Replacing their existing set up to future proof their regulatory requirements and adopt a more proactive approach to compliance.
London, 13 January 2020: SteelEye, the compliance technology and data analytics firm, has been selected by CIAM, an event driven investment management firm that’s focused on special situations and uses activism as one of several tools to unlock shareholder value.
The AMF authorised and FCA registered firm has licensed SteelEye’s trade surveillance, best execution and data platform, which includes record keeping, trade reconstruction and trade analytics.
“We were looking for an independent vendor that would enable us to proactively manage our regulatory obligations,” says Emmanuel Drujon, Chief Operating Officer and Risk Manager at CIAM. “We also wanted a solution that would allow us to respond to regulatory change quicker. SteelEye was the perfect fit.”
Unifying a range of their compliance requirements on one platform enables CIAM to adopt a more holistic approach to compliance. Further, with all their regulatory trading data in one place, CIAM can future proof themselves for regulatory change.
“We have worked hard to build a platform that reduces the cost and complexity of regulatory compliance whilst delivering new value to clients in terms of efficiency gains and enhanced insight,” says Matt Smith, CEO of SteelEye. “We are pleased that CIAM recognises the benefits that SteelEye can bring and delighted to have them onboard.”
Designed to help firms Comply Smarter™ by managing their compliance holistically, SteelEye offers solutions for record keeping, trade reconstruction, MiFID II and EMIR transaction reporting, trade and communications surveillance and best execution.
SteelEye brings together a wealth of data on one platform to help you effortlessly meet your regulatory needs - because when all your data is in one place, you can manage multiple regulatory regimes easily and cost-effectively. And with everything under one lens, you can also gain fresh insight into your business, helping you improve efficiency and profitability. For more information, visit: www.steel-eye.com.
CIAM is an investment management firm that uses equity-based investment strategies to generate returns from its global approach to corporate events, focused on special situations and merger arbitrage and using activism as one of several tools to unlock shareholder value, where appropriate. CIAM was co-founded by Catherine Berjal and Anne-Sophie d’Andlau in 2010 and has offices in Paris and London. The company donates 25% of its annual performance fees to charities dedicated to improving children's health and education across the world. CIAM is an AIFM regulated by the AMF in France and registered with the FCA in the UK. CIAM manages the SICAV-SIF CIAM Opportunities Fund under CSSF's supervision. For more information, visit: www.ci-am.com.