SteelEye was named the "Best RegTech Firm" at last night's prestigious HFM US Services Awards 2024. Hosted annually by With Intelligence, these awards celebrate organizations that stand out for their services and technological advancements in the hedge fund sector.
Since entering the North American market in 2021, SteelEye has been dedicated to empowering firms to meet stringent surveillance and record-keeping obligations with greater accuracy and efficiency. Winning the Best US RegTech Award underscores our unwavering commitment to innovation and excellence, cementing SteelEye as the go-to provider of cutting-edge regulatory technology for financial institutions across North America.
Commenting on the award, SteelEye’s CEO, Matt Smith, said: "Over the past three years, we’ve steadily built momentum in the North American market, but 2024 has been a standout year. We’ve forged relationships with a large number of new clients, strengthened key partnerships, and reinforced SteelEye’s position as the leading provider of communications and trade surveillance in the region. Last night’s recognition at the HFM US Services Awards is a testament to that success."
SteelEye is the industry’s pioneering integrated trade and communications surveillance platform, trusted by financial firms worldwide. SteelEye's data-driven approach and comprehensive insights empower clients to focus on what really matters, all within a single user interface. The firm's integrated data model provides unparalleled capabilities for archiving, analyzing, and monitoring trades, orders, communications, news, and market data under a unified lens.
SteelEye's advanced algorithms and AI-driven alerts provide proactive detection of market manipulation and compliance breaches, while also identifying other non-financial risks that may not be on your radar. Finally, the firm's industry-leading security framework and support model guarantee client satisfaction and success, offering robust protection and a personalized experience at all times.
SteelEye has recently enhanced its best-in-class surveillance suite with the introduction of Cross-Product Detection for Trade Surveillance. Leveraging advanced algorithms, this solution analyzes trading activity across multiple instruments, proactively identifying cross-product manipulation patterns. By detecting suspicious correlations between trades in different instruments, it uncovers hidden relationships that might otherwise go unnoticed.
As market manipulation tactics evolve and compliance challenges intensify, SteelEye’s proactive and innovative approach sets it apart, providing financial firms with a powerful edge in safeguarding against non-compliance.
