STEELEYE and MAP FINTECH ANNOUNCE PARTNERSHIP TO COLLABORATE IN RESEARCH AND DEVELOPMENT FOR REGULATORY REPORTING
Partnership will focus on common areas of regulatory reporting relating to EMIR, MIFID II/MIFIR and Best Execution solutions
London, 2 May 2018: SteelEye, the compliance technology and data analytics firm and MAP Financial Technologies Limited, (“MAP FinTech”) who specialise in regulatory reporting solutions, are pleased to announce a research and development partnership. The partnership will focus on the two firms’ complementary areas of regulatory reporting, specifically relating to EMIR, MIFID-II/MIFIR and Best Execution solutions.
SteelEye has developed an intelligent data engine with analytics that provide insights to firms beyond the regulatory dimension with an ability to view, search and analyse structured, unstructured and semi-structured data through a single lens. This makes regulatory reporting simple and seamless to implement, providing a competitive advantage to firms, whilst also supplying further specialised solutions for MIFID II/MIFIR, Best Execution, Trade Reconstruction, Record Keeping and Surveillance.
MAP FinTech is part of one of Europe’s largest financial services advisory groups, MAP S.Platis, who are a standard-setter in EMIR reporting for online brokers and one of the very first to have reported under EMIR. Since that time, MAP FinTech has focused on developing fully-automated MiFID, MIFID-II/MIFIR, FATCA and CRS solutions to complement its fully-automated EMIR reporting system. The reconciliation, validation and monitoring capabilities of its Polaris platform make it a very useful tool for compliance officers.