Eventus, a leading provider of trade surveillance and financial risk management solutions, has unveiled Frank AI, an advanced artificial intelligence platform engineered specifically for financial compliance teams and surveillance analytics. Leveraging deterministic AI, the solution delivers secure, consistent, and transparent outcomes-a vital requirement for regulatory reviews and audits.
Built on the company’s Validus platform, Frank AI integrates cutting-edge natural language processing (NLP) and large language models (LLMs) to automate complex workflows, minimize alert fatigue, and enhance precision in identifying sophisticated patterns of market misconduct. Compatible with public LLMs such as OpenAI, Anthropic, and Google, Frank AI ensures users can benefit from the latest AI advancements while maintaining enterprise-grade security, including on-premise deployment options and full data protection.
Travis Schwab, Eventus CEO, said: “We’re excited about the groundbreaking nature of Frank AI and the power it puts into our clients’ hands for compliance and risk analysis. It provides extreme flexibility, adapting to different analytical needs and user expertise levels. We’ve spent the past year investing significantly in processing infrastructure to provide us with much greater scale to handle the needs of the world’s largest financial institutions. As we transition our clients to the new architecture, they can deploy Frank AI within hours, enjoy seamless integration with their existing technology infrastructure and leverage the full range of capabilities it will provide. Clients in beta testing have been enthusiastic about its effectiveness and potential.”
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Frank AI introduces a chat-based interface that enables users to interact with real-time Validus data using conversational English. Without requiring any programming expertise, compliance analysts can pose queries, generate reports, and extract deterministic insights on demand. This significantly streamlines daily operations, allowing for faster, more intuitive data analysis.
For instance, an analyst can ask: “Show me all cross-market wash trading patterns involving equity and futures for Client XYZ in the past 30 days, including related party analysis.” Frank AI processes the request, scans data across asset classes, and delivers a detailed, auditable report—a process that once took hours of manual effort.
Unlike generic generative AI systems that provide probabilistic results, Frank AI delivers deterministic, fact-based responses designed for regulated financial environments. The model operates entirely within a secure host, ensuring that sensitive information never leaves the organization’s data environment. Its Validus-trained framework provides context-aware accuracy, reducing AI hallucinations and ensuring every output is explainable and regulator-ready.
Martina Rejsjö, Eventus Vice President, Product Management, said: “Frank AI sets a new standard for AI in financial compliance by solving the fundamental challenge that has prevented widespread AI adoption in regulated environments – the need for deterministic, auditable and secure AI responses. Frank AI delivers consistent, traceable results that compliance teams can trust and regulators can verify. Our commitment to the need for explainability and regulatory readiness has defined our AI roadmap. This breakthrough enables our clients to harness the power of AI while maintaining full regulatory compliance and operational control.”
Eventus has long utilized machine learning for alert remediation, but Frank AI represents a major leap forward—combining advanced analytics with procedural automation to ensure explainability and regulatory transparency. According to Schwab, this innovation elevates Eventus’ intelligence capabilities to a new benchmark in compliance technology, empowering financial institutions to navigate complex surveillance demands with speed, security, and confidence.
