MiFID II has dramatically increased the requirements for Best Execution. Firms now have to provide evidence they were acting in their clients’ best interests on all trades, requiring regular regulatory reporting and Transaction Cost Analysis (TCA). However, bringing together and storing the relevant data from multiple sources to achieve this can be both time consuming and onerous.
With SteelEye’s comprehensive and asset-class agnostic Best Execution solution you can effortlessly meet your reporting requirements, carry out TCA and improve your trading performance.
SteelEye seamlessly consolidates your communications, trades and orders and overlays it with independent market data, making your RTS27 and RTS28 reporting effortless. By using external market data for benchmarking, our Best Execution TCA helps you better understand your trading performance and identify possible strategies for improvement.
With SteelEye, you can quickly consolidate all order, trade and communications data, making RTS27 & RTS28 reporting effortless.
Our TCA helps you better understand your trading performance and identify possible strategies for improvement.
We keep checking your execution quality automatically in the background, ensuring you keep meeting your regulatory obligations.