Wilson Sonsini’s London-based M&A team advised SteelEye, a leading trade and communications surveillance and data analytics platform, on its merger with FundApps, a provider of compliance monitoring and regulatory reporting solutions for the global financial services industry. Backed by FTV Capital, the merger brings together two of the RegTech sector’s most innovative providers to create a single, end-to-end compliance solution for clients across the buy-side and sell-side.

The combined organization will deliver a unified platform that transforms how financial institutions approach compliance, integrating surveillance, monitoring, reporting, and analytics to provide complete visibility and control throughout the regulatory lifecycle.

Together, FundApps and SteelEye will support over 350 clients, including banks, asset managers, hedge funds, and commodities firms across 18 countries, with a combined annual recurring revenue approaching £50 million and major offices in London, New York, Singapore, India, and Portugal.

The Wilson Sonsini team that advised SteelEye on the landmark transaction includes:

M&A
Ross Davies
Sarahanne Jackson
Daniel Cornell
Charlotte Eynon
Max Johnson
Hayden Smith
Katherine Fuller
Henry Oates
Nabiila Hendryani-Soehedi

Corporate
Rich Goold
Ashmi Bhagani

Employee Benefits and Compensation
Fleur Benns
Matthew Norgard
Emilie Sylvester
Alex Manter

Tax 
Emma Game
Myra Sutanto Shen
Derek Wallace
Emma Nel

Employment
Martin Luff
Eleanor Williams

National Security and Trade
Mike Casey
Jack Davies

Antitrust and Competition
Deirdre Carroll
Evan Moore

Data, Privacy, and Cybersecurity
Tom Evans
Claudia Chan

Technology Transactions
Andrew Poling

For more information, please see SteelEye’s news release.