Today we announce that we have been shortlisted for four RegTech Insight Awards 2019 categories (public voting is currently open here until Friday 15th March) and at the National Technology Award 2019 (winners will be announced on May 16th).here
Shield is a finalist in the ‘Best AI Solution for Regulatory Compliance’, ‘Best Innovative Technology for Regulatory Compliance’, ‘Best Regulatory Reporting Solution’ and ‘Best Solution for Records Retention’ categories in the RegTech Insight Awards 2019. Shield is also a finalist in the ‘RegTech Project of the Year’ category in the National Technology Awards 2019.
Eran Noam, VP Global Sales & Business Development commented, “We are delighted that the financial industry is recognizing our efforts in providing the most comprehensive RegTech solution. A key part of this recognition is Shield FC’s ability to provide a full 360-degree view of data and regulatory compliance, covering a broad spectrum of different applications, eclipsing other solutions on the market.”
Financial firms have a major challenge in making unstructured data records (such as voice-based trades, emails, SMS and chats etc.) available for every transaction, quote or offer. Tackling these requirements manually is very inefficient, so Shield FC provides a highly powerful, cost-effective data management platform for electronic communication, trade data, and market data. This transforms siloed eComms platforms into a single end-to-end solution to reconstruct, report and interact with complete trade timelines via an intuitive point-and-click user interface.
Eran continued, “We provide a fully-scalable real-world solution for collecting and analyzing all unstructured and trade data using the latest AI, machine learning and NLP technology, which gives our unique platform the edge over the competition. It also provides invaluable market data, providing a highly tangible ROI along with full regulatory compliance.”
Despite only launching in 2017, Shield is already showing it is a major force in the RegTech sphere, as Eran concludes, “Although we are a relatively young business, we also already have plenty of systems deployed and can demonstrate considerable benefits for satisfied customers – something which is still largely unique amongst our industry and competitors.”
The RegTech Insight Awards 2019 winners will be announced in London on 3rd May 2019. To vote, please visit https://www.surveymonkey.co.uk/r/Y3W7WQ3. The winners of the National Technology Awards will be announced at an event in London on 16th May 2019.