SteelEye has strengthened its presence in the Asia-Pacific (APAC) region by incorporating in Singapore.
The move aims to enable closer collaboration with clients and regulatory bodies amid heightened activity from the Monetary Authority of Singapore (MAS).
Four banks and an insurer were fined by MAS in the last year to tackle money laundering and market misconduct.
SteelEye, already established in Europe and North America, can provide financial firms in APAC communications and trade surveillance solutions.
Matt Smith, CEO of SteelEye, says: “Our trade and communications surveillance solutions are ideally placed to enable financial firms operating in APAC to meet their regulatory obligations effectively."
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