To offer clients best-of-breed compliance solutions
London, 13 August 2020: SteelEye, the compliance technology and data analytics firm, has today announced a partnership with Margin Reform, a management and information technology consultancy in the margin, collateral, and legal space, to support the consultancy’s clients with best-of-breed compliance and regulatory reporting solutions.
Margin Reform will offer SteelEye’s RegTech suite to its financial clients as they address the challenges of the evolving regulatory landscape.
“With increasing regulations, and marketplaces such as the CME and Deutsche Börse about to close their reporting businesses, there has been a significant increase in the demand from affected clients seeking automated solutions to properly handle their regulatory reporting and other compliance requirements,” said Matt Smith, CEO of SteelEye. “It is a situation that is ideally suited for SteelEye’s Regulatory Reporting and wider compliance suite, designed to enable firms to seamlessly manage multiple regulatory requirements within one platform.”
“Over the past two months, we have experienced a significant increase in the number of enquiries from clients around regulatory reporting,” said Shaun Murray, CEO of Margin Reform. “To support our growing client base, we wanted to partner with a vendor offering a highly automated and efficient reporting solution as part of a wider compliance suite. After a careful review of the market, the breadth and scope of the SteelEye offering stood head and shoulders above the competition.”
SteelEye’s reporting suite seamlessly captures, cleanses, validates, and enriches client data in real-time and automates large parts of the MiFIR/EMIR transaction reporting process. By doing so, SteelEye addresses the significant data integrity challenge many firms have faced following recent regulations and enables them to improve their operational efficiency while freeing up resources.
SteelEye is a RegTech and data analytics firm that was established to reduce the complexity and cost of financial compliance and enable firms globally to manage their regulatory obligations through a single platform.
SteelEye’s ability to bring together, cleanse, index and analyse structured and unstructured data across all asset classes and communication types enables clients to effortlessly meet their regulatory needs, because when all this data is in one place, compliance becomes both easy and cost-effective. And with everything under one lens, firms also gain fresh insight into their business, helping them improve their efficiency and profitability.
To date, SteelEye has launched solutions for record keeping, trade reconstruction, transaction reporting, trade and communications surveillance, best execution reporting, transaction cost analysis and advanced analytics for regulations including MiFID II, EMIR, Dodd-Frank, SMCR and MAR.
About Margin Reform: Margin Reform is a boutique management and information technology consultancy that provides advice and solutions to firms that require help navigating through their challenges in the margin, collateral, and legal space. Margin Reform believe that with the right focus on the design and structure of approach to all challenges and issues, significantly increases the chances of a positive transformation and implementation experience. Our extensive implementation experience, coupled with industry knowledge and successful partnerships means Margin Reform is positioned to bring your requirements to fruition in a scalable and structured way: For more information, please visit: www.marginreform.com.