant Join Forces to Boost Financial Surveillance Solutions
In a significant move for the financial sector, Eventus, a known leader in trade surveillance and financial risk management, has announced a strategic collaboration with Huron Consulting Group's recent acquisition, Treliant. This partnership is aimed at delivering robust trade surveillance capabilities tailored for financial institutions globally. With a rising need for comprehensive compliance and operational efficiency, this alliance merges Eventus' state-of-the-art technology with Treliant's deep expertise in financial services and regulatory frameworks.
Eventus is recognized for its Validus platform, which is acclaimed for its scalability and effectiveness in handling complex and high-volume transactions across various markets, including equities, options, and digital assets. The collaboration with Huron | Treliant is designed to further enhance these capabilities by providing specialized operational support and regulatory insights, ensuring that institutions can better navigate the evolving landscape of financial compliance.
Under the terms of this collaboration, Eventus clients will have direct access to Huron | Treliant's resources. This includes conducting risk-based assessments that help align surveillance programs with specific business models and local regulatory requirements. Furthermore, the partnership will focus on optimizing the alert logic of the Validus platform to minimize false positives, an ongoing challenge for many financial institutions. By refining these systems, organizations can expect to see improved quality in their surveillance signals and operational resilience.
In addition to process optimization, clients can receive expert guidance on best practices concerning their workflows, escalation processes, and governance structures. The provision of managed services adds another layer of support, allowing institutions to tackle alerts more efficiently through staff augmentation.
Travis Schwab, CEO of Eventus, expressed pride in working alongside Huron | Treliant, noting that this partnership will enable clients to fully leverage the potential of the Validus platform. He emphasized that in a climate where many firms are retracting their support services, Eventus is committed to enhancing client experience and ensuring compliance is strategic and comprehensive. Schwab remarked, "Huron | Treliant’s understanding of our platform and regulatory demands allows them to guide clients effectively in aligning their operations with evolving risks and industry requirements."
On the other hand, Huron | Treliant’s Managing Director, Brendan Mulvey, highlighted the existence of ongoing joint training and client engagement methodologies as part of their service delivery plan. He reiterated that the collaboration is grounded in a shared goal: to empower financial institutions to enhance their trade surveillance programs, effectively converting compliance into a competitive edge.
The partnership already shows promising signs with joint initiatives currently underway and training programs being instituted across Huron | Treliant’s global delivery centers. Eventus’ commitment to developing comprehensive surveillance solutions in collaboration with partners like Huron | Treliant signifies a progressive step towards ensuring that financial institutions remain ahead of regulatory demands and market risks.
For more information about Eventus and their offerings, visit their official website at www.eventus.com.