The recognition comes less than two years after SteelEye expanded into North America and reiterates SteelEye's position as an industry leader in the region.
Last night, SteelEye was in attendance at the US Markets Choice Awards in New York City, where the scaleup was named the “Best in RegTech.” This category recognizes technology providers that enable capital market firms to comply with their regulatory requirements.
Since its inception in 2013, the Markets Choice Awards has celebrated the best in capital markets trading and technology. It is widely considered one of the industry's most prestigious awards series, given the strong reputation of its parent organization, Markets Media Group, and its subsidiaries, including Traders Magazine and DerivSource, among others.
The award comes with added significance for SteelEye, as the organization has been on the ground in the United States for less than two years. SteelEye was founded in London in 2017 and quickly gained recognition and credibility in the UK and EU markets, but it was not until 2021 that it opened its New York office and established a local presence.
As the first and only fully integrated surveillance platform on the market today, SteelEye empowers financial firms with the data-driven tools and complete insights they need to focus on what matters, all from a single platform. This means that surveillance teams no longer need to look in multiple places to assess risk. Instead, they get a single source of meaningful data with complete oversight, a consistent process across global teams, and speedy investigations. This enables firms to boost productivity, lower the total cost of ownership, and gain a competitive edge through data intelligence.
Commenting on the award, SteelEye’s President of the Americas, Brian Lynch, had the following to say: “Year after year, SteelEye has strived to empower our clients to not only meet their regulatory requirements, but exceed them. We are honored to have been recognized by Markets Media for our forward-thinking platform.” He added, “With increased pressure from regulators, growing data volumes, and a rapidly evolving trading and communications landscape, financial firms are recognizing the importance of an integrated surveillance offering like that of SteelEye’s.”
“SteelEye’s system eases the regulatory burdens that firms are facing today, while also preparing them for the requirements of tomorrow. From its user-friendly interface to its wide array of data-driven tools and more, the SteelEye platform is truly unique and is well deserving of the ‘Best in RegTech’ title,” said Mohan Virdee, CEO of Markets Media Group.
Since establishing a presence in the United States in late 2021, SteelEye has won four North American-specific awards, as well as over a dozen global awards.
Turn Supervision into Super Vision. SteelEye is the first and only fully integrated trade and communications surveillance solution. We empower financial firms with the data-driven tools and complete insights they need to focus on what matters, all from a single platform.
State-of-the-art algorithms and intelligent alerts proactively detect market manipulation and compliance breaches, while our holistic data model – which combines communications, trades, orders, news, and market data – provides intelligent insights and deep analytics. Founded in 2017, SteelEye has offices in the UK, North America, Portugal, and India.