SteelEye Unveils Tool to Slash Trade Reconstruction Timeframes

Officials say the new product will enable firms to aggregate and correlate the data required to fulfill trade reconstruction obligations within seconds.

Good data

London-based regtech provider SteelEye has rolled out an Auto-Trade Reconstruction tool that aggregates all structured and unstructured data relevant to a transaction, to help firms meet the compliance requirements and timeframes of regulatory reporting obligations.

The vendor originally planned to release Auto-Trade Reconstruction in the first quarter of this year, but delayed the launch until now after the Covid-19 outbreak, to focus on meeting demand for its existing services around trade

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