Compliance is becoming a costly and complex issue for the financial services industry. Data volumes are ballooning, regulations are tightening, and global business means knitting these all together whilst avoiding hefty violation penalties is a high-stakes game. It has, however, stimulated strong growth for the regTech startups - SteelEye among them.
SteelEye offers a data-centric compliance platform helping firms manage regulations across Europe and the UK, with a suite of tools improving operational efficiency, accuracy, and transparency. This has become increasingly crucial in the wake of the pandemic, with compliance teams facing a redoubling of investigations, soaring trade volumes, and greater market volatility.
Financial services firms like Fidelity International and Schroders are already on the books thanks to SteelEye’s early growth in the European market, and now the company has its sights set on North American expansion.
Steph
Company Specialist at Welcome to the Jungle