Case Study: Hywin Wealth saves costs and improves efficiencies with SteelEye

Hywin Wealth LLP saves cost and improves efficiencies with SteelEye, managing 5,000 staff and £12bn in AUM

Hywin Wealth LLP, a London-based wealth management firm, faced a complex challenge in meeting its MiFID II transaction reporting obligations. As a multi-custodian business, its reporting requirements were more intricate than most, and it sought a solution that would not require building an in-house system or fully outsourcing the operation. The firm turned to vendor SteelEye for its MiFID II Transaction Reporting service.

SteelEye provided a user-friendly platform that could easily ingest multi-custodian data for reporting. The solution allowed Hywin Wealth to manage risk in-house without needing to hire new resources or acquire new skill sets, resulting in significant cost savings. The implementation improved efficiencies through automated data ingestion and streamlined reporting, and it provided enhanced insight by consolidating transaction and communications data.

Hywin Wealth LLP