SteelEye has been named the Best Market Surveillance Tool in the Waters Buy-Side Technology awards for the third year in a row.
The WatersTechnology buy-side awards recognize market-leading technologies that allow firms to operate more efficiently, transparently, and judiciously. The WatersTechnology judges focus on companies that show innovation and address the most pressing business, regulatory, operational, and technology challenges.
SteelEye was given the award for the Best Market Surveillance Tool because of its holistic trade and communications surveillance platform.
To be recognized in the awards, a company must have demonstrated the ability to help firms with their regulatory compliance needs as well as manage the various risks/challenges that buy-side firms face on a daily basis while allowing them to maximize their operational efficiency.
SteelEye's surveillance solution empowers firms to store, monitor, and overlay a wide range of multidimensional on a single platform to enhance risk detection, reduce false positives, and speed up investigations.
“Heightened pressure from the regulators has put financial firms under intense pressure to improve their surveillance capabilities. Winning this award for the third year in a rowis a testament to the strength of our surveillance technology and the enhancements we have made in the last 12 months. I am incredibly proud of the hard work and dedication demonstrated by everyone at SteelEye," said Matt Smith, CEO of SteelEye.