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Founded Year



Series B | Alive

Total Raised


Last Raised

$21M | 1 yr ago

About SteelEye

SteelEye is a company that focuses on financial services compliance and integrated surveillance in the financial sector. The company offers a range of services including archiving and record keeping, trade reconstruction, integrated surveillance, trade oversight, and regulatory reporting. These services are primarily offered to sectors such as asset and wealth managers, banks, brokers, commodity trading firms, hedge funds, and trading platforms. It was founded in 2017 and is based in London, England.

Headquarters Location

5th Floor 55 Strand

London, England, WC2N 5LR,

United Kingdom

+44 0203 176 8300


SteelEye's Product Videos

ESPs containing SteelEye

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Enterprise Tech / Regulatory & Legal Tech

The transaction monitoring market offers solutions to detect and prevent financial crime, including money laundering and fraud, in today's global economy. This market includes technologies and tools that enable organizations to monitor a wide range of financial transactions, including those conducted through various channels such as banking systems, payment processors, online platforms, and crypto…

SteelEye named as Challenger among 15 other companies, including ComplyAdvantage, ThetaRay, and Eventus.

SteelEye's Products & Differentiators

    Integrated Trade and Communications Surveillance

    SteelEye's integrated solution combines all of a firm's structured and unstructured data across any asset class, communication type, and system under a single lens so they can monitor and manage it all in one place. SteelEye's holistic platform lets firms run intelligent alerts across their entire portfolio and uses contextual data to reduce false positives. When an alert is triggered, surveillance teams can string together orders, trades, communications, market data, and news into a single case with only a few button clicks.


Expert Collections containing SteelEye

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SteelEye is included in 3 Expert Collections, including Regtech.



1,653 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.



12,502 items

Excludes US-based companies


Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.

Latest SteelEye News

Demand for integrated surveillance doubles as regulators up pressure

Jun 27, 2023

The Trade Demand for integrated surveillance doubles as regulators up pressure Surge comes as SEC logged a record $6.4 billion in penalties last year. Integrated trade and communications surveillance has seen a 100% increase over the last year as regulators continue to ramp up enforcement actions, a SteelEye report has found. The report’s findings come as regulators up their enforcement actions related to communications and trade surveillance on both sides of the Atlantic. In 2022, the UK Financial Conduct Authority (FCA) issued almost triple the number of fines compared the previous year. Last year, the SEC issued a record $6.4 billion in penalties, representing a 9% increase on the previous year. Fines totalling $1.1 billion were handed out to 16 Wall Street players for failing to monitor their workers or stepping in to prevent communications via unauthorised messaging apps (such as WhatsApp). Just last week JP Morgan was ordered to pay $4 million civil monetary penalty to the SEC following the deletion of 47 million electronic communications. It was the latest in a series of orders issued by the SEC to the bank for failure to preserve records. Previously, regulatory reporting was found to be the highest investment priority across firms, however a year on SteelEye’s 2023 Annual Compliance Health Check Report – which surveys more than 300 senior financial services compliance and risk professionals – has found that investment in communications and eComms surveillance is now the primary focus. Of the respondents, 77% highlighted it as a main priority for 2023, while 25% specifically identified it as the top investment focus. Matt Smith, chief executive of SteelEye stressed the importance of integrated surveillance as compliance departments of global financial institutions face increased pressure from regulatory bodies – which continues to be exacerbated by technological advancements. “To meet regulatory demand, financial firms need to get better at detecting potential market manipulation.” he said. “However, they won’t be able to do that if they continue to grapple with a proliferation of data, systems, and platforms. As stretched compliance teams confront a seemingly endless list of challenges, integrated surveillance will be critical in helping firms successfully navigate an increasingly complex and data-dependent regulatory environment.” In terms of the key challenges facing firms, views differed between jurisdictions. In the UK, managing regulatory change and dealing with regulatory queries/investigations were both highlighted as the main hurdles by respondents – each highlighted by 42% of respondents. Conversely, in Europe, the most common challenge was found to be keeping abreast with – and implementing – regulatory change (41%). In the US, just over 41% confirmed that the struggle with using management information (MI) was the top issue, closely followed by managing market abuse and manipulation risk challenging (39%). Despite the recent regulatory challenges, overall, the report found that 60% of firms believe regulators are easier to deal with compared to five years ago. According to SteelEye: “These positive attitudes towards the regulator could have to do with technological advancements, which are making compliance processes more streamlined and straightforward. Equally, it could be down to more concise and clearer communication from regulators.”

SteelEye Frequently Asked Questions (FAQ)

  • When was SteelEye founded?

    SteelEye was founded in 2017.

  • Where is SteelEye's headquarters?

    SteelEye's headquarters is located at 5th Floor, London.

  • What is SteelEye's latest funding round?

    SteelEye's latest funding round is Series B.

  • How much did SteelEye raise?

    SteelEye raised a total of $45.43M.

  • Who are the investors of SteelEye?

    Investors of SteelEye include Illuminate Financial Management, Fidelity International Strategic Ventures, Beacon Equity Partners, Ten Coves Capital and Tech Nation Fintech.

  • Who are SteelEye's competitors?

    Competitors of SteelEye include VoxSmart, Regtick, Compliance Solutions Strategies, Eventus, Cappitech and 7 more.

  • What products does SteelEye offer?

    SteelEye's products include Integrated Trade and Communications Surveillance.

  • Who are SteelEye's customers?

    Customers of SteelEye include Fidelity International.


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Features Analytics

Features Analytics is a company that focuses on providing artificial intelligence (AI) driven surveillance solutions in the financial sector. The company's main offerings include AI technology that enables highly accurate detection of trading abuse and financial crime such as payment fraud. The technology, which originated from principles used in cancer detection, provides high-quality alerts and identifies emerging patterns of suspicious activity, thereby reducing operating costs and financial risks for financial institutions. Features Analytics primarily sells to the financial industry, including banks, exchanges, brokers, asset managers, and regulators. It was founded in 2014 and is based in Nivelles, Belgium.

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Eventus provides a software platform for solving pressing regulatory technology challenges. The company’s solution combines multiple technology stacks, including artificial intelligence (AI) to allow firms to monitor all trading surveillance requirements including market manipulation such as spoofing, layering, and wash trading. It serves capital markets organizations, including banks, brokerages, futures commission merchants (FCMs), proprietary trading firms, exchanges, corporates, and buy-side firms. Eventus Systems was founded in 2014 and is based in Austin, Texas.

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Scila is a fintech company that operates in the financial services industry. The company offers software solutions for market surveillance, risk management, compliance, and anti-money laundering. Its primary customers include exchanges, trading venues, market participants, brokers, and regulatory authorities. It is based in Stockholm, Sweden.


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