Straits Financial Group expands Eventus Systems contract for its headquarters


Straits Financial Group expands Eventus Systems contract for its headquarters

Eventus Systems, Inc., today revealed that Straits Financial Group Pte Ltd, a brokering firm headquartered in Singapore had expanded its existing contract with Eventus to increase the compliance capabilities of its headquarters.

Straits Financial Group has broadened its existing contract with Eventus to include the Validus trade surveillance and risk management platform for its Singapore headquarters. This will allow the firm to comply with more regulatory requirements within its Singaporean HQ.

Straits Financial Group is a subsidiary of the CWT Group, a global provider of integrated commodity services, with a focus on brokering services. The firm first became an Eventus client in May 2018 through Straits Financial LLC its U.S. subsidiary.

Travis Schwab, the CEO of Eventus commented:

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, the COO of Straits Financial LLC explained that:

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.

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Straits Financial Group expands Eventus Systems contract for its headquarters

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