London, 22 October 2020 - SteelEye, the compliance technology and data analytics firm, have incorporated Refinitiv market data on the SteelEye platform. The increased volume of high quality, multi-asset and global market data enables clients to enhance their compliance and analytics.
Refinitiv provides the widest range of cross-asset data, with 7.3 million price updates per second for over 84 million instruments and 2.5 terabytes of real-time pricing daily.
A large amount of this market data is now available in SteelEye, more than doubling the amount of reference sources used to enhance SteelEye’s market abuse algorithms and Transaction Cost Analysis services. As a result, clients can carry out investigations and analysis across multiple asset classes and regions, strengthening the coverage, accuracy, and timeliness of the entire SteelEye RegTech suite.
“We are pleased to have been selected by SteelEye as a trusted data provider and look forward to seeing how SteelEye uses our data for the benefit of its clients,” said Ian Brocklehurst, Head of Data Platform at Refinitiv.
“With Refinitiv’s extensive breadth of high-quality multi-asset market data we can offer clients faster and more accurate investigations and analyses,” said Matt Storey, Chief Product Officer at SteelEye. “This enables compliance teams to refine alerts and build a more comprehensive picture of their trading activity, benchmarked against the wider financial markets.”
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, best execution, transaction cost analysis, analytics and more.
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. For more information, visit:www.steel-eye.com.
Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, serving over 40,000 institutions in over 190 countries. It provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community - driving performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. For more information visit: www.refinitiv.com.