Schroders Investment Management has selected SteelEye for compliance technology and data analytics.
It began deploying SteelEye solutions in July to provide clients with full visibility of their entire MiFID II transaction reporting workflow, including automated tools to manage any over or under-reporting, as well as data validation errors.
SteelEye provides MiFIR eligibility checks, analytics on rejection handling from both the Approved Reporting Mechanism (ARM) and National Competent Authority (NCA), the ability to edit transactions directly within the platform, and a full audit trail of all activity.
“The SteelEye implementation has helped us to improve the level of control and accuracy we have around our MIFID II transaction reporting,” said Keith Frimpong, global head of operations change at Schroders.
Latest News
-
Starling launches AI-powered fraud detection tool in UK-first
-
Klarna unveils global membership programme
-
JPMorgan Chase allows staff to use in-house AI to draft performance reviews
-
Dutch neobank bunq granted broker-dealer licence in US
-
Chancellor announces new ‘Scale-up Unit’ for innovative financial services firms
-
Barclays takes £110m hit from Tricolor collapse and lifts car finance provision
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
Unleashing generative AI: A force multiplier for financial crime teams
This FStech webinar, sponsored by NICE Actimize sees industry experts examine the revolutionary impact of generative AI on financial crime operations, and provides actionable insights to enhance your compliance strategies.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories