RECORD KEEPING

Comprehensive record keeping is the foundation of all compliance requirements. Under MiFID II alone, records of all activities and transactions must be kept for up to 7 years. This includes all transactions, even if they didn’t conclude.

The records that need to be kept are wide-ranging and include orders, trades, phone calls, mail, faxes, email, instant messages, documents, sales and marketing research, and even meeting minutes. This breadth of records would be challenging enough, but it does not end there.

SteelEye is designed to reduce the complexity and cost of compliance and enables you to effortlessly bring together structured and unstructured data - including emails, databases, text documents, trade data, spreadsheets and even audio and instant messages like Bloomberg chat - from disparate systems and leverage that data for simplified and cost-effective compliance. 

With SteelEye, all your data is ingested and stored in a WORM format, thus satisfying your regulatory requirements for record keeping under MiFID II, Dodd-Frank and other global regulations.