London, 25 March 2021 - SteelEye, the compliance technology and data analytics firm, has been recognised as the most innovative trade data management & reconstruction solution in the 2021 A-Team Innovation Awards. Other 2021 awards include:
The A-Team Innovation Awards recognise excellence in trading solutions and services for capital markets – celebrating vendors that provide exceptional trading infrastructure, technology, and data solutions.
The SteelEye platform enables financial firms to excel at trade data management by seamlessly capturing all their structured and unstructured data across any asset-class, communication type and system – unifying it under a single lens, where it is cleansed, normalised, indexed and made instantly available. This makes it easy for firms accurately to meet their regulatory obligations, including trade reconstruction requests which are a significant challenge for most firms due to the complexity of the data and the typical deadline of 72 hours.
“With SteelEye, firms can immediately dive into a trade or order and automatically see all the related phone calls, meetings, WhatsApp messages, as well as finding out information about the trade or order itself,” said Matt Smith, CEO of SteelEye
By unifying clients' compliance data and applying AI and advanced data relationships, SteelEye makes trade reconstructions effortless ─ reducing the risk of regulatory scrutiny for firms and personal liability for senior managers.
“With our auto-trade reconstruction solution trade data management is effortless." says Matt Storey, Chief Product Officer at SteelEye.
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.