Compliance technology and data analytics firm SteelEye has announced the incorporation of Refinitiv market data on to its platform. The increased volume of high quality, multi-asset and global market data enables clients to enhance their compliance and analytics, the firm says.
The deal more than doubles the amount of reference sources used to enhance SteelEye’s market abuse algorithms and transaction cost analysis services. As a result, the firm says clients can carry out 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,” says 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,” adds 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.”