To help scale the business and prepare SteelEye for expansion into North America and Asia Pacific
London, 8 September 2020 - SteelEye, the holistic compliance technology and data analytics firm, has appointed Rob Friend as Chief Operating Officer, effective immediately.
Rob’s 24 years of international financial services experience will be instrumental in scaling SteelEye’s business operations as it prepares to support increasing global demand for holistic, data-centric compliance solutions.
Since its launch in October 2017, SteelEye has gained more than seventy clients and now has a team of fifty serving clientele across seven countries. As the company plans for expansion into North America and Asia Pacific, and a Series-B fundraise to support further growth, Rob joins to scale SteelEye’s operations – optimising internal workflows, client integration, and customer engagement and support.
Prior to joining SteelEye, Rob spent 12 years at Bloomberg, most recently as Global Head of Enterprise Product Implementation & Quality Assurance, where he played a key role in devising the product strategy and ‘go-to market’ process for Bloomberg’s MIFID II solutions which delivered a sales pipeline of $100mm+. He was also instrumental in the deployment of a major software change for the Bloomberg/Barclays POINT acquisition and implemented a significant cultural and organisational change as Chief Risk Officer for Bloomberg MTF as MiFID II took effect. In earlier roles at Bank of America, Goldman Sachs and J.P. Morgan, Rob gained experience in the major asset markets, both cash and derivatives.
Rob’s appointment allows SteelEye’s co-founder, David Haines, to resume the role of Chief Technology Officer.
“As we continue our growth trajectory, Rob will be instrumental in ensuring our internal operations platform can support our fast pace of growth. His experience scaling global businesses will be valuable as we prepare to expand our operations into new jurisdictions,” said Matt Smith, CEO of SteelEye.
“I am excited to join SteelEye at this time of great opportunity for the company and for the RegTech industry, a sector which is projected to be worth over $55 billion by 2025”, added Rob Friend. “I have been watching SteelEye’s progress since its inception some three years ago and am impressed by the company’s strong momentum. I look forward to working with Matt and the SteelEye team to help expand the business internationally and cement SteelEye’s position as the emerging market leader for compliance technology and data management.”
SteelEye is a trusted compliance platform for MiFID II, EMIR, Dodd-Frank, MAR, SMCR & more. Established to reduce the complexity and cost of financial compliance, SteelEye enables 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, regulatory reporting, trade and communications surveillance, best execution reporting, transaction cost analysis and advanced analytics. For more information, visit: www.steel-eye.com.
For further information, please contact:
Marketing Director – SteelEye
+44 (0)203 821 6039
STEELEYE LIMITED, A COMPANY REGISTERED IN ENGLAND AND WALES WITH COMPANY NUMBER: 10581067, VAT NUMBER: 260818307 AND REGISTERED ADDRESS AT 55 STRAND, LONDON, WC2N 5LR.