Tagged: steeleye

November 4, 2025 @ 11:13 pm By Omar Faridi  |  

FundApps, a provider of compliance monitoring and regulatory reporting solutions for the financial services industry, and SteelEye, a trade and communications surveillance and data analytics platform, announced they have entered into a “definitive agreement to merge.” Existing FundApps investor FTV Capital provided an “additional equity… Read More

September 27, 2025 @ 6:24 pm By Omar Faridi  |  

APAC firms are doubling down on compliance investments amid rising enforcement pressures. A new report from Regtech firm SteelEye underscores this trend, while ongoing debates around GDPR and MiFID II highlight the intricate balance between data retention and privacy. These developments seemingly signal a pivotal… Read More

August 11, 2025 @ 8:22 am By Omar Faridi  |  

Communications surveillance plays a critical role in ensuring firms detect and prevent market abuse, insider trading, and other forms of misconduct. A recent update from Regtech SteelEye, a compliance technology and data analytics firm, delves into the fundamentals of building an effective lexicon-based communications surveillance… Read More

August 5, 2025 @ 1:00 am By Omar Faridi  |  

The Comisión Nacional del Mercado de Valores (CNMV), Spain’s financial markets regulator, has recently updated its record-keeping requirements, introducing stricter guidelines to enhance transparency, accountability, and compliance in the financial sector. These changes, outlined in the CNMV’s latest announcement and explained in a blog post… Read More

July 13, 2025 @ 5:34 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has released its Consultation Paper and Policy Statement (CP25/18) addressing non-financial misconduct (NFM) within the financial services sector. Effective from September 1, 2026, these new rules extend the FCA’s Code of Conduct (COCON) to non-banking firms, aligning their regulatory… Read More

July 9, 2025 @ 5:32 am By Omar Faridi  |  

Steeleye has explained that in the financial services sector, compliance with regulatory requirements is paramount to maintaining trust, transparency, and operational integrity. Among these requirements, voice recording regulations have become increasingly critical as regulators emphasize the need for robust recordkeeping to prevent misconduct and ensure… Read More

June 26, 2025 @ 9:45 am By Omar Faridi  |  

Global financial institutions have increased their spend on compliance ahead of an anticipated rise in regulatory fines, according to the Compliance Health Check Report from SteelEye – the firm behind the pioneering integrated communications and trade surveillance solution. The survey of 300 senior compliance decision… Read More

June 14, 2025 @ 4:16 pm By Omar Faridi  |  

In an era where data is both a valuable asset and a regulatory minefield, two recent developments highlight the evolving challenges and opportunities for businesses managing digital communications and archives. SteelEye, a firm specializing in compliance technology, has shed light on critical updates regarding link-sharing… Read More

January 17, 2025 @ 7:39 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) reported “record-breaking” enforcement actions in 2024, while the value of fines issued by the Financial Conduct Authority (FCA) more than tripled year-on-year, according to SteelEye’s annual fine tracker. To create its annual… Read More

October 5, 2024 @ 6:18 pm By Omar Faridi  |  

In a move signaling alignment with US regulatory actions, the UK’s Financial Conduct Authority (FCA) is preparing to survey City firms to scrutinize their use of encrypted messaging services such as WhatsApp. Regtech firm SteelEye has shared informative insights to help industry participants with gaining… Read More

September 20, 2024 @ 2:56 pm By Omar Faridi  |  

SteelEye, the integrated surveillance provider trusted by financial firms worldwide, has rolled out its Compliance CoPilot tool across trade surveillance. This latest enhancement to SteelEye’s Compliance CoPilot “leverages fine-tuned large language models (LLMs) to complement the role of a compliance officer by providing a full… Read More

September 16, 2024 @ 5:36 pm By Omar Faridi  |  

At SteelEye, they claim to understand the critical importance of maintaining operational resilience and ensuring the security of their systems and services. SteelEye says they are are committed to safeguarding “both their operations and client data from potential risks and disruptions.” In alignment with the… Read More

August 13, 2024 @ 11:16 am By Omar Faridi  |  

SteelEye notes that it has been a year since the $549 million fine was imposed by the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on 13 major Wall Street firms “for failures in record-keeping of off-channel communications.” Steeleye mentioned… Read More

June 29, 2024 @ 8:10 am By Omar Faridi  |  

SteelEye‘s Communications Surveillance solution, powered by our Compliance CoPilot, is said to enable compliance teams to “master” eComms and vComms compliance. The platform claims to support any communication channel “including voice, chat, email, meetings, and social messaging.” SteelEye explains that it “provides language detection, transcription,… Read More

April 30, 2024 @ 1:49 pm By Omar Faridi  |  

Compliance teams are facing escalating pressures driven by greater regulatory scrutiny and macroeconomic challenges, according to the 2024 Annual Compliance Health Check Report from SteelEye, the firm behind the industry’s integrated surveillance solution. The survey found that 56% of firms are “investing in communications surveillance,… Read More

January 29, 2024 @ 7:25 am By Omar Faridi  |  

The number of enforcement actions issued to global financial institutions in 2023 “reached staggering levels that have rarely been seen in the US,” according to SteelEye’s Annual Fine Tracker. SteelEye analyzed financial penalties issued “by the US Securities and Exchange Commission (SEC) and Commodity Futures… Read More

October 5, 2022 @ 9:47 am By JD Alois  |  

June 2021 Promotion by Kardashian has the potential of being viewed by 328 million followers in what many think may have been the “financial promotion with the single biggest audience reach in history.” There has been plenty of chatter about the US Securities and Exchange… Read More

September 8, 2022 @ 10:06 am By JD Alois  |  

Regtech SteelEye, a London-based firm, has raised a $21 million Series B round led by Ten Coves Capital, according to the firm. Other investors in the round include; Fidelity International Strategic Ventures, Illuminate Financial, Beacon Equity Partners, and apparently “a large family office.” In total,… Read More

February 14, 2022 @ 2:26 pm By Omar Faridi  |  

SteelEye, the compliance tech and data analytics firm, reinforced its commitment to ensuring institutional-grade data security by “achieving System and Organization Controls (SOC) 2 compliance.” The external accreditation confirms SteelEye’s ongoing commitment to data security – a move the Regtech firm thinks will solidify its… Read More

January 18, 2022 @ 10:37 am By JD Alois  |  

SteelEye, a Regtech firm that aims to simplify compliance for global financial institutions, is reporting that revenues increased by 88% year-on-year in 2021. SteelEye adds that the company now has over 120 institutional clients worldwide, including new clients Oppenheimer Europe Ltd and JonesTrading. Headquartered in… Read More