Case Study: Theorema achieves streamlined MiFIR reporting with SteelEye

Theorema streamlines MiFIR reporting for 90% of trades with SteelEye

Theorema, an alternative asset manager, faced challenges with its manual MiFIR transaction reporting process. Their internal system was cumbersome and lacked robust validation tools, making it difficult to identify the reasons for reporting failures. Seeking a more reliable solution, Theorema partnered with SteelEye for its MiFIR Transaction Reporting service to achieve a robust and compliant reporting workflow.

SteelEye implemented its data platform, which provided built-in validation tools and an eligibility database. This solution gave Theorema immediate feedback on report success or failure, detailing the exact cause of any issues. As a result, Theorema gained full confidence in its compliance, could correct errors efficiently, and no longer risked missing the T+1 reporting deadline.

Theorema