SteelEye unveils new auto-trade reconstruction capabilities
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SteelEye unveils new auto-trade reconstruction capabilities 20 August 2020London Reporter: Rebecca Delaney
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SteelEye has launched a new technology product which aims to reduce the timeline of trade reconstructions from days to seconds.
The auto-trade reconstruction technology leverages artificial intelligence, machine learning and advanced data relationships.
According to SteelEye, the platform captures a firm’s structured and unstructured data across any asset-class, communication type and system.
Matt Storey, chief product officer at SteelEye, explained: “The requirement to reconstruct all the conditions surrounding a trade or order requires firms to identify, locate and bring together a wide range of information fast.”
“With many firms professing that such a request would take them over two weeks to complete, this has been an area bringing a lot of worry and stress to compliance teams. With our auto-trade reconstruction, this is now completely automated and effortless.”
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