Compliance Technology / RegTech Vendor Comparison

This page details the differences between SteelEye and other regulatory technology (RegTech) solutions. Choosing the right compliance platform is critical. We want you to have the best information possible to do so.
Ready to see the power of the SteelEye Platform?

Get a free, live demo.

Book a demo


With so many different options out there for compliance technology, this page will help you understand the differences between SteelEye and other RegTech vendors so you can decide on the right compliance technology partner for your business.


SteelEye is the first and only fully integrated trade and communications surveillance solution. We empower you with the data-driven tools and complete insights you need to focus on what matters, all from a single platform.

SteelEye enables you to unify your regulatory compliance across multiple jurisdictions and mandates through a proven, data-powered RegTech platform. SteelEye is built for financial firms that want to reduce their risk, modernize and automate their operations, and stay agile enough to adapt to changing market conditions and regulations. With SteelEye, you have the flexibility to customize your RegTech tool kit based on your obligations, thanks to our module-based approach.

SteelEye has been recognized as:

The Best Sell-Side Compliance Product

A leader in Trade Surveillance

The Best Market Surveillance Tool

The Best RegTech Solution

and more...

Fill 1@3x

Compliance Transformation

Investing in a compliance platform can transform your business. As an operational or compliance leader, it is important to choose RegTech tools that deliver flexibility & accuracy - that are easy for your team to use every day.

To transform your compliance technology you need an integrated set of tools that enable you to:

  • Bring all your data together and use that data
  • Reduce the number of systems and vendors you rely on
  • Meet your communications oversight, trade surveillance, regulatory reporting and best execution requirements in one platform
  • Automate your regulatory processes

Achieving this will allow you to free up resource and budget that can be allocated to other profit-making areas of your business. With all data in one place, you can also analyze your performance better than ever, gaining new insights for enhanced decision-making. 

With the vast majority of RegTech solutions out there, you get a limited set of tools for specific problems – meaning you need multiple systems for your various regulatory obligations.

With SteelEye, all your data is brought together so that you can meet all your needs on a single platform. This means your data goes to work for you – for compliance, for enhanced insight, for better trading outcomes.

SteelEye Recognized as Best Compliance Product

"Fidelity partnered with SteelEye to get access to a single, holistic view of the investment decision-making lifecycle and execution in the markets. This was previously only achievable through multiple systems that didn’t talk to each other and would have to be viewed over multiple screens. SteelEye helps Fidelity connect the dots."

Fidelity Case Study

Fill 1@3x

Vendor Comparison

SteelEye Bloomberg Behavox eFlow Global Eventus Global Relay Nasdaq SMARTS Nice Actimize Shield Smarsh TradingHub VoxSmart
Integrated Surveillance
Trade Surveillance
Comms Surveillance
Record Keeping, Archiving & eDiscovery
Trade Reconstruction (Trades and Comms)
Auto-trade reconstruction (Trades and Comms)
MiFIR Reporting
Best Execution Monitoring
Transaction Cost Analysis
Voice analytics & archiving
Order & Trade Analytics
Intelligent Alert Triaging

"SteelEye enables us to automate as much of our compliance set up as possible reducing the complexity of what can otherwise be an arduous and painful process. Very few other vendors offer the same breadth of regulatory compliance solutions.”

Aidan Brady, Chief Operating Officer, Ardent Financial. Learn more >


Measuring Compliance ROI

Measure the time and cost saved by reducing RegTech systems and platforms and the business insight gained from fully leveraging your data.

Compliance Analytics

Data-driven decisions drive better outcomes

Having all your data in one place is vital for making data-driven decisions and can reveal unparalleled business insight. This allows you to focus on doing more of what matters – and less on what doesn't.

With individual compliance technology solutions and setups for different mandates, your data remains scattered and largely dormant. This is not only an administrative burden since data is being pushed and pulled in different directions, but it also makes it nearly impossible to ensure data is accurate and complete.

The more RegTech systems and platforms you have, the more challenging data governance and provenance become - requiring a lot of manual processes, which can take a significant amount of time.

With SteelEye, all of your compliance processes are readily available in one place – from record keeping to reporting and oversight. With the ability to connect every trade or order to the related communications, news items, and even performance outcomes, you can make strategic decisions rooted in business value. Better yet, since SteelEye reduces the number of RegTech platforms and systems you depend on, data provenance is improved.

We ensure that all your data is complete so that you continuously meet your obligations.

Total Cost of RegTech Ownership

Compliance software without hidden costs or exit fees

As you consider different compliance technology solutions, the cost of the software subscription likely comes to mind. While this cost is certainly a key component, it is not the only one that you should consider. Other costs to consider are data storage fees, as well as implementation fees, future upgrades, and ongoing maintenance.

With individual compliance solutions and setups for different mandates, you end up storing the same data in multiple places.

Most regulatory regimes require largely the same data for areas like record keeping, reporting, and surveillance. As a result, you end up paying a lot more for your data storage than you need. In addition, most vendors charge for data export and have expensive exit fees.

With SteelEye, all your data is unified into a single source and can then be used for multiple compliance purposes. As a result, your data storage costs are optimized and kept to a minimum. At SteelEye, we also believe that your data is exactly that – your data.

We do not have any hidden costs, exit fees, or data export charges. Your data can be accessed, analyzed, and exported as and when you need.

Future Proofing Your Compliance Technology

Don't buy solutions for today's requirements. Deploy a platform designed for change! 

Since the 2008 financial crash, regulators globally have been committed to enhanced supervision of financial services. Consequently, a plethora of new regulations have been rolled out and existing ones reinforced - with many more changes to come. At the same time, the supervisory technology and techniques used by regulators has become more sophisticated. It is therefore more important than ever that firms ensure they can comply with current regulations and adapt as new ones come into force. 

With individual compliance technology solutions, your data ends up spread across siloed RegTech platforms for specific compliance needs. To meet new or changed requirements, this usually means you have to deploy a new platform and do all the associated leg work (including data mapping, cleansing, and validation to name a few processes). Not only is this costly and time-consuming, but it also adds to the ever-growing number of platforms and systems you support. 

With SteelEye, all your data is brought together on a data-centric compliance technology platform that is built for change. Not only does SteelEye allow you to meet multiple obligations on a single RegTech platform, but we also update and adjust the platform as regulations change or new rules are introduced. Since your data is already captured, cleansed, normalized, and validated in SteelEye, it can instantly be used for additional requirements, and of course for analytics and management information. 

SteelEye Named #1 RegTech Solution in 2020, 2021 and 2022

"We selected SteelEye because of the quality of their technology, the regulatory expertise demonstrated by their team, and their willingness to support our tight implementation timelines.”

Keith Frimpong, Global Head of Operations Change, Schroders

HFM Awards winner

Discover our Compliance Solutions

Integrated Surveillance

Communications Surveillance

Trade Surveillance

Best Execution & TCA

Record Keeping, Archiving & eDiscovery

MiFIR Transaction Reporting


Optimize your compliance to free up costs

Bring your people, tools, and data together to maximize your regulatory compliance and reduce risk.

“We were looking for a solution that would allow us to meet our regulatory requirements and consolidate our ever-growing number of supported platforms, communication channels, and trade and order systems. SteelEye provided that solution.”

Patrick Fietje, CEO, Tavira Securities