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SteelEye

RegTech platform for regulatory compliance analytics

Overview

SteelEye provides a RegTech platform for financial services to manage regulatory obligations across multiple rules and channels. It consolidates compliance processes with modules for record-keeping, trade reconstruction, analytics, best execution and transaction cost analysis (TCA), and communications surveillance, all accessible via a subscription model that includes updates. The platform differentiates itself by offering an integrated, end-to-end solution that combines governance with advanced data analytics to streamline compliance and manage risk. Its goal is to help clients stay compliant efficiently, reduce risk, and turn regulatory compliance into a competitive advantage.

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About SteelEye

Simplify's Rating
Why SteelEye is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFinancial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$49.1M

Headquarters

London, United Kingdom

Founded

2017

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Simplify's take

What believers are saying

  • RegSensus launched October 2026 with $30 trillion monitored, signaling strong commercial scale.
  • Result Investigation cut disclosure resolution time 25 percent, proving AI-driven workflow savings.
  • FCA validation-rule changes and Form PF changes through 2027 force fresh compliance spending.

What critics are saying

  • FTV Capital now controls the merger; integration failure by 2027 destroys product momentum.
  • 400 clients still leaves concentration risk if large banks replace fragmented tools with one rival.
  • Regulatory intelligence is winner-take-most; Nasdaq, NICE, and Broadridge can bundle adjacent compliance faster.

What makes SteelEye unique

  • RegSensus combines FundApps monitoring with SteelEye surveillance across 400 clients in 30-plus countries.
  • Its Trusted Regulatory Standard reduces duplicated compliance interpretations across reporting, surveillance, and investigations.
  • SteelEye's messaging-channel capture and trade surveillance cover WhatsApp, Telegram, orders, and transactions.

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Funding

Total Funding

$49.1M

Below

Industry Average

Funded Over

5 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Paid Vacation
  • Life Insurance

Growth & Insights and Company News

6 month growth

0%

1 year growth

1%

2 year growth

-2%
Australian FinTech
Oct 27th, 2026
UK fintechs FundApps and SteelEye launch RegSensus to combat compliance fragmentation and bring standardisation to regulatory complexity.

UK fintechs FundApps and SteelEye launch RegSensus to combat compliance fragmentation and bring standardisation to regulatory complexity. UK fintechs FundApps and SteelEye are launching RegSensus, a new, combined firm that is building a unified platform for regulatory intelligence. RegSensus will leverage FundApps' 16 years of regulatory monitoring expertise with SteelEye's 9 years in trade and communications surveillance. The launch comes as round-the-clock trading keeps surveillance teams always on, and compliance functions face mounting regulatory change, such as the FCA's upcoming validation rules for the transaction reporting regime this month and changes to US private fund reporting requirements (Form PF) coming into force in July 2027. Track Investments RegSensus takes its name from the firm's mission to provide a Regulatory Consensus as the market faces global regulations that shift and diverge at speed. The platform is built on a Trusted Regulatory Standard, developed by FundApps for regulatory monitoring and now extending across trade and communications surveillance following the merger with SteelEye. Shaped by regulatory experts and continuously validated by a global client community, this standard gives compliance teams a trusted framework that holds up under regulatory scrutiny. By combatting fragmented compliance systems and unifying data, the business will also focus on helping firms use AI to overcome blind spots, make more strategic decisions and automate routine compliance functions. In a recent analysis, RegSensus clients using its Result Investigation tool, in which AI takes on the manual checking of compliance alerts, saw a 25 per cent reduction in disclosure resolution time. By rebuilding monitoring, reporting and surveillance around a Trusted Regulatory Standard, RegSensus will enable compliance officers to act as more strategic risk advisers. Firms will be able to identify urgent risk, act with confidence and validate their decisions for global regulators. The merger between FundApps and SteelEye was completed in September 2026, supported by FTV Capital. FTV Capital invested in FundApps in July 2025 and provided additional capital for the merger with SteelEye when it was announced in November 2025. "Investment firms rarely win a mandate on compliance, but plenty lose one on it. They need to be competing on performance and service, not on how they each interpret the same regulations," said Frederic Ceyte, CEO of RegSensus. "RegSensus brings much needed standardisation so that the financial industry can stop sinking time into risky, isolated interpretations of global regulations. With those standards in place, and with previously fragmented compliance data coming together, agentic AI can take on more of the manual work and surface insights faster. That's regulatory intelligence. And while AI will transform compliance workflows, the final call stays with the experts." Learn AI Tools "AI will reshape compliance, but only on rules and data firms can trust. That's what RegSensus is built on. Its standard is already proven in regulatory monitoring and now extending into surveillance. We'll keep backing the team's investment in agentic AI," said Richard Earnshaw, partner at FTV Capital.

FinTech Global
Sep 4th, 2026
Kaizen strengthens leadership with new CFO hire.

Kaizen strengthens leadership with new CFO hire. September 4, 2026 Kaizen, the regulatory reporting assurance specialist, has appointed Rob Bernstein as chief financial officer (CFO) as the business prepares for its next stage of growth. Bernstein moves to Kaizen from SteelEye, where he held the CFO role since 2020. He brings more than 15 years of financial leadership experience gained across fast-growing technology and RegTech companies, having previously served as CFO at RegTek Solutions and TIM Group. Throughout his career, Bernstein has helped expanding technology firms navigate periods of substantial growth, drawing on his background in financial strategy, commercial performance and the development of finance functions built to support ambitious scaling plans. The hire comes shortly after Kaizen brought in Sam North as chief product officer last week, adding further depth to the leadership team as the company grows both its regulatory reporting assurance platform and its wider operations. Kaizen is described as a regulatory reporting assurance specialist; the press release does not provide further detail on the company's founding, size or client base. Kaizen CEO Mike Leach said, "Rob brings an impressive track record of helping ambitious technology businesses scale, alongside deep experience in Regtech and working within private equity-backed environments. "As Kaizen moves into its next phase of growth, strong financial and commercial leadership will be increasingly important. Rob's experience of supporting scaling businesses, driving commercial performance and building the financial infrastructure required for growth will be invaluable as we execute our long-term strategy. "His appointment further strengthens our executive team at an important point in Kaizen's development, and I'm very pleased to welcome him to the business." Kaizen CFO Rob Bernstein said, "Kaizen has built a strong position in regulatory reporting assurance with a highly credible client base and a clear opportunity to scale further. "Having spent much of my career helping fast growth technology and Regtech businesses develop and grow, I'm excited to bring that experience to Kaizen as it enters its next phase of growth. "I'm looking forward to working with Mike, the executive team and colleagues across the business to help Kaizen realise its long-term ambitions." Enjoying the stories? Investors. The following investor(s) were tagged in this article.

FinanzNachrichten.de
Nov 3rd, 2025
FundApps and SteelEye Announce Merger

FundApps and SteelEye have announced a merger to create a unified global regulatory compliance platform. FTV Capital, an existing investor in FundApps, provided additional equity investment. The merger aims to offer an integrated suite of solutions for financial institutions, enhancing automation and transparency in compliance. The combined entity will serve 350 clients across 18 countries, with an Annual Recurring Revenue nearing £50 million. Financial terms were not disclosed.

GlobeNewswire
Nov 12th, 2024
The Future Leaders in Fintech 2025 Revealed by Juniper Research

The analysis identified SteelEye as the top fintech future leader due to its focus on integrating and collating large volumes of data to simplify trade surveillance, and better detecting illegal practices such as insider trading and market manipulation.

WealthBriefingAsia
Sep 25th, 2024
Compliance Corner: SteelEye Launches New Surveillance Tool

SteelEye SteelEye, a London-based surveillance provider used by financial firms, has rolled out its Compliance CoPilot tool across trade surveillance.

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