SteelEye, the compliance technology and data analytics firm, was last week recognised as the 'Best Trade Reporting Solution' by the TradingTech Insight Awards USA. This is the fourth award SteelEye has received in two months by the financial industry in Europe and the USA.

The four awards are for:

• Best Regulatory Reporting Solution – HFM European Services Awards 2020
• Best Solution for Records Retention – RegTech Insight Awards 2020
• Best Reporting Platform or Service for the Sell-Side – WatersTechnology Sell-Side Technology Awards 2020
• Best Trade Reporting Solution – TradingTech Insight Awards USA 2020

These awards reflect SteelEye's client and revenue growth, combined with its continued product innovation over the past year. With its data-first approach to regulatory compliance, SteelEye delivers a flexible suite of services on a single technology platform, which enables clients to capture and use their data efficiently whilst meeting regulatory requirements.

"These awards span both the buy- and sell-side and demonstrate the breadth of our service offering and the flexibility of our technology platform," said Matt Smith, CEO of SteelEye. "In the past, regulatory compliance has been overcomplicated, with vendors offering different technology for different purposes. SteelEye is gaining traction in the industry because of our efficient and future-proof, yet simplified approach, where we enable clients' to extensively reuse their data for multiple compliance functions."

He added, "We are particularly pleased that three of these awards recognise our regulatory reporting service, which is an area of investment and rapid growth for SteelEye, driven by financial firms migrating from CME's European Trade Repository and NEX Abide regulatory reporting services, which will close in November 2020."

SteelEye's extensive range of services include regulatory reporting for MiFID II and EMIR, trade and communications surveillance, best execution, transaction cost analysis, record keeping, trade reconstruction, analytics and more.