Eventus Introduces Frank AI for Financial Compliance

Eventus has launched Frank AI, a new artificial intelligence solution designed specifically for financial compliance teams and surveillance analytics, announced in a press release. This AI solution is integrated into Eventus' Validus platform and aims to enhance trade surveillance and risk monitoring by automating complex processes, improving accuracy, and reducing alert noise.

Frank AI employs technologies such as natural language processing (NLP) and large language models (LLMs) to provide a suite of AI tools and behavioral analytics. It is compatible with public LLMs from companies like OpenAI, Anthropic, and Google, ensuring it remains at the forefront of AI performance and capability. The solution offers enterprise-grade security, including an on-premise deployment option, to protect sensitive data.

Eventus CEO Travis Schwab highlighted the flexibility and scalability of Frank AI, noting that it allows clients to deploy the solution within hours and integrate it seamlessly with existing technology infrastructures. The AI enables users to interact with real-time data using conversational English, transforming workflows without compromising transparency or security.

Frank AI is designed to provide deterministic, auditable, and secure AI responses, addressing the challenges of AI adoption in regulated environments. It ensures that compliance teams receive consistent, traceable results that can be verified by regulators, setting a new standard for AI in financial compliance.