The changing regulatory landscape and industry changes highlight the growing need for advanced multi-asset class surveillance systems. Schwab cited the approval of spot bitcoin ETFs and the implementation of new rules for fixed income trading by the Securities and Exchange Commission (SEC) as major motivators. Strong trade surveillance technology that can identify manipulative behaviors across a wide range of asset classes are important in light of these developments. "More clients are asking about multi-asset class surveillance," Schwab said, predicting that within the next three years, trading businesses will be using these technology on a ubiquitous basis.

Beyond monitoring, Eventus is actively working to enhance system performance in order to effectively handle the increasing volumes in listed derivatives and other markets. The business is using cloud computing to improve scalability and flexibility while streamlining the administration and transfer of trade data between ecosystems. The objective of these endeavors is to enhance the efficacy and expandability of trade surveillance systems, guaranteeing their continued ability to meet the demands of the industry.

Eventus relies heavily on artificial intelligence (AI) to provide innovative solutions. The business is extending its use of AI so that customers may engage with it more actively, posing better queries and getting more accurate responses. But Schwab emphasizes that in order to guarantee openness and reliability in its workings, any AI implementation must not only preserve system performance but also be completely explicable.

Trade surveillance is a highly competitive market with numerous companies providing mediocre or nonexistent solutions. Eventus sets itself apart by providing enterprise-grade surveillance at scale across several asset classes and countries. The industry is moving toward more generalist analytics platforms, as Schwab also noted, and giving clients access to a standardized data collection can greatly increase the value that can be obtained from surveillance technologies. The combination of robust monitoring features with technologies like ChatGPT delivers previously unachievable insights.

With Eventus keeping up its innovative work in trade surveillance and performance advancements, the FinTech industry appears to have a bright future. The organization is paving the way for a more connected and perceptive trading environment with its initiatives to integrate data across platforms and enhance analytical capabilities. These efforts are creating new industry standards.