London, 2 December 2020: SteelEye, the compliance technology and data analytics firm, has today announced it inclusion on the 2021 RegTech100 directory of leading RegTech companies. This is the third year in a row that SteelEye features on the list, which identifies the world’s most innovative technology solution providers that address the challenges of dealing with regulatory pressures within financial services.
This year’s process to identify the 100 RegTech innovators was more competitive than ever. Out of over 1,000 entries, SteelEye was selected for its innovative compliance and data management capabilities which are helping financial firms globally reduce the cost and complexity of regulatory compliance.
"Being included on the RegTech100 list for a third year is a testament to the strength of the SteelEye platform and our continuous product development and innovation. It is rewarding and reassuring to be recognised for the value we bring to the market."
Matt Smith, CEO of SteelEye
SteelEye supports an extensive range of regulatory regimes and is the only provider to offer its suite of services on a single platform, which includes regulatory reporting, trade and communications surveillance, best execution, transaction cost analysis, record keeping and trade reconstructions. In addition, SteelEye provides powerful data analytics capabilities enable clients to not just meet their regulatory obligations but to additionally gain improved value from their compliance processes and data.
The RegTech100 is an annual list of 100 of the world’s most innovative RegTech companies. These are the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.
The previous RegTech100 lists received worldwide attention. Companies that won places on them generated huge awareness among financial institutions. Many were approached directly by banks and other financial services organisations, while other got a more welcome reception from prospective clients, which has led to new partnerships, new investments and increased sales.
Following the success of the prior rankings, the selection process for the RegTech100 for 2021 is now open. The list will help senior management and compliance professionals evaluate which solutions have market potential and are most likely to succeed and have a lasting impact on the industry.