Wins the regulatory reporting category in the 2020 WatersTechnology Sell-Side Technology Awards
London, 26 June 2020 - SteelEye, the compliance technology and data analytics firm, has been recognised as the Best Reporting Service in the WatersTechnology Sell-Side Technology Awards 2020. Now in their eighth year, the awards recognise market leading technology providers, which have demonstrated innovation and sustainable growth over the past year.
The recognition reflects the strength of SteelEye’s regulatory reporting suite and data management platform, which enable clients to effortlessly meet their transaction reporting requirements for EMIR and MiFIR, alongside a range of other regulatory obligations.
Waters operates a thorough, auditable and transparent methodology, underpinned by the input and experience of industry experts. The awards winners were chosen by a panel of eight judges — four sell-side CIOs/consultants and four of Waters magazine's senior staff members.
“SteelEye emerged top in the best reporting platform or service category in this year’s Sell-Side Technology Awards, thanks to its Regulatory Reporting platform,” said Victor Anderson, Global Content Director of WatersTechnology. “This market has become one of the most important across the sell side from a regulatory perspective, and the fact that SteelEye is now a leading light in the industry after only three years in existence underlines the quality of its technology and the noteworthiness of this achievement.”
Over the past year SteelEye has significantly expanded its data analytics capabilities, which empower clients to not just meet their regulatory obligations but to gain improved value from their compliance processes and data.
“Data is at the heart of regulatory reporting and over the past year we have continued to develop technology that enables our clients to maximise the value of their data and increase their accuracy,” said Matt Smith, CEO of SteelEye. “Our data-centric approach allows clients to free up valuable time, reduce complexity, save cost and gain new insights, whilst meeting their obligations for record keeping, reporting, surveillance and more. We are delighted to be recognised by Waters Technology and thank our clients for their continued support.”
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. For more information, visit:www.steel-eye.com.