Ofir Shabtai Shield

Ofir Shabtai

CTO and Co-Founder

Ofir is the CTO and Co-Founder of Shield. He has over 15 years of experience building large scale systems. Prior to Shield, Ofir was Co-Founder and CTO at several start-up companies where he built global engineering teams and was responsible for strategy and execution of real-time systems and big data.

Ofir holds an MBA in Business Management from the Hebrew University of Jerusalem and a BA in Computer Science from IDC Herzliya.

More from this author

[The New Compliance Normal] Speeding towards digitalization

Although the term may be in dispute; digitalization, cloud migration and digital transformation all refer to essentially the same thing. Ofir wonders if the #newcompliancenormal will accelerate those processes.

Business Continuity gets the spotlight
[The New Compliance Normal] Business Continuity gets the spotlight

It only took a global pandemic and a war declared on racism to make a few things happen. With all this change, you’d think that every company on the planet would have a business continuity plan (BCP) in place by now. Shockingly, that doesn’t appear to be the case.

[The New Compliance Normal] COVID-19 Accelerated the Migration of Financial Firms to the Cloud
[The New Compliance Normal] COVID-19 accelerated the migration of financial firms to the cloud

The first in a series of blog posts dedicated to “the new compliance normal.”

Both Communications and Market Data Analysis Crucial to Effective Compliance Investigations

Enterprise software applications have proven effective at flagging possible noncompliance events. But once a particular exchange is flagged, compliance managers are largely the ones responsible for following through with the necessary investigation.

Effective compliance requires a 360 approach

During 2018 I was fortunate enough to have been working with financial institutes from all across the globe, and it would be “old news” if I said that RegTech solutions are in higher and higher demand. Regulatory constraints, on the one hand, client expectation for frictionless experiences on the other, and tangible, ever-growing cybersecurity threats that target financial institutes primarily (for a variety of reasons), together make a powerful combination that cannot be ignored.