SteelEye Incorporates Refinitiv Market Data on SteelEye Platform

RegTech and data analytics firm SteelEye incorporate Refinitiv multi-asset market data on the SteelEye platform to enhance regtech suite.

London-based SteelEye said that the increased volume of high quality, multi-asset and global market data enables clients to enhance their compliance and analytics.

Refinitiv offers the widest scope of cross-asset data, with 7.3 million price updates per second for over 84 million instruments and 2.5 terabytes of real-time pricing daily.

A large amount of this market data is now available in SteelEye, more than doubling the amount of reference sources used to enhance SteelEye’s market abuse algorithms and Transaction Cost Analysis services. As a result, clients can perform investigations and analysis across multiple asset classes and regions, strengthening the coverage, accuracy, and timeliness of the entire SteelEye RegTech suite.

“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,” said Ian Brocklehurst, Head of Data Platform at Refinitiv.

“With Refinitiv’s extensive breadth of high-quality multi-asset market data we can offer clients faster and more accurate investigations and analyses,” said Matt Storey, Chief Product Officer at SteelEye. “This enables compliance teams to refine alerts and build a more comprehensive picture of their trading activity, benchmarked against the wider financial markets.”

About SteelEye

SteelEye is a RegTech and data analytics firm that was established to reduce the complexity and cost of financial compliance and enable firms globally to manage their regulatory obligations through a single platform.