Eventus Systems, a Multi-Asset Class Trade Surveillance and Market Risk Solutions Provider, Makes Key Appointments

Eventus Systems, Inc., an international provider of multi-asset class trade surveillance and market risk solutions, reveals that it has made several key appointments in Europe as part of the company’s growth in the region and globally.

Bringing considerable experience into the new roles are Ollie Cadman as Chief Product Officer, and David Griffiths and Martin Appiah, “both as Director of Regulatory Affairs.”

Based in Stockholm, Sweden, Cadman will be reporting directly to Eventus CEO Travis Schwab, while Griffiths and Appiah – “both based in the UK – report to Joseph Schifano, the firm’s Global Head of Regulatory Affairs.”

As stated in a release, Cadman will responsible for building out the company’s international product team and offer a framework for “expanding its product offering.” Appiah will ensure that Eventus’ growing customer base in the EMEA region are able to “meet the evolving demands of local regulations and client risk assessments through the firm’s Validus platform.”

The announcement also mentioned that Griffiths, who has significant experience in the United Kingdom, EMEA and APAC regions, will “spearhead the firm’s client implementation program globally to ensure new clients maximize the effectiveness of the surveillance procedures, resources and flexibility available to them in Validus.”

Schwab remarked:

“We’re very proud to continue attracting tremendous talent to the organization and to methodically build on our team with some of the most experienced and knowledgeable professionals in the business, who understand first-hand the challenges our clients face. Ollie has a powerful background in product development and client service leadership roles within some of the most prominent firms in the industry and is ideally suited to take on our new Chief Product Officer role.”

Schwab added:

“Martin and David are trade surveillance subject matter experts who’ve closely followed and analyzed regulatory developments, particularly in the regions in which they’ve served. Each of them will play important roles in enabling us to provide the best possible service to our clients conducting business globally and in the EMEA region.”

Eventus formed its first on-the-ground presence in Europe in 2020. After almost “quadrupling its staff globally” since its Series A round in February of last year, the firm recently finalized a $30 million Series B.

The capital injection will be used to support the company’s ongoing growth “to meet strong demand, with plans to more than double its workforce around the globe, expand its product suite and add new financial risk applications,” the announcement noted.

As mentioned in the update, Cadman has “broad product management and business development experience in financial markets and technology, including at Intercontinental Exchange (ICE) and the London Stock Exchange Group, Morningstar and J.P. Morgan.”

Recently, he was at Vela Trading Systems “for nearly five years, culminating in his role as Chief Product Officer.” In the global position, Cadman was “responsible for product management and development, product operations, market data licensing, exchange connectivity and client support.” He also served “as a director for the firm’s business in the EMEA and Asia-Pacific (APAC) regions.”

Before joining Eventus, Griffiths was working as Head of Trade Surveillance for SteelEye Ltd. since 2020. He previously was “with Cider Barn Group Consulting, serving as Product Director for a strategic partnership between Nasdaq and Digital Reasoning.” Griffiths has also “held senior compliance strategy and trade surveillance roles at JPMorgan Chase, Standard Chartered Bank and Oracle Mantas.”

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