We are proud to announce we are a finalist for ‘Best RegTech Solution’ in the Finovate Awards 2020, and also for ‘Best Data Solution for Regulatory Compliance’ in the Data Management Insight (DMI) Awards 2020.

Iftach Drori, Head of Marketing at Shield commented, “We are very honored to be a finalist in both the Finovate Awards and Data Management Insight Awards for 2020. Both awards recognize innovation and excellence in regulatory compliance technology, which is the beating heart of what the Shield team strives for and excel at. Excellent RegTech solutions have never been in greater demand, with the pressures of ever-tightening regulations, along with the added complexity of overseeing compliance in the new normal of remote working.”

Assessed by an expert panel of judges from across the financial industry, the Finovate Awards category for ‘Best RegTech Solution’ recognizes entries that excel in the field of regulatory compliance, but without disrupting customer experience or creating inefficiencies for bank employees. Designed to seamlessly integrate with the existing eComms and business systems of the financial firm, the Shield platform is perfectly placed to meet these criteria whilst bringing all the different siloed elements of data together. By using powerful AI and Machine Learning, Shield automates the complex process of effective and powerful compliance surveillance platform.

The Data Management Insight Awards are decided by an open public vote and the ‘Best Data Solution for Regulatory Compliance’ category recognizes solutions that transform the management of data for financial firms. The Shield surveillance platform takes a Polymeric approach to data, understanding this is the root of all compliance challenges for financial firms, ensuring it is fully enriched and correlated, to guarantee that the full financial context and chain of an event is captured ahead of any analysis.

Iftach adds, “We are confident that the Shield platform is the most comprehensive on the market and ideally suited to the rapidly changing world around us, but third-party recognition of this makes it even clearer for buyers scrutinizing the market when they are choosing the most suitable solution for their needs.”

The Finovate Awards results will be announced during the FinovateFall Digital event on 14th  September, whilst public voting for the Data Management Insight Awards closes on Monday 21st September – with the winners being announced on Thursday 3rd December 2020. You can vote for Shield in the ‘Best Data Solutions for Regulatory Compliance’ category of the DMI Awards here: https://www.surveymonkey.co.uk/r/VM8N32C