SteelEye, the compliance technology and data analytics firm, has enhanced its regtech suite with the incorporation of Refinitiv market data on the SteelEye platform.
Regtech is growing in popularity according to the Financial Stability Board (FSB) who reported an increase in the use of regtec to help institutions meet their regulatory requirements.
The increased volume of high quality, multi-asset and global market data has enabled clients to enhance their compliance and analytics, SteelEye revealed.
Matt Storey, chief product officer at SteelEye, commented: “With Refinitiv’s extensive breadth of high-quality multi-asset market data we can offer clients faster and more accurate investigations and analyses.”
Storey explained this enables compliance teams to refine alerts and build a more comprehensive picture of their trading activity, benchmarked against the wider financial markets.
“We are pleased to have been selected by SteelEye as a trusted data provider and look forward to seeing how SteelEye uses our data for the benefit of its clients,” added Ian Brocklehurst, head of data platform at Refinitiv.
