SteelEye: Releases automated three-way reconciliation solution
- SteelEye launched an automated Three-Way Reconciliation solution to tackle MiFIR transaction reporting issues
- The technology enables firms to fulfill their reconciliation requirements, validate their MiFIR reporting data
- Complete and accurate reporting data is critical for regulators to maintain fair and orderly markets
- The industry has struggled with data integrity issues since MiFID II came into effect
- To enhance confidence in the financial markets, the industry needs to improve regulatory reporting completeness and accuracy
- Three-Way Reconciliation solution helps firms address data integrity issues by automating the reconciliation process