About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Schroders Deploys SteelEye to Improve MiFID II Transaction Reporting

Subscribe to our newsletter

SteelEye continue to build its customer base looking for Markets in Financial Instruments Directive II (MiFID II) solutions with the addition of Schroders. The investment manager deployed SteelEye in July 2020 having selected the compliance technology and data analytics firm on the basis of the quality of its technology, regulatory expertise, and willingness to support tight implementation deadlines.

Keith Frimpong, global head of operations change at Schroders, says the implementation has ‘helped us to improve the level of control and accuracy we have around our MIFID II transaction reporting’.

SteelEye reduces the complexity and cost of compliance by enabling firms to manage regulatory obligations through a single platform. For MiFID II, the platform provides full visibility of MiFID II transaction reporting workflow and includes automated tools that can be used to manage any over or under-reporting, as well as data validation errors.

MiFID II transaction reporting was the first RegTech service on the Steeleye platform when the company launched in October 2017. Matt Smith, CEO at SteelEye, says it adoption by Schroders ‘reassures us that our data-centric compliance platform truly addresses an industry need’.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

REP008, FIT, and Beyond: Navigating the FCA’s Reporting Duties on Misconduct

The Financial Conduct Authority (FCA) has long insisted that “non-financial misconduct is misconduct.” That phrase, repeated across speeches and policy statements, reflects the regulator’s conviction that culture, integrity, and behaviour are inseparable from financial soundness. In 2025, the FCA translated that principle into formal rulemaking, finalising changes to the Senior Managers & Certification Regime (SMCR)...

EVENT

AI in Capital Markets Summit London

Now in its 2nd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...